Story from San Francisco Chronicle........
MySpace, the popular social-networking destination, is opening an office this week in San Francisco and plans to hire as many as 200 employees as it moves to redesign its site, introduce features and fend off rivals such as Facebook.
The San Francisco office, in the SoMa neighborhood near AT&T Park, will focus on enhancing MySpace's infrastructure, creating products and forging strategic partnerships - some of which are expected to be announced this week.
The move is the latest sign of growth for the Los Angeles company, which was acquired two years ago by Rupert Murdoch's News Corp.
Most of the new hires will be engineers.
"We literally planned out all the products we're going to build in the next year or two. We don't have enough engineers to do what we want to do," MySpace Chief Executive Officer Chris DeWolfe said. "Clearly, San Francisco and Silicon Valley attract the top engineering talent in the world. ... It's going to allow us to develop incredibly rapidly."
By Ellen Lee, San Francisco Chronicle
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2 comments:
I think this is a great move for MySpace. There definitely is amazing talent in the bay area, and placing it right next to AT&T Park can only increase productivity! Go Giants!
Michael,
I agree.
It appears that the bay area could be in the 3rd or 4th inning of secular growth in its economy and job market.
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