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MySpace CEO cautiously optimistic on 2009 | Industry Summits (flag)
www.reuters.com — NEW YORK (Reuters) - MySpace, the online social network owned by News Corp (NWSa.N: Quote , Profile , Research , Stock Buzz ), can grow advertising revenue in 2009, its chief executive said on Monday, even as the economic crisis erodes big media companies' bottom lines. "Our revenue and profits ...

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MySpace CEO: Cautiously Optimistic About 2009
paidContent — ... MySpace CEO Chris DeWolfe was speaking at the Reuters Media Summit (not open to other reporters, only internal Reuters reporters), and said he is cautiously optimistic about growing its ad revenues in 2009, something that of course he has to say officially. "We're up 18 percent year-over-year as of last quarter," he said and hopes to grow it next year, despite the economic crisis. He continues: ...

DeWolfe: 'Cautiously optimistic' about MySpace in recession
The Social — ... Chief Executive Chris DeWolfe said that he's "cautiously optimistic" about ad revenue for the News Corp.-owned social network in the face of a recession, Reuters reported Monday. ...

DeWolfe: 'Cautiously optimistic' about MySpace in recession
Webware.com — ... CEO Chris DeWolfe said that he's "cautiously optimistic" about ad revenues for the News Corp.-owned social network in the face of a recession, Reuters reported Monday. ...

DeWolfe: MySpace Hasn't "Seen Any Impact" From Financial Crises
Silicon Alley Insider — ... Today MySpace CEO Chris DeWolfe told a Reuters conference that following the worldwide financial crises, MySpace hasn't "really seen any impact, other than we think we could have grown even more than we have." ...

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Lori Drew, the woman who made a fake MySpace profile to torment teenager Megan Meier, which led to the latter's suicide, is currently on trial for fraud. This was the only way to prosecute Drew for her involvement in Meier's suicide — accusing her of fraudulently creating a MySpace account.  ...
Report: Lesser charges for 'MySpace suicide' mom — CNET News.com
A Los Angeles federal district court found Lori Drew, who used a MySpace profile to harass one of her daughter's classmates to the point of suicide, guilty--but not on counts as severe as the ones she was up for.