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(Newser) - MySpace was overtaken by Facebook for the first time last month and without some serious innovation, Rupert Murdoch's big buy may end up joining Friendster in the ranks of the also-rans, Dawn Chmielewski and David Sarno write in the Los Angeles Times. The world of social networking moves at an...

(Newser) - A makeover planned to begin Wednesday for MySpace is the latest sign of the continued struggle to make social networking the cash cow many thought it would be when News Corp. bought the site three years ago, the New York Times reports. MySpace's user base has grown from 16 million...