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'Project Caterpillar' Set to Rival YouTube

After countless threats of legal action and allegations of a carefree approach to copyrighted material, two of the most powerful media companies are embarking on a joint venture that will showcase...

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Microsoft Extends XP on Ultra Low Cost Systems

Not so long ago (April, in fact), Microsoft revealed it would be extending its support of the Windows XP operating system to ultra low-cost PCs (ULCPCs) for a year after the release of the next Windows...

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MySpace CEO Abandons Ship As Site's Popularity Diminishes

At one time, MySpace was the dominant social networking site on the web, a pioneering force that allowed users to create and regularly customize their own web pages. With the advent of Facebook and...

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MySpace Sells for $35M: Report

According to reports, MySpace has been sold by News Corp to advertising network Specific Media for an estimated $35 million. The total sum is apparently a mix of stock and cash, with News Corp holding...

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