Friday, June 19, 2009

How could this happen?

News Corp. has decided to "dissolve" Fox Interactive Media (FIM), which has, up until this point, been their digital arm. That's sad, and even more sad is the fact that they might lay off 350 people in the near future. That being said, as a social networking specialist, I'm even more worried about that will happen now to my favorite part of FIM: MySpace; News Corp. already fired 400 employees at the former social networking juggernaut on Tuesday.

This revolutionary company turned the world upside down with its ability to network people across the globe like never before. It helped turn the Internet into the necessary part of life that it is today. Now it may disappear. Goodbye, old friend...
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