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News Corp. 4th-quarter net loss hits $203 million on MySpace writedown

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
News Corp. 4th-quarter net loss hits $203 million on MySpace writedown Posted: Aug 6, 2009 12:57 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: News Corp. 4th-quarter net loss hits $203 million on MySpace writedown
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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News Corp 4Q loss hits $203M on MySpace writedown LOS ANGELES — News Corp said Wednesday it lost $203 million in the latest quarter due to a huge writedown at MySpace, but Rupert Murdoch said his global media conglomerate is seeing signs of life in moribund advertising markets. Results for the quarter to June 30 narrowly beat [...]

Read: News Corp. 4th-quarter net loss hits $203 million on MySpace writedown

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