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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: CORRECTED: MySpace might replace co-founder DeWolfe: reports Reuters - Thursday, April 23 Corrects third paragraph to show that former Facebook executive's name is Owen Van Natta, not Don Van Natta ADVERTISEMENT NEW YORK - Rupert Murdoch's News Corp may be courting a former top executive at social network Facebook to replace the chief executive and co-founder of its top rival MySpace, All Things Digital, a media and technology website, reported on Wednesday. News Corp's recently appointed digital chief, Jonathan Miller, had been considering getting rid of MySpace CEO Chris DeWolfe, Peter Kafka reported on Wednesday afternoon on his Media Memo blog, which is part of All Things Digital. News Corp officials have been gauging former Facebook Chief Operating Officer Owen Van Natta's interest in replacing him, Kafka reported. The Wall Street Journal reported that News Corp's Miller is considering replacing DeWolfe and the company's other co-founder, Tom Anderson. Their contracts expire this fall. The possibility of DeWolfe's departure was first reported by Michael Arrington on his TechCrunch blog on Tuesday. DeWolfe did not return an emailed message seeking comment and a MySpace spokeswoman declined to comment. Van Natta did not return a telephone call seeking comment. News Corp officials declined to comment. News Corp has been trying to freshen MySpace -- once viewed as evidence of News Corp Chief Executive Rupert Murdoch's willingness to embrace the Internet generation after a life in newspapers -- as its revenue growth has slowed and Facebook grows ever more popular. Facebook is trying to catch up to MySpace in the United States, where it has 54.5 million monthly unique visitors versus 76 million for MySpace, according to figures released by Comscore in March. Facebook's growth rate outstripped MySpace at the time. It already has surpassed MySpace in worldwide users. Earlier this year, MySpace lost three executives including former chief operating officer Amit Kapur after they resigned to begin a startup company. MySpace also has a $900 million search-advertising deal with Google that expires in June 2010. Several financial analysts have said that there is little chance that Google would continue its relationship with MySpace. News Corp shares rose 2 cents to close at $7.78 on the Nasdaq stock market. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: Internet Portals & Search Engines Cyber crooks hot on heels of computer users: ChambersAFP - 2 hours 20 minutes ago Apple under fire over iPhone 'Baby Shaker'AFP - 2 hours 45 minutes ago US cyberspace head says security needs team effortAFP - Thursday, April 23 CORRECTED: MySpace might replace co-founder DeWolfe: reportsReuters - Thursday, April 23 Related Articles: Technology Cyber crooks hot on heels of computer users: ChambersAFP - 2 hours 20 minutes ago Apple under fire over iPhone 'Baby Shaker'AFP - 2 hours 45 minutes ago US-TECH SummaryReuters - Thursday, April 23 "Marley & Me" top dog in video salesReuters - Thursday, April 23 Echelon, T-Mobile USA form smart meter allianceReuters - Thursday, April 23 Related Full Coverage Internet Portals & Search Engines Latest development in the online world All Full Coverage Most Popular – Technology Viewed IMF sees deeper 2009 decline, weak 2010 Robust profits mask problems in bank sector Charred meat linked to pancreatic cancer risk Fertility doctor on brink of cloning human: report 'Silent' heart attacks go unnoticed: study View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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CORRECTED: MySpace might replace co-founder DeWolfe: reports
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