MySpace losing senior executives including Amit Kapur
Social networking service MySpace is losing some senior executives.
The COO of of MySpace, Amit Kapur is one of them who is leaving the company to join an undisclosed startup.
Senior Vice President of Engineering Jim Benedetto and Senior vice President of Product Strategy Steve Pearman are also [...]

MySpace launches its own developer platform to challenge Facebook
MySpace is already the web’s most popular social networking service. However, the growing competition from rivals like Facebook meant that they have to continue to innovate.
The company has now announced their own developer platform which would enable third party developers to code applications for the service.
MySpace [...]