Teenagers, parents and teachers unaware of social networking risks

A report into the legal risks associated with the use of social networking sites (eg. Facebook, myspace) has found that while 95 per cent of Victorian students in years 7 to 10 use social networking sites, nearly 30 per cent ...

News Corp. puts Myspace on the block

News Corp. said Wednesday it was exploring a sale or other "strategic options" for Myspace, the ailing social network which has been eclipsed by Facebook.

News Corp. exploring options for Myspace

News Corp. said Thursday it is exploring "strategic options" for Myspace amid reports it is considering a sale, merger or spinoff of the ailing social network.

German firm develops Internet eraser for photos

A German firm is poised to launch software allowing users to have photos uploaded to websites such as Facebook, MySpace and Flickr erased automatically after a certain time, its head said Wednesday.

Myspace slashing 500 jobs, nearly half its staff

Myspace announced on Tuesday it was cutting some 500 jobs, nearly half its staff, in a move seen as potentially setting the stage for a sale of the social network owned by Rupert Murdoch's News Corp.

Google to keep powering MySpace ads, search

MySpace on Thursday announced that Google will continue to power advertising and search at the flagging online social network under pressure to improve its financial performance.

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