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News Corp. On MySpace: "Current Losses Are Not Acceptable"

To be clear: we don’t mean to spread rumors or alarm anyone.  But MySpace employees might want to consider setting aside some extra money and updating their LinkedIn profiles, as one News Corp. exec hinted during an earnings call that a drastic cost-cutting action of sorts may occur. A large round (or two) of layoffs […]

Rise in Tech Investment Could Signal Economic Recovery [STATS]

Around the world, venture capital investments are seeing a marked uptick — a 13% increase in investments was made in Q1 2010 alone. In all markets except Europe, VC seems to be slowly crawling up from the all-time lows of the recession. Earlier this month, we showed you a report that confirmed VCs were getting […]

Hulu iPad App on the Way, Possibly Subscription Model? [RUMOR]

It comes as a shock to no one that Hulu is most probably working on an iPad app, as four different sources have told the New York Times. Those sources also say the company is interested in testing out a subscription model in the iPad version. Hulu CEO Jason Kilar, who has been traditionally tight-lipped […]