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MySpace Debuts Music Video Channel, PS3 Beats Wii and Xbox Sales

by Warren Riddle on October 22, 2009 at 11:09 AM

This morning's other big tech headlines....
  • It's been incredibly easy, and trendy, for the social networking crowd to kick a languishing MySpace while it's down, but the 'Space ain't going to take it anymore. As Facebook and Twitter continue to explode in popularity, the site is seeking to reinvigorate itself. Today, MySpace debuted a music video channel (think Hulu for tunes), proving that if the one-time social networking leader is going down, it's definitely going down swinging. [From: Mashable]
  • During the summer, Sony's PlayStation 3 dropped to third place in console sales -- behind the Xbox 360 and the Wii. In a dramatic September sales reversal, though, the PS3 has jumped to the top spot. The move shouldn't come as too big of a surprise, since Sony did significantly reduce the price tag just in time for holiday shopping. [From: Business Insider]
  • If you're sick of playing those dinky Facebook games, or have never even felt the desire to accept one of those mundane invites to play them, hold your horses. One of the most expansive and popular game franchises of the last 20 years will soon be joining the social networking bonanza. Sid Meier's 'Civilization' will reportedly be reincarnated as the 'Civilization Network' and will debut on Facebook sometime in 2010, ensuring that millions of people will get even less done during the day. [From: Mashable]
  • Although eBay's revenue rose for the first time in three years during the third quarter, it wasn't enough to save the company from posting a 29-percent decrease in profit over the past year. Revenue and membership for eBay's $1.5 billion baby PayPal continue to increase, though, as the payment system becomes accepted by more and more major retailers. [From: The Wall Street Journal]

Tags: morningxtra, top

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