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MySpace’s COO, SVP Product Strategy and VP Technology are leaving the top US social networking site. The purpose? Well the foremost being MySpace will eventually lose grounds to Facebook in the US much like it has in the global arena. Apart from that, these execs plan to start their own startup. Whatever be the reason, the news paints a bad picture for MySpace that hasn’t had things going on in the right direction. I mean where’s MySpace Music that got so much attention? I guess these execs are surely seeing the MySpace Empire decline and are moving out while the time’s still right.