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Breaking News: Federal grand jury indicts PG&E for obstruction in connection with San Bruno explosion.

Mike Jones

MySpace new logo

MySpace To Slash Half Its Staff Worldwide

Struggling entertainment site MySpace said Tuesday that it is cutting nearly half of its staff worldwide, or about 500 people, after an extensive revamp in October overhauled its look and allowed it to be run with fewer people.

CBS San Francisco–01/11/2011