When media tycoon Rupert Murdoch surveys his empire, something looks amiss. His Internet crown jewel, MySpace, boasts 110 million users—more than double the tally for archrival Facebook. Yet Facebook is on the verge of taking a chunk of cash that could give it a value of $15 billion, while shares of Murdoch's News Corp. (NWS) family of businesses have barely budged this year, despite rapid online growth.
MySpace to Open Up, Too
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