News Corp sets online safety ads, hopes to contain MySpace bad publicity

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News Corp. is about to launch a heavy duty multimillion-dollar public service advertising campaign to tackle the criticism of its social networking site MySpce.com which stalkers are successfully using to contact teens.

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Conservative media mogul Rupert Murdoch News Corp brought MySpace last year for a $580 million. An Alexa study reveals that the fifth most popular site of the world, MySpace only runs after Yahoo, Google, MSN and eBay. The allegation is that the site has now become an easy escapade for sexual predators who search for young adults, teens and even children in anonymity.

There are more than 55 million people registered with the site today and a conservative estimate says that more than 250,000 people sign up everyday.

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