Twitter helps economic growth in San Francisco

The Mayor of the Californian City of San Francisco, which houses the headquarters of Twitter, has recognized the important role played by the company in its city.

Ed Lee, Alderman of San Franciso, commented that thanks to Twitter have opened 11 new companies in the area of Market Street, where the social network has its offices.

In his opinion, the area needed investment to grow and with the presence of Twitter has been achieved the necessary climate so that more and more technology companies bet on it.

On the other hand, the Mayor has also revealed that there are 1,826 tech companies in the County of San Francisco, which provide work to more than 42,000 people.

Lee also recognizes that San Franciso offers added to compete against other cities values to compensate for the fact that the tax legislation does not offer the advantages of other parts of the country.

In that regard, highlight the advantages in topics of education, infrastructure, art and culture.

In any case, over the technological, San Franciso stands out for the large influx of tourists who visit it every year.

MySpace introduces controversial changes to retrieve the path to growth

The social network MySpace has implemented some changes in its service in order to improve its presence in the market, but these have not been well seen by veteran users.

A new interface, goodbye to the profiles of users that included videos linked from other bands and singers, and excision of the blogs and comments on them, have been the changes in the umpteenth attempt at MySpace go flying.

The company currently owned by singer and entrepreneur Justin Timberlake, lived their peak in 2005, when it was purchased by Rupert Murdoch, owner of News Corporation Media congolomerado, which paid $ 580 million for the operation.

The people of Murdoch on MySpace stage was a complete disaster and business fell sharply. In 2011, after the failure of Australian Tycoon to revive the business, this I just selling the social network to Timberlake by $ 35 million.

With the new changes that launched these days MySpace the enterprise wishes to make clear its approach towards music content and the discovery of new artists, but unfortunately for managers of social networking, seems that they have not sat well lifetime users.

On MySpace claim to possess the greater library of streaming music market, made up of 53 million songs, but it doesn't seem easy to recover the pull of old, since they have to fight off competition from similar services of storage of music such as SoundCloud or Songkick.