HardOCP News
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MySpace has launched a new version of the site in an attempt to get people to come back / use the site again.
"Most investors have written off MySpace now," said Richard Greenfield, an analyst at BTIG said on Tuesday. Whether MySpace can rebuild its buzz in the highly competitive and fast-changing Web market is an open question, he said. News Corp bought MySpace in 2005 for $580 million, at a time when the social networking service was at the height of its popularity.