Kat Clark, 16, started her MySpace.com page because many of her friends had one. Then, in January 2005, she created a MySpace group called Racine High Schools. "It's just a group you can join if you ...

Back in 2005, Rupert Murdoch’s News Corporation made a big play to enter the social media business with its $580M acquisition of Myspace. It is now about to close the book on this chapter of its ...