MySpace to cut international jobs
US based social networking company MySpace has announced that they are going to cut around 300 international jobs from their global operations.
The company is aiming to cut costs to stay competitive against the market leaders and emerging rivals.
Facebook has already overtaken MySpace to become the leading social networking service in USA [...]

MySpace to focus on innovations for growth
MySpace was once the leading social networking service on the web.
Facebook was much smaller a couple of years ago.
But things have changed massively and Facebook now dominates the social networking scene on the web.
MySpace however is not sitting idle. The company now plans to focus on innovations to grow [...]