Myspace co-founder Chris DeWolfe is apparently in the running to buy back his old site from News Corporation. However, he’s also expanding his new company MindJolt, with a focus on social gaming. MindJolt just announced a pair of acquisitions: mobile social games publisher SGN and online gaming site Hallpass Media. MindJolt now has annual revenues of around $20 million and 20 million monthly unique users. “The deals diversify us in a huge way, and it positions us very well for the future, in terms of the growth of the smartphone market,” says DeWolfe, while noting that Myspace is an “interesting” asset. All this activity raises the question of Myspace going down a gaming rather than a music route if DeWolfe succeeds in buying it back. Source: VentureBeat
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