Senh: Makes sense. They gotta protect their backs.
When I heard that News Corp was selling Myspace, I was curious about the price, what with Facebook being valued at $50B (or $75B on SecondMarket) and Twitter at around $5-7B.
I’m surprised that News Corp’s trying to sell MySpace for a relatively cheap price of $100-200M. Most recently, they wanted $100M in stock from Zynga, makers of popular Facebook app Farmville. They were reportedly only willing to offer $50M cash.