I was looking around MSNBC and found this article..
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With shrinking audiences, deep layoffs and two management shake-ups, MySpace, the one-time leader in Internet social networking, has had a rocky year.
Mike Jones, who took over as co-president last month with Jason Hirschhorn, said that even within MySpace some employees have lost the will to keep fighting.
"We are at the point now where we need believers," said Jones, noting that the News Corp unit has encouraged various individuals not fully committed to the cause to leave and has hired new talent.
"
READ MORE HERE
Haha I knew MySpace has gonna die away sooner or later, I used it but was never a big fan, I was more of a FaceBook guy even before it was cool to have one.