Skip to main content

News Corp warns MySpace to improve – or else

MySpace LogoMySpace CEO Mike Jones recently addressed his site’s relaunch, saying, “This marks the beginning of an exciting turning point for MySpace.” Turns out that might have been wishful thinking. Parent company News Corp announced yesterday that the social site’s future will be judged “in quarters, not years.” Translation: you’ve got months to turn this thing around.

MySpace’s losses have spiraled out of control, and rose to $156 million this year. There are rumblings of layoffs in the near future, and as News Corp President Chase Carey put it during the company’s earnings conference, “Our current management did not create these losses, but they know we have to address them.”

At the same time, Carey sounded hopeful for MySpace’s future, and that with its’ new focus on entertainment and music, the site was at least trying to solve its problems. Still, traffic and advertisers are down, way down, and the “clear path to profitability” that News Corp wants to see has yet to be blazed.

News Corp acquired MySpace for $580 million, and hasn’t seen an impressive return on investment. This is mostly due to Facebook’s emergence as the world’s dominating social network shortly after the deal. MySpace has clearly struggled since, and it very well may be that no amount of rebranding is going to save it. In a digital world where everything is more and more centered around the Facebook platform, it isn’t difficult to imagine MySpace fading out. So for the handful of users left, enjoy it while it lasts.

Editors' Recommendations

Molly McHugh
Former Digital Trends Contributor
Before coming to Digital Trends, Molly worked as a freelance writer, occasional photographer, and general technical lackey…
Best Surface Laptop and Surface Pro deals: From $450
Microsoft Surface Go 3 sitting on table.

If you want a thin and light laptop that's similar to the MacBook Air but not in the Apple ecosystem, then the Microsoft Surface lineup of laptops is absolutely the way to go. In fact, if you've seen the recent unwrapping of the business version of the Surface Pro 10 and Surface Laptop 6, you might be fired up and ready to grab your own surface. Unfortunately, the Surface lineup can be quite expensive, which is why we've gone out and scoured the retailers for the best deals we could find and collected them below. So, be sure to check out everything, as well as some of these other great laptop deals if you aren't fully committed to the Microsoft Surface lineup.
Microsoft Surface Go 3 -- $450, was $550

Functioning as a 2-in-1 laptop that can switch between tablet mode and laptop mode, the Microsoft Surface Go 3 won't have trouble dealing with basic tasks as it's equipped with the Intel Pentium Gold 6500Y processor and 8GB of RAM. The 10.5-inch touchscreen with 1920 x 1080 resolution is bright and colorful, and its 128GB SSD is more than enough for your documents. The Microsoft Surface Go 3 ships with Windows 11 Home in Mode, so you can start using it as soon as you unbox it. The device also promises up to 11 hours of battery life before requiring a recharge.

Read more
Best GPU deals: MSI, XFX, EVGA
An AMD graphics card in an external GPU enclosure.

If you're building a new PC from scratch, or upgrading an old one, then a new GPU is probably one of the biggest upgrades you can make, at least if you're looking for great gaming performance. Unfortunately, the last generation of RTX 40-series cards really amped the prices up, and even if you're going for AMD, you're going to be paying a pretty penny to get your hands on a good GPU. That said, there are some good deals to be had; whether you want something budget-friendly or high-end, you can always put that extra money you save into more RAM or a better CPU. Also, be sure to check out some of these gaming PC deals if you'd rather just grab something already pre-built.
MSI AMD Radeon RX 6500 XT Mech 2X 4GB GDDR6 -- $175, was $190

If you're looking for something that is ultra-budget, then this RX 6500 XT is a good option in the lower range and should let you handle at least some of the main free-to-play games like CS:GO and Rocket League, although you will have to play with graphical compromises. It should also handle indie and casual games, especially older ones like the ones you might find on emulators, so it's also a good option for that sort of budget build. the 4GB of VRAM is not a lot, but again, if you're not planning to play any modern AAA or AA games, then this isn't a bad option.

Read more
Horizon Forbidden West is a marvel — if your PC can handle the heat
Aloy shooting a bow in Horizon Forbidden West.

More than two years after its release on PS5, Horizon Forbidden West is now available on PC. The original game, Horizon Zero Dawn, has become a mainstay for performance testing on PC, and it's one of the pillars of our GPU reviews. The sequel ups the ante in a big way with more graphics options and a more demanding world overall.

I've been playing the game over the past week, drilling down on the best settings, comparing DLSS, FSR, and XeSS, and testing the bounds of performance. Horizon Forbidden West lives up to the standard set by the original release, though weaker GPUs with only 8GB of memory will struggle with high graphics settings and resolutions.
Best settings for Horizon Forbidden West PC

Read more