News Corp, which owns MySpace, has revealed it is considering a sale, merger or even spinoff of the social network.
In what will be seen as a concession to media baron Rupert Murdoch, Google has made it easier for news sites -such as those Murdoch controls - to opt-out of Google News.
Microsoft has discussed paying News Corp. to remove its news Web sites from Google's search results and list them on its Bing search engine instead, The Financial Times reported Sunday on its Web site.
The restructuring continues at MySpace, whose staff will get cut by almost 30 percent, the News Corp. division announced Tuesday.
With MySpace CEO Chris DeWolfe stepping down, analysts say it's the perfect time for the social networking pioneer to reinvent itself and try to regain some momentum against rival Facebook Inc.
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