Archive for January, 2011

MySpace Down Under To Close Doors

Wednesday, January 12th, 2011

MySpace looks set to close its Australian office as part of its move to cut 500 jobs - or nearly half its staff - potentially setting the stage for a sale of the social network owned by Rupert Murdoch's News Corp. MySpace chief executive Mike Jones said in a statement today ...

Facebook Shutting Down??

Monday, January 10th, 2011

A rumour Facebook was shutting down wafted over the web, forcing the hugely popular social network to deny it had any intention of closing. The rumour was started by a satirical online website whose other news flashes include such items as "Alien Spaceships to Attack Earth in 2011" and "George Clooney ...

The Legal Battle Continues

Wednesday, January 5th, 2011

SOME people go to court hoping to win millions of dollars. Tyler and Cameron Winklevoss have already won tens of millions. But six years into a legal feud with Facebook, they want to give it back - for a chance to get more. The Winklevosses - identical twins and Harvard graduates ...

Goldman Sachs Invests In Facebook

Tuesday, January 4th, 2011

The $US450 million Goldman Sachs is reported to have invested in Facebook is expected to give the world's most popular social networking site the financial muscle it needs to compete with its rivals. The investment is the first by a Wall Street bank in Facebook and values the company at $US50 ...

HR Is Watching You

Monday, January 3rd, 2011

Think twice before uploading another photo or status update if you are about to have a job interview – employers are watching you. In an age of oversharing online, with a third of the Australian population on Facebook, many recruiters and companies cannot resist the temptation to screen potential candidates via ...