A look at what’s been going on at the giant electronics show that is CES »  Panasonic flirts with irrelevance with MySpace TV partnership: How about that, Myspace! You guys remember them, right? (CNET) »  @ CES: *Microsoft* mails in last keynote appearance, wasting everyone’s time: If Microsoft’s idea of…

Barely two months after slowly exiting Myspace as its last CEO under News Corp. (NSDQ: NWS), Mike Jones is debuting his new company, Science Inc., which is, in parts, a hybrid venture capital firm, technology studio and consultancy. And in some important ways, Jones tells paidContent, the Los Angeles-based venture,…

Some of the stories people are talking about this morning:»  Facebook Pushes Back Against ‘Super-Cookie’ Charges (paidContent) »  Is Apple (NSDQ: AAPL) Really Shaking In Its Shoes About Samsung’s Android Galaxy Tab? (paidContent) »  Nokia (NYSE: NOK) Cutting Another 3,500 Jobs, This Time (NYSE: TWX) in Manufacturing (AllThingsD) »  Patch…

News Corp lost $254 million on MySpace, the company said as it reported revenue that beat analysts’ expectations. The loss pushed News Corp.‘s Q4 net income down 22 percent to $683 million.

A famed spammer’s long career in the business looks like it’s coming to a close, and could end with a prison sentence. Sanford Wallace—long ago dubbed “Spamford” Wallace—has been the bane of social networks like Facebook and MySpace for years, but last week he turned himself in to the FBI.…

The phone-hacking and police bribery scandal swirling around News Corporation (NSDQ: NWS) has revived long-simmering questions about Rupert Murdoch’s leadership of the U.S.-based conglomerate. To his critics, Murdoch is guilty of rampant nepotism, mismanagement, and even breach of fiduciary duty, as an ongoing shareholder lawsuit claims.

Even before serious talk began that MySpace (NSDQ: NWS) was in play , Specific Media co-founder and CEO Tim Vanderhook was looking for an acquisition that would transform the company from an online ad network to a media company. “A year ago, me and my brother [Specific Media co-founder, COO]…

He may not have realized it at time of writing, but Justin Timberlake foretold the MySpace (NSDQ: NWS) story through his music—long before acquiring a stake in the social network as part of Specific Media’s rescue attempt. Here is some office listening material for the remaining MySpace employees to brush…

Some of the stories people are talking about this morning:»  Specific Media Buys MySpace (NSDQ: NWS) for $35 Million; Justin Timberlake Gets A Stake (paidContent) »  Howard Stern Was Paid $600 Million By Sirius—And Still Wants A Raise (paidContent) »  Scripps Networks Interactive (NYSE: SNI) announces $1 billion share repurchase…

Maybe the second time’s a charm? MySpace (NSDQ: NWS) has been bought by ad network Specific Media with Justin Timberlake as an owner and a role in developing creative direction and strategy. On this second sale, the price tag was $35 million—only a few hundred million short of the $580…

Online ad firm Specific Media has agreed to take MySpace off News Corp.‘s hands for between $35 and $40 million, according to AllThingsD and the WSJ. News Corp., which was seeking about $100 million for MySpace, will retain a minority stake in the social net. MySpace has officially confirmed the…

Several parties are still negotiating to buy all or part of MySpace (NSDQ: NWS), building to a possible conclusion before News Corp.‘s fiscal quarter closes at the end of the week. At the same time, MySpace is slashing costs with yet another major staff cut: paidContent has learned that likely…

Is the MySpace sale saga nearing a close? News Corp (NSDQ: NWS). may finally be near the end of the painful process of finding a resolution for an acquisition that turned from triumph to unprofitable distraction. Earlier this week it seemed a spin-off partnership might be most likely. Now Kara…

In case you missed it, links to some of the top stories in digital media this past week: »  By The Numbers: An Online Snapshot Of Bin Laden’s Demise »  Netflix CEO: Still Not Trying To Be An Internet MSO. Really. »  Internet Traffic Was Down By A Tenth On…

Despite its running costs having been cut in a recent restructure, ongoing falling advertising and search income at MySpace (NSDQ: NWS) was the primary reason for Q3 losses in News Corp.‘s Other segment growing by a tenth from last year, to $165 million.

The music videos service Vevo is not in discussion about an alliance with for-sale MySpace (NSDQ: NWS), as recent reports suggested, its CEO Rio Caraeff tells paidContent.

Some of the stories people are talking about this morning:»  Arianna Huffington has some things to say about that class action lawsuit over unpaid blogging. (HuffPo; read paidContent’s coverage of the suit here) »  Warner Music Group Corp. (NYSE: WMG) has decided to pursue a sale of the whole company,…

Despite the uncertainty emanating from News Corp (NSDQ: NWS). about whether to sell or keep Myspace in recent months, the entertainment-focused social network is trying to keep things focused on improving the way its sells branded ad units on the site and becoming a more appealing internet publisher for creative…

TheDaily and MySpace (NSDQ: NWS) may get all the attention in News Corp.‘s digital division, but keep an eye on the company’s growing interest in social gaming. To wit: The Los Angeles Times reported Friday that the company acquired Making Fun, though the actual purchase occurred last November.