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Half of Myspace's employee base is gone after the social network is sold from News Corp. to Specific Media.

Social network is preparing to launch something great according to its CEO, Mark Zuckerberg.

American media has largely forgotten Khaled Said's face in its retelling of the Arab Spring narrative.But Said's face-- pictures of it before and after it was bashed in by Egyptian police-- spurred on the revolution that toppled President Hosni Mubarak.

Google Inc stopped inviting users to join its new social network less than 48 hours after beginning a limited rollout of the service.

Google's overwhelmed by the demand of its invitations for Google+ but the company may be making a mistake in doing a controlled release in the first place.

Here's what likely happens next with Google's field trial of its Google+ social media program.

Alexandria's Criminal court postponed a verdict in the murder trial of Egypt's revolutionary icon, Khaled Said, today.

Belarusian courts sentenced on Thursday 30 protesters detained the previous night at rallies against President Alexander Lukashenko held across the country, human rights activists said.

Facebook, the world's biggest social networking website, is set to launch a new feature next week, possibly in the mobile or tablet arena, its CEO said.

China quickly blocked Google's newest offering Google+, a service that promises a better social networking experience than Facebook's. The Google+ service was not available to Chinese users, New York's Daily News said, citing sources.

LivingSocial, the second largest daily deals company, is meeting with bankers this week to discuss an initial public stock offering expected to value the company at $10 billion to $15 billion.

There are conflicting reports about iPhone 5’s release date. However, a whole lot of possible iPhone 5 features have been revealed through several sources, image leaks and estimates by analysts and industry experts. Following is detailed look at what your spanking new iPhone 5 will look and feel like when it hits shelves in September, as some experts say, or sometime in 2012:

News Corp made the right move selling MySpace, the social media site. Some say MySpace had become 'sleazy.'

The first day rush to join Google+ was described insane by Google. We've shut down invite mechanism for the night. Insane demand, Google's head of social Vic Gundotra announced on the service. Was it just the curiosity? Maybe not. Google's timing for introducing a fresh experience in online social networking is impeccable.

The new version will also offer seven new skins for customization.

Rupert Murdoch's News Corp. (NASDAQ:NWS) sold Myspace to ad network Specific Media for $35 million, a far cry from its 2007 valuation of $12 billion, and the $100 million News Corp was expecting from the sale.

China apparently lost no time denying its people access to yet another western social networking service. Hours after search giant Google unveiled ambitious social networking service Google+, the Chinese government got the service blocked in the country, according to media reports.

News Corp. sold its social-networking website Myspace to Specific Media, an online advertising firm, for around $35 million, which was just 6 percent of $580m it paid for the then biggest name in social media in 2005.

Embattled social networking site MySpace has been sold by its owner News Corp. to digital media company Specific Media for a rumored $35 million, a deal that clinches the position of Facebook as the lord, king and master of social networking world.

Search giant Google has come up with mobile Google Sites to enable businesses to enter the mobile space.

The most attractive feature about the phone is a blue Facebook button at the bottom.

With the growing market of smartphones, Google has shifted its focus towards mobile web apps.

The reigning social network king Facebook will have another reason to keep Google in their sights. The online search giant has introduced its latest attempt to step back into the social network scene with Google+.

Newsweek Editor-in-chief Tina Brown's retaliation to the controversial 'Diana at 50' cover has raised the question if Newsweek is basking in the bad publicity.

News Corp bought MySpace just six years ago for $580 million. Now, it's selling it to Specific Media for just $35 million at a loss of $545 million, 94 percent.

Google has some advantages with Google+ over Facebook such as privacy, exclusivity and integration.

News Corp has sold MySpace to Specific Media for $35 million, according to AllThingsD. Just six years ago, it paid $580 million. That's a colossal loss both in percentage terms (-94 percent) and dollar terms (-$545 million).

Critics share their views on Google's latest social network. Some see a promising future, some are skeptical.

The man who brought sexy back is the man behind the latest attempt at a Myspace revival.