MySpace founder DeWolfe to step down as chief exec

«The chief executive of MySpace, Chris DeWolfe, is stepping down from the top job at the social network he helped found six years ago, the company announced last night.

Although he will step down by the time his contract ends this autumn, DeWolfe, 43, will remain an adviser to the company. Meanwhile, fellow co-founder Tom Anderson - currently the president of MySpace - is also in discussions over his future.»

The Guardian