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Published on June 30th, 2011 | by Olawale Daniel

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MySpace Sold for Mere $35 Million

The news of Myspace getting sold is no more new to most internet users now that it has now been confirmed that Myspace CEO, Mike Jones will be taking his leave of the company and also will some of the staffs of the company been showed the exit  route soon.
Myspace has been solve to an advertising network company known as the Specific Media for a mere sum of $35,000,000,00 ($35 million dollars).
Jone himself confirms this stating that he will be leaving the office after the restructuring process that which was included in the deal package, and he also confirms that some of the workforce will be reduced.

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About the Author

Olawale Daniel is a Business Psychologist and Efficiency Expert with little-to-no-coding experience, but he knows how to run into trouble while coding! Follow Olawale on Twitter | Google+. TechAtLast is a blog for latest technology trends, events reporting with tutorials, hacks, guides and support for internet users. For advert placement, check our Advertisers page here to build audience for your business. You can as well order Sponsored Product Reviews here for your start-ups and established businesses. Follow on | Facebook | Twitter | Google+ | Pinterest



7 Responses to MySpace Sold for Mere $35 Million

  1. Rojish says:

    I am thinking about Rupert Murdoch who bought myspace for $580 million few years ago. Now he sold it for just $35 million.

    I am wondering what will happen to Google’s Orkut next.

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