MySpace: is this the beginning of the end? - Telegraph
►http://www.telegraph.co.uk/technology/myspace/8243301/MySpace-is-this-the-beginning-of-the-end.html
The restructure, which will see the majority of MySpace’s depleting workforce reside in the US alone, as the London, Sydney and Berlin offices are left with a skeleton staff, is a very similar strategy to AOL’s final handling of Bebo, before selling the struggling social network on for a comparatively small sum to a venture capital fund.
