News at MySpace!!! And BskyB...

Bought for $580m, sold for $35m: Murdoch cuts his MySpace losses
By Stephen Foley in New York
Rupert Murdoch's six-year stewardship of the social-networking pioneer MySpace reached its ignominious end last night as the media mogul sold the company for less than one-tenth of the price he paid for it.
Read the Independent article here.

Justin Timberlake buys his own social network with Myspace investment
Singer turned actor Justin Timberlake takes a stake in $35m purchase of Myspace from News Corp
Read the Guardian article here.

Meanwhile, Murdoch has also been busy on the BskyB front.
Rupert Murdoch BSkyB takeover gets government go-ahead
Read the bbc online report here.
(And watch the video: Jeremy Hunt says the deal ensures Sky News will be 'more independent')

Onwards and Upwards

AS and A2 exams done! AS students back to start their A2 course...
Great stuff!
Best wishes to everyone!