Innovation Weekly: Verizon iPhone versus AT&T iPhone; MySpace lays off 500 employees; Skype agrees to buy California based mobile video company

[The Christian Science Monitor]

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MySpace is eliminating 500 employees, nearly half its staff. At left, the MySpace revamp introduced last fall. (Newscom) Horizons MySpace lays off 500 employees. Is the race against Facebook lost forever? MySpace CEO Mike Jones says the cuts were "tough but necessary." MySpace has in recent years consistently lost ground to Facebook and Twitter. More Innovation stories » Verizon iPhone versus AT&T iPhone: The top three differences Verizon iPhone release date closing in fast CES: No Verizon iPhone unveiled in Las Vegas, but maybe on Tuesday? Skype agrees to buy California based mobile video company, Qik Apple's Mac App Store now open for business Advertisement

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