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MySpace Is About To Be NoSpace, Layoffs Coming THIS Week!
Yep, you read correctly. MySpace IS still around.
The former internet phenom is going on sale for $30 million, which pales in comparison to the whopping $580 mil it took to start it.
Those vying for the company include Specific Media, Golden Gate Capital, Activision CEO Bobby Kotick, and the site's co-founders - Chris DeWolfe and Tom Anderson.
With the sale will also come a 50 percent layoff rate leaving the cyber giant with only 200 employees.
Looks like it's withering away, but for old time's sake, we hope Tom gets it!
Tags: company, employees, for sale, founder, internet, myspace
Stevie Nicks, Ryan Tedder, And Train's Pat Monahan Coming To The Voice Finale!
Adam Duritz Claims He's 'Less Crazy' And Is Weaning Off His Meds
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Dayum!