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Gawker
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class war
MySpace Exec Gets $500K to Sit at Home While 300 Laid Off
MySpace today confirmed the rumors it will lay off 300 international staff, on top of 400 U.S. layoffs last week. The social network also shoved aside purported co-founder Tom Anderson, who has a new gig: NOT going to the office. More »
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By Ryan TateComment by markscottmusic: ...he's still very handsome and very rich. 7 Responses | Other threads
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exits
Friendship with Boss's Wife Can't Save MySpace CEO
Sucking up to the CEO's wife is usually a wise move. But did it doom MySpace chief Chris DeWolfe? More »
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By Owen ThomasComment by owenmeanie: I prefer to think of MySpace as the girl who I lost my virginity to - DAMN it was hot... more » | Other threads
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rumormonger
Is Chris DeWolfe on His Way Out at MySpace?
Bad days for MySpace CEO Chris DeWolfe: A tell-all book about the lowbrow social network's shady origins is hitting the shelves as a Wall Street analyst predicts layoffs. How long will he last? More »
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By Owen ThomasComment by Nick Denton: Why exactly is it such a scandal that the founders were involved in porn and spam? Where else were they... 1 Responses | Other threads
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Next Establishment
Once again, Vanity Fair leaves geeks at the kids' power table
Preeminent among the magazine world's kingmaking power lists is Vanity Fair's New Establishment, which appears in the October issue — on newsstands in L.A. and New York today, but not in the Bay Area for another six days. Silicon Valley gets similar short shrift: The names who make it there are predictable bigs like Steve Jobs and Larry Ellison, or Hollywood-crossover types like Jeff Skoll, eBay's first employee turned movie producer. Walt Mossberg, now employed by New Establishment perennial Rupert Murdoch, also squeaked in. The consolation prize Vanity Fair offers: Its "Next Establishment" list, reserved for the likes of Twitter's Ev Williams. It's a marvelous piece of New York media trickery — flatter the geeks by making them feel included, but corral them into a side room so the real power brokers aren't offended by comparison. True, the "Next Establishment" suggests that these are people who might matter in the future. But in saying that, Vanity Fair's editors are also sending the message that right here, right now, its "Next" nominees are nobodies. On this year's list: More »
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By Owen ThomasComment by Robleh: I doubt they would put Murdoch's wife on a list of nobodies. more » | Other threads
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jackpot
Chris De Wolfe's gain is Fox execs' loss
News Corp.'s online arm, Fox Interactive Media, has struggled to attract online talent while paying them like a startup would. (News Corp. shares just don't cut it.) The solution for the unit, which includes MySpace and a passel of lesser-known websites: a long-term incentive plan, or LTIP, which offers a sort of phantom equity to executives in the division. In the last few weeks, the numbers for the most recent fiscal year which ended June 30 were distributed, and they were "disastrously low," says a tipster. "Most executives were already looking to leave," he says. "They hated FIM and the only reason they were staying was because of promises made about the LTIP." True, FIM hasn't quite made its aggressively optimistic numbers. But executives believe the real reason their bonuses are so low is MySpace CEO Chris DeWolfe's fat contract. More »
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By Owen ThomasComment by Furious George: @transparency: It looks like one of those circa-mid-1990s knit sweatshirts, a.k.a., a drug rug. more » | Other threads
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great moments in customer service
No, we're not MySpace Tom, but here's our advice anyway
Dear Valleywag reader Hannah M.: It's true that sometimes Valleywag writes about News Corp.'s social network MySpace. This does not make us MySpace co-founder Tom Anderson, however. We apologize for any confusion. The Internet can be hard. We understand. By way of making up for this grievance, we've posted your email — addressing us as "MySpace Tom" — in hopes that Anderson will see it and take action. In the meantime, please also note that you should not email "Goob" at FacebookTalk.com for help with your Facebook account. He's isn't quite as nice as us when it comes to these kinds of mistakes. You are welcome a "bunnch."
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Comment by raincoaster: The sad thing is, there's really only one "S" in her last name. more » | Other threads
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earnings
News Corp.'s Chernin on Fox Interactive's $1 billion target: "Yes, we will fall short"
Fox Interactive Media, News Corp.'s Web division overseeing properties including MySpace, Photobucket and Rotten Tomatoes, saw its revenues drop in the second quarter to $210 million., from $233 million in the previous quarter. News Corp. president and COO told analysts today that the division would not meet its $1 billion revenue goal for its fiscal year, likely coming up $100 million short. He began the call: "Let me begining by saying yes, we will fall short of what were very aggressive projections." Insiders whisper that News Corp. CEO Rupert Murdoch set the numbers high to put pressure on MySpace CEO Chris DeWolfe. DeWolfe and MySpace friend-in-chief Tom Anderson signed a two-year, $30 million contract last fall to continue running the site. More » -
crime
Ex-MySpace boss Brad Greenspan possibly robbed by Hollywood Hills cat burglar
The Hollywood Hills home of MySpace quasi-cofounder and acquisitive LiveUniverse CEO Brad Greenspan was broken into over the weekend, and authorities think it could be the work of a cat burglar who has preyed on the wealthy, including the likes of Charlize Theron and Faith Hill, and their hillside hideaways. Looks like everybody's MySpace friend, Tom Anderson, made the right move by choosing Santa Monica.
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By Jackson WestComment by Astos: Forget stealing plasma tv's, ipods and other electronics. This burglar could make a mint stealing the underwear of stars and... more » | Other threads
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Comment by MrMedia: I missed the interview. Did she ask them how they made a business on $0.01 CPMs? more » | Other threads
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confirmed
Newsweek confirms the earlier reports that MySpace founder Tom Anderson is lying about his age ... on MySpace. He'll turn 37 in two weeks, not the 33 that his profile suggests. Newsweek quotes one MySpace user: "Tom was my first friend. It's kind of messed up that he lied to me." Wait until someone tells him about all those "girls" who added him as a friend. [Newsweek] -
social networks
Is Tom Anderson lying about his age on MySpace?
Is MySpace mascot Tom Anderson, the default friend added to everyone's profile on the social network, 32 years old, as his profile says? Or is he older — 36 or 37? TechCrunch's Michael Arrington says he's heard Anderson is actually 36 or 37. Which would hardly make Anderson the first person to lie about his age on MySpace, if true. Still, this rumor is doubly painful for MySpace and News Corp. First, it reminds people that his true age is just the least of the mysteries surrounding Anderson. And second, it points out MySpace's fatal flaw as a business. Unlike Facebook, which forces users to tie their online identities to real-life groups like colleges or workplaces, there's no reason for users — or advertisers — to trust anything in a MySpace profile.
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By Owen ThomasComment by cowsandmilk: Owen says: "Which would hardly make Anderson the first person to lie about his age on MySpace" I think it could... 1 Responses | Other threads
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jackpot
MySpace boys are paid more than almost anyone at News Corp.
The deal that MySpace founders Chris DeWolfe and Tom Anderson got from Rupert Murdoch will pay them more than every exec at News Corp. except Roger Ailes, the head of Fox News. Nikki Finke notes that their pay package is particulary impressive because News Corp. is stingy with executive compensation. The pair are rumored to receive $15 million spread over two years — plus equity in MySpace China. -
breaking
MySpace CEO renews contract for two years
WEB 2.0 SUMMIT — "I'm happy to say I'll have a job for the next two years," says Chris DeWolfe, CEO of MySpace, on stage with conference organizer John Battelle and his boss, News Corp. CEO Rupert Murdoch, confirming widespread rumors that he and MySpace cohort Tom Anderson had renewed their contract to run the social network for another two years. "I had to go from the nickel-and-dime newspaper culture, to the magazine culture ... to Hollywood and the Internet culture," says Murdoch, nodding to the reported — but unconfirmed — figure that DeWolfe and Anderson would make: $30 million over two years. More live coverage, after the jump. More » -
myspace
A new deal for MySpace execs Chris DeWolfe and Tom Anderson is worth $30 million over two years, says Silicon Alley Insider's Peter Kafka, confirming our earlier report. That's almost enough to buy a new jet. Or 0.2 percent of Facebook. [Silicon Alley Insider] -
deals
MySpace pair get $50 million for losing ground to Facebook
A News Corp. source is confirming that MySpace honchos Tom Anderson and Chris DeWolfe — the site's founders in name, if not in fact — have signed new contracts. How much did it take to keep the pair from bolting MySpace, even as it keeps losing ground to rival social network Facebook? It's been reported the pair demanded two-year deals worth $50 million each, but word is they got about half that. Even then, are they worth it? Here's a graph that will keep News Corp. investors awake at night. More »
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Comment by Rock tha Hizzee: First rule of acquisition club? Get rid of the founders! [techmerkin.wordpress.com] more » | Other threads
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earnings
Fox Interactive Media missed its internal revenue targets for July and August. So, unless they have an extraordinary September, FIM will miss for the quarter. Perhaps the Google/Myspace ad deal isn't working out as well as Tom had hoped. [Silicon Alley Insider] -
myspace
Chris DeWolfe's misplaced affection
MySpace co-founder Chris DeWolfe may not be your friend (that's the other co-founder, Tom Anderson), but he does hold a few powerful people near-and-dear. Including, Portfolio reports, Wendi Deng, the wife of News Corp. owner Rupert Murdoch. Portfolio surmises that DeWolfe's friendship with Deng might help convince her husband to meet DeWolfe and Anderson's $50M compensation demand to stick around for another year. We think that DeWolfe has the wrong target in mind. While it might be easier for him to spend time with Deng — they're both on the board of MySpace China — we think he should be buttering up News Corp heir apparent Peter Chernin, who recent fillings revealed to be the highest paid person at News Corp. -
online video
Michael Eisner, the Web 2.0 guru
Michael Eisner, the former Disney CEO, is turning into a Web 2.0 demigod, claims BusinessWeek. Except it fails to prove any kind of new-media apotheosis whatsoever. Beyond a few cursory details about Eisner's portfolio of invesments — kid-friendly, just like Disney! — the majority of the piece details his interest in a potential acquisition of Topps, the trading-cards company. Somehow, in the perfervid imaginations of BusinessWeek editors, the right to print Star Wars and Teenage Mutant Ninja Turtles trading cards and stickers transforms into "fodder for online shows." But never mind that. More » -
steve jobs
Blender gets it wrong
Glossy music magazine Blender has named Apple CEO Steve Jobs to the top of the Powergeek 25, its list of the top 25 people who influence online music. We don't object to the content of the list, but we do object to the title. His Steveness is no geek! And neither are flashy MySpace founders Chris DeWolfe and Tom Anderson nor suave Youtubers Chad Hurley and Steve Chen. The only recognizable geek on there is Bram Cohen of BitTorrent, at number 19. The rest are either techies, hipsters, or businesspeople. Someone at Blender should read up on their definitions.
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Comment by Megan McCarthy: @yinst: It's actually "nit picking," not "neat picking." ... I've just earned another point, haven't I? more » | Other threads
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tom anderson
Tom is not your friend
The mythos of Tom (the poster-boy and co-founder of MySpace) confuses some users, who have no idea why this guy is their one automatic friend. So the site developers put this message on the "report inappropriate content" page (which I found when I was reporting people for not being hot enough). It's a cute reminder that MySpace users need more explanatory labels than an Alzheimer's patient learning Japanese. More » -
john c. dvorak
Loose Wires: How about Kevin Mitnick for president?
- Tech reporter John C. Dvorak says hacker Kevin Mitnick should become chairman of Hewlett-Packard. Har har. That's the tech equivalent of "Christopher Walken for President." [Dvorak Uncensored]
- Speaking of HP, news site ZDNet compiled a nifty FAQ for the records-snooping scandal that answers "How did all of this come to light?" and "Could my employer do this to me?" [ZDNet]
- The Associated Press runs an equally nifty timeline, which cleared up some dates we got wrong. (For example, the AP notes that investigators got Tom Perkins's records around early February.) [Forbes]
- Tom Anderson, known for loving Asian ladies, wasn't just a Friendster member before he co-founded MySpace. The white boy also made a profile at social site Asian Avenue. [Asian Avenue]
- Now that iTunes automatically finds album covers for users' music, Flickr user David Parmet is collecting all the albums it gets wrong. [Flickr]
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By Nick DouglasComment by Washington DC Photographer: I still have my Newsweek cover with Mitnik on it all young in his red shirt and all. Way to... more » | Other threads
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myspace
MySpace: The Business of Spam 2.0 (Exhaustive Edition)
Does Trent Lapinski's exposé about MySpace (digest version here) read like a conspiracy theory? Sure. Does our boss think it's over-outraged? Sure, but you can't trust him, he believes in the lone gunman and a real moon landing. Buy the anger or not, this guest feature story is a great read for those of us who are goddamn sick of Tom, Tom, Tom. More »
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By Nick DouglasComment by applextrent: Actually, I am a Mac user and I use Gmail so I don't have to worry about spam. Also I... 1 Responses | Other threads
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tom anderson
Heeeeere's Tommy! Mister MySpace goes public
As of Monday afternoon, MySpace co-founder and poster boy Tom Anderson's previously secret profile is public. Sadly, this looks less like a juicy fluke (caused by this weekend's MySpace blackout) and more like an intended switch, because all of Tom's exciting pics and blog entries are hidden from view. At least now we can all see comments from his friends, including possible girlfriend Tiffany Chao. We can also see that Tom doesn't want kids — so that means the little man-slut is packing Trojans. More » -
tom anderson
MySpace Tom's porno past
Multiple anonymous sources have reported that MySpace's co-founder and poster boy Tom Anderson ran a porn site on the side of his day job. He was fired, says one source, when the company caught him running his site while on the clock. More » -
myspace
MySpace's new age restrictions made simple
MySpace bowed to critics yesterday and stepped up earlier minor-protection efforts. The social site announced new restrictions that take effect on its site next week. These restrictions (collectively called "no such thing as a free speech") sound confusing, but they're really quite simple: More » -
tom anderson
Don't fuck with MySpace Tom — literally
If earlier reports are true, that Tom Anderson sure loves the ladies. But the co-founder and public face of MySpace doesn't always impress, according to an acquaintance. More » -
myspace
Secret photos of MySpace Tom revealed!
Here's a gallery of hot Asian girls — oh, and MySpace Tom (the one who's not your friend). Save your judicial inquiries — tipster Justin D. Alexander is proud to say he found these. Justin was surfing around and broke into Tom's secret MySpace profile. Since then, it's been secured, but Justin recovered these photos of Tom's: More » -
tom anderson
Myspace Tom's real friends: Secret comments list leaked
Sure, Tom is your friend. The Myspace founder is everyone's friend — but only in the meaningless way that Kate Moss is your friend until the blow runs out. Tom Anderson keeps his real friends on a private profile under the name "Tom-Tom." Forgive the boy for the asinine nickname; his friends love him to pieces, according to this accidentally public comment list found by Justin D. Alexander. More »
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By Nick DouglasComment by ResearchZilla: no, the real secret is that the site is so slow and the messaging system so poorly designed that tom... more » | Other threads
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tom anderson
MySpace Tom orders half-price ass-by-air, said random Asian girl
Hoo boy. Maybe it's an authentic MySpace Tom story, but something this over-the-top could just be one girl's idea of a star-fucking story. Tom's a widely reported Asian fetishist and a bit of a perv, sure — but flying girls to LA for some action? Is Tom that Hollywood? More »
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By Nick DouglasComment by Jonathan Grubb: Well, she's only half Asian, so paying half the airfare seems about right. more » | Other threads
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myspace
Spammers and ex-cons, not Tom, made MySpace, says journalism student
Far from the innovative leader the media treats them as, Tom Anderson and Chris DeWolfe were just "cabin boys" for MySpace, says blogger Trent Lapinski. The 19-year-old journalism student blows open the scandalous story behind MySpace — the story every major paper missed. The makers of MySpace included an ex-con and a whole family of insider traders. More » -
tom anderson
Tomgirl Tiffany Chao
How do you break the 12-photo rule and get 51 snaps on MySpace? Step 1: Date Tom Anderson. More » -
tom anderson
MySpace Tom on Yahoo 360: Too good to be true
It can't be real — for one, Tom can spell — but the Tom Anderson Yahoo 360 page (headline: "im really glad no one can all the scandalous adult groups i belong too !") sure is cute. And yes, the MySpace founder's friend list is packed with a full Asian chick collection (Tom just needs Pikachu to get a full set). A reader found the profile when "Tom" asked her out. She and her boyfriend think it may be real. But even Tom would be a bit more discreet. More » -
tom anderson
MySpace Tom hooks up on his own site
Famed Asian girl collector MySpace Tom (that's Tom Anderson to your old man) keeps his friends close and his women closer. A reader spills: More »
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By ndouglasComment by Ron Jeremy: The private profile. The profile setting of choice for 14 year old girls. And Tom. No need to make the... more » | Other threads
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tom anderson
Tom and the hot Asian chicks
Still hunting for the secret Asian-girl-collection MySpace profile (gotta catch 'em all!) of founder Tom Anderson. But a reader went to Tom's party in Miami (pictured). Sez he: More » -
tom anderson
Did MySpace's Tom Anderson do Asian porn?
This morning's best unsubstantiated (and uncorroborated on the Internets) rumor: MySpace founder Tom Anderson started in porn, says a reader: More » -
myspace
Puppet Tom: an IMterview with the next MySpace star
Hey, MySpacers! It's Puppet Tom, the dummy who's everyone's buddy! And in his first vlog post, he's giving Friendster founder Jon Abrams (poor guy can't get a break today) a beatdown. More » -
newsweek
"Putting the 'We' in Web": Newsweek doesn't get it!
Flickr's Stewart Butterfield and Caterina Fake, king and queen of the digital photo, take Polaroids. Caterina: "What is this primitive paper-making box you handed me?" More »
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