Los Angeles – News Corp.’s (NYSE: NWS) MySpace online social network will
acquire certain assets of Threadbox, the developer of a social messaging
platform, VentureBeat reported.

Under the deal, MySpace is reportedly acquiring
some of Threadbox’s technology, and certain of its team members will join the

Launched in 2009, Threadbox offers a social messaging platform that
combines elements of email, instant messaging and file-sharing — similar to
Google’s Wave.

"We plan to apply our technology there in a variety of
ways! Those of you that were using Threadbox socially may even find what we are
building at Myspace interesting!" CEO Michael Cerda wrote in a blog post.

had raised $2 million in funding, from backers including Venrock, Hillsven
Capital and Seraph Group.


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