After months in search of a buyer, Myspace has finally been acquired. In an email to employees late Wednesday morning, CEO Mike Jones broke the news to employees in an email late Wednesday morning, according to TechCrunch.
Specific Media will acquire the fledgling social network turned social entertainment site for $35 million according toAll Things D.
“Today, we are announcing that Myspace will be acquired by Specific Media, one of the world’s leading online media and advertising platforms,” Jones wrote in the email addressed to Myspacers. “Over the next few days you will be hearing from the team at Specific, including their CEO, Tim Vanderhook, regarding their exciting plans for Myspace and how it fits in with the overall vision of their company.”
Jones indicated in the email that a significant reduction in staff was imminent, adding that he would be stepping down as CEO of Myspace after assisting with the transition to Specific Media over the next two months.
It’s been two weeks since I last walked out of the Live Earth offices and the “so what’re ya gonna do nows?” just aren’t getting old yet.
The idea of perfection or an ideal future/job/family is loaded with false hope and bound to disappoint, not unlike San Francisco in the summertime.
Is that a depressing thing to say? (Remember, I got my Master’s in skepticism at USC). Au contrair. I’ll never know exactly what I want for the foreseeable future. Or at least I’d never admit to it. I like to allow for a little free flow, leave room for spontaneity, live day-to-day to the max and give a bit up to chance. (Was also an English major). It only gets better.
Call me a pretentious music snob (and you’d be right) but I’m too existentialist to even list Top 5’s because, well, at any given time or place that list would be different.
OK, here’s the latest:
Gulf Coast Benefit – on August 25th near you. I’m helping to organize west coast and promote.
Social Media Week LA – September 20-24th across LA (and 5 other cities in the world). On the advisory board to make sure this is amazing.
Two other opportunities that I will refrain from mentioning until I take the first steps toward beautifying their respective web presences, etc. (sorry no jinxies).
Am I getting paid? Not enough. Still looking? Yes. Happy? Hell yes. Staying in LA? I’ll go anywhere in the world for the right gig.
Hoping to set aside time to pimp out the resume and LinkedIn profile in the next day or two.
While the possibilities are endless as ever, a hunger for new challenges is met with a thirst for adventure. All good things.
I do appreciate everybody’s positivity, support, forwarding of job openings, and connecting of me to funded friends with promising start-ups.
CNN.com has an excellent photoessay documenting the experiences of the survivors and of some of the 11 killed in the April 20th explosion of the Deepwater Horizon oil rig, which spawned the greatest environmental disaster in U.S. history. Sixty days later, oil continues gushing from the ultra-deep well up to 6 miles beneath the surface of the Gulf of Mexico.
But what about the human toll? It’s not just the eleven lives lost in the tragedy and the many suffering as a result.
A huge portion of the Gulf Coast population is in some way connected to the oil industry as a way of life beyond the 20 percent working in the energy industry and those in the oyster and fishing industry affected by the spill. President Obama has called for an end to offshore oil exploration. But what are the alternatives? Many more jobs will be lost as a result of this disaster and the policies that result from it. It’s important that those distressed as a result receive adequate compensation. But it’s equally important that new jobs are created and that a culture that is very much rooted in the offshore oil industry is given the appropriate tools to transition into new ways of life. Where is the funding for clean energy plants and new, green construction in the Gulf? Where is the incentive for companies to establish themselves in the Gulf and commit to new projects that will lead to such employment?
As my dear friend Sloane reminded me yesterday: If you really want to know how the population is affected by the disaster, watch the localnews.