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Rupert Murdoch’s News Corporation is planning to set up an online ad network to sell Internet ads on the newly acquired websites of Wall Street Journal and other Internet properties that it owns, according to AP. The new ad network will be focused on delivering financial ads for the Latin America region.

MySpace will now feature karaoke, powered by Ksolo, a karaoke site that Fox Interactive Media (parent company of MySpace) had acquired nearly two years ago in April 2006 (the stand alone site itself hasn’t been able to generate too much traction).
 
 
 
Essentially, MySpace Karaoke will provide users with music to sing along with, while song lyrics will scroll transversely on [...]