In an official statement today, MySpace CEO Mike Jones confirmed that about 500 employees will be cut globally. “With our recent relaunch as an entertainment destination for Gen Y, we. Continue reading

Over the weekend rapper 50 Cent tweeted repeatedly about HNHI, a distributor of headphones that trades on the penny stock exchange. On Monday, HNHI's stock finished up an impressive 240%. . Continue reading

Tim Ferriss, the author of the #1 New York Times bestsellers The 4-Hour Workweek and the new The 4-Hour Body shares his 4 Social Media Marketing Predictions for 2011: 1.. Continue reading

"Ping seems nakedly focused on directing us to buy things on iTunes. Every posting links to a purchase opportunity: So-and-so liked this song—want to buy it? This reverses social networks’. Continue reading

MySpace is considering massive layoffs that could cut as much as 50% of the struggling social network's 1100 person workforce according to a several sources. Parent company News Corp has. Continue reading

It's holiday tradition for Hypebot to host an online networking party. We started this one just before Christmas and our great community kept it going throughout the holiday break. They've introduced themselves,. Continue reading

50% of social-media campaigns will fail. That prediction comes from Gartner. From the perspective of interactive marketer Adam Kmiec, "Social media has become a self-propelled hype factory." Every day another. Continue reading

Inside a Facebook study of 1 million status updates from U.S. English speaking users, are indications that when you post may matter if you want to have the maximum impact. . Continue reading

The theory that Twitter can help sell music suffered a body blow recently when Soulja Boy's 2.5 million Twitter followers bought just 13,000 copies of his new album in it's. Continue reading