By BRIAN STELTER
MySpace, the long-suffering Web site that the News Corporation bought six years ago for $580 million, was sold Wednesday to the advertising network Specific Media for roughly $35 million.
The News Corporation, which is controlled by Rupert Murdoch, had been trying since last winter to rid itself of the unprofitable unit, which was a casualty of changing tastes and may be a cautionary tale for social companies like Zynga and LinkedIn that are currently enjoying sky-high valuations.
http://mediadecoder.blogs.nytimes.com/2011/06/29/news-corp-sells-myspace-to-specific-media-for-35-million/?ref=technology
Why we must remember to delete – and forget – in the digital age
Human knowledge is based on memory. But does the digital age force us to remember too much? Viktor Mayer-Schönberger argues that we must delete and let go
http://www.guardian.co.uk/technology/2011/jun/30/remember-delete-forget-digital-age
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