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News Corp has officially sold MySpace to the advertising firm Specific Media for around $35 million. Six years ago, News Corp purchased MySpace for $580 million and quickly began to lose advertising revenue to Facebook’s popularity. Specific Media got quite the deal, as the forlorn social networking site is still expected to generate over $180 million in ad revenue this year. In other news, HTC recently announced that it’s releasing a Facebook oriented smartphone called the HTC Status. The major difference is a dedicated Facebook button that lets users instantaneously share almost any phone activity. The HTC Status runs Android, has a thumb-sized keyboard and touchscreen and is available on AT&T this summer. And finally, Microsoft has been awarded a patent for developing wiretapping technology for voice over IP services. The project called ‘Legal Intercept’ is being designed specifically to facilitate government requests for monitoring digital lines.