'I'm always in a better mood to work when it's remote,' a Dubai resident said adding that she does not have to worry about the hassle of being late to work
CNBC business television reported on Monday that News Corp is on course to sell MySpace by mid-2011, citing sources.
The Los Angeles-based company will also lay off more than half of its staff as management seeks to accelerate a turn-around for the loss-making company, the person said confirming earlier reports by All Things Digital and CNBC.
A MySpace spokeswoman declined to comment.
Reuters reported in November that News Corp was open to a sale of MySpace after its relaunch as an entertainment site.
A successful revamp of the site — still visited by around 60 million people a month — was seen as possibly paving the way for a sale.
News Corp Chief Operating Officer Chase Carey told investors on a conference call in November that MySpace had “quarters” rather than years to turn around its fortunes.
MySpace, once one of the fastest growing sites on the Web, has fallen behind its much larger rival Facebook which is visited by about 150 million people monthly.
'I'm always in a better mood to work when it's remote,' a Dubai resident said adding that she does not have to worry about the hassle of being late to work
Vehicles that were submerged in the basement parking of the buildings were still being pulled out this week by the vehicle owners
Plans for stunningly green project show boardwalks over mangrove forests, biospheres, pocket beach parks and social spaces
Swiatek is now the youngest player to reach 10 WTA level finals on clay since Swiss Martina Hingis in 2000
Spearheaded by Tunisian Lazzez, 971 Fighting Championship is a unique and innovative MMA entertainment brand
Needing two off the final ball, Rajasthan's Rovman Powell missed a full toss and was trapped in front of the wicket by Bhuvneshwar Kumar
In the video, Pushpa Raj a.k.a Allu Arjun dances in style with a glass of tea in one hand
Not only Alia and Priyanka but Ananya Panday also shared her views on the film