MySpace co-founder quits

MySpace co-founder Chris DeWolfe will step down soon as the social networking site’s chief executive.

MySpace co-founder Chris DeWolfe will step down soon as the social networking site’s chief executive.

MySpace owner News Corp said the decision was made by mutual agreement with Jonathan Miller, News Corp’s recently appointed chief digital officer.

Co-founder Tom Anderson, who is every account holder’s first friend on the site, is also in talks about taking a new role, News Corp said.

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