Myspace Rearranges Furniture, Slaps On Fresh Coat of Paint

Myspace announced a site redesign Wednesday as it attempts to cement its position as an entertainment niche in social networking and stem the flow of users to the exit door. The News Corp. unit is seeking to become the online destination for "social entertainment" -- a place where Gen Y'rs can share music and videos, as well as share likes and dislikes with fellow fans.

Source: http://www.technewsworld.com/rsstory/71123.html

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