Ars Technica's Anders Bylund does some guesstimating about the total losses incurred by Newscorp in their purchase of MySpace, coming up with a figure of at least $1B, including operating losses since the acquisition.
So all things considered, MySpace has cost Murdoch's empire something like $1.3 billion. Even if my assumptions are way off, the final cost can't be less than $1 billion. That fiasco isn't putting Murdoch out of business: News Corp turned a $2.9 billion dollar profit in the last four quarters and generated $2.2 billion in free cash flow, for example. But it still stings as Murdoch's dreams of an end-to-end interactive media empire falls apart. And his shareholders have been trailing the broader market as well as rivals Viacom and Disney over those five painful years.
Google’s recently announced new redesign of desktop search results would have made ads pretty much look exactly like search results. Google is now backtracking, listening to the criticism, and trying a different visual approach.
Boxed wines have come a long way since their admittedly subpar debut, and it’s now possible to grab a box of wine that delivers a surprising amount of flavor and body for a price that won’t break the bank. This Boxxle Premium Wine Dispenser makes it even easier to enjoy your favorite bag-in-box wine by […]
If you’re interested in either beginning or furthering a career in graphic design, you need to have a thorough understanding of Adobe’s famed editing and illustration tools, and these bundles will get you to where you need to be for a fraction of what you’d pay for an in-class education. 1. The Essential Adobe Photoshop […]
Laptops are great when it comes to getting work done on the move, but sometimes you need a better and more responsive keyboard in order to get your work done away from your desktop. Here are six top-rated Bluetooth keyboards that will help you power through your tasks both at the office or while you’re […]