Acquired by Rupert Murdoch's News Corp. NWS in July, MySpace lets users create profiles where they can publish photos and personal information and link to friends' profiles. It has become nothing short of wildly popular among teens and increasingly, the preteen set.Read more over at BusinessWeek.
Hence the need for safety. In the last few months, several accounts of sexual predators targeting minors they have met through the site have emerged, creating concern among parents, schools, and public officials. "We feel that the situation on MySpace is endemic to the Internet and society in general," says MySpace Chief Executive Chris DeWolfe.
MySpace to get safer

MySpace says its getting serious about online safety.