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“MySpace said Tuesday it is cutting nearly 30 percent of its work force in a bid to become more efficient, bringing its staffing level more in line with its more popular rival, Facebook.” Link

“Why doesn’t News Corp. CEO Rupert Murdoch just make it official? His wife, Wendi Deng, serves as ‘chief strategist’ for MySpace China, the media conglomerate’s Internet outpost in her homeland. MySpace China CEO Luo Chuan has just quit. Just promote her already, Rupert!” [Link]
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