03/18/2010 05:12 am ET Updated May 25, 2011

News Corp: MySpace Risks $900 Million Google Deal

The takeaway: The site [MySpace] is losing traffic and money and no longer expects to get all of the $900 million it once counted on from a Google search deal. Also, the company really doesn't know what to expect of the property going forward, except that it's a work in progress.

Read more on AllThingsD