This is written like an advertisement. Not trying to knock them, just thought it was worth mentioning that News Corp owns both WSJ and MySpace. Smells like a (mildly informative) advert.
Apparently News Corp no longer owns MySpace. From near the top of the article:
"It’s been nearly a decade since News Corp acquired the company for $580 million and roughly three and a half years since the media company sold the fading property for $35 million to the Internet ad company Specific Media."
I'm pretty certain the article goes on to say that it was sold from News Corp 3 years ago to another advertising company. So News Corp hasn't owned it for a while.
sometimes I like to imagine what I think would have lead reporters/journalists to investigate what they do. For this one I imagine the reporter was like walking around the offices trying not to make it look like she's worried about the deadline she she needs to have another article in before. At some point she realizes the parent company also owns myspace, does some small amount of research and just writes this in one night and turns it in. Kinda like what a lot of people do with their essays in school.