More Layoffs Expected At MySpace (NWS)

MySpace has a new advertising deal with Google, which the company announced today.

But it's not all good news at MySpace.

At All Things D, Peter Kafka reports that MySpace has some serious cost issues, including about $70 million per year in expenses left over from the "go-go years."

Kafka writes, "So how else can you cut costs? There are some obvious ways to go, and they won’t be pleasant for MySpace’s remaining staff."

In other words: More cuts for MySpace, which is already a skeleton of its former self.

Join the conversation about this story »

See Also:

• News Corp Might Be Open To Selling MySpace
• MySpace Mobile Strategy Is As Confusing As Everything Else From MySpace
• Myspace Does A "Mashup" With Facebook

More Layoffs Expected At MySpace (NWS)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/JFDnWRaqfwY/more-layoffs-expected-at-myspace-2010-12

WordPress 3.1 Final Release Expected by Year End, WordPress 3.1 Beta 1 Released

WordPress 3.1 final could be release by the end of the year, the dev team have made available WordPress 3.1 Beta 1. If you want to be a beta tester, you should check out the Codex article on how to report bugs. Note: This software still in development and it's not recommend that you run it on your normal live site -- set up a test site just to play with the new version."

WordPress 3.1 Final Release Expected by Year End, WordPress 3.1 Beta 1 Released

Backlink: http://feedproxy.google.com/~r/DTWB/~3/e6bfB7rZpQQ/

US Supreme Court Expected Political Ad Transparancy

T Murphy writes "The Supreme Court, when ruling that corporate and union political donations were allowed under free speech, assumed the source of the donation would be disclosed immediately under current donation laws. Due to loopholes, this has not been the case, eliminating the hoped-for transparency the Supreme Court ruled to be vital to democracy. Justice Kennedy, who sided with the majority on the ruling, has been called naive for his expectation that there would be greater transparency. In the meantime, campaign spending for House candidates alone is expected to reach $1.5 billion."