D7 Video: Jon Miller and Owen Van Natta

News Corp. digital head Jon Miller and MySpace CEO Owen Van Natta join Walt and Kara onstage to discuss the challenges facing MySpace, and its need to innovate to overcome them.
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Voices

MySpace: Pali Sees Big Rev Drop; Expects Layoffs

The time has come for big changes at MySpace, according to Pali Research analyst Richard Greenfield. In a research note this morning, Greenfield asserts that, with just over a year to go on the News Corp. unit’s search advertising deal with Google, “it appears as though Google simply does not care about social search.” He contends it is difficult to imagine Google paying anywhere near what they were previously shelling out to MySpace, “especially as the inherent functionality of social networks is diminishing the importance of search.” The current deal expires in June 2010.

MicroHoo: Jesus Is Coming, Look Busy

Everybody remain calm. While it might have looked like it was the rapture for major Internet players yesterday–what with everyone and his mother getting sucked up into the Yahoo-Microsoft takeover tussle and disappearing into the ether of confusion that now reigns over the situation–it is best to keep moving toward the light of harsh reality for illumination.

Could Microsoft Lower Its Bid?

So, for the last week or so since Yahoo rejected Microsoft’s unsolicited bid of $31 a share as too low, all has been relatively quiet on the Western front. Sure, Yahoo continued its tango with News Corp.’s Rupert Murdoch (lots of those dramatic cross-country flights to meet in secret, like they were rendezvousing at Hernando’s Hideaway, details of which somehow always get leaked to the press). In turn, while threatening a proxy fight, Microsoft trotted out its execs–including its iconic Chairman Bill Gates–to restate that its offer was “fair” and leaked its own internal memos, including emails from top brass to company minions. So, one wonders, what could get this party started?