With MySpace starting to lose more of its audience to sites like Facebook, Rupert Murdoch announced plans this summer to turn the social networking site into more of an online hub for entertainment.

This story was written by Rafat Ali. MySpace is following YouTube in trying to identify uploaded clips and then insert ads in them: it is starting with one media company first, MTV Networks (NYSE: VIA ...

MySpace users will be blocked from uploading copyrighted videos by anti-piracy tools checking the audio fingerprints of video clips. MySpace plans to trial the video filtering technology on Universal ...