this bhaashan is by your fav: Kunj :) News Corp. has sold the struggling social network MySpace to Specific Media for about $35 million, after paying $580 million for the network in 2005
http://mediadecoder.blogs.nytimes.com/2011/06/29/news-corp-sells-myspace-to-specific-media-for-35-million/
http://mediadecoder.blogs.nytimes.com/2011/06/29/news-corp-sells-myspace-to-specific-media-for-35-million/
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