The inner workings of MySpace Music – along with a lot of stuff users see – may be in for a significant upgrade. The organization announced today that it’s named Dmitry Shapiro, who earned a degree of fame as the founder and former CEO of Veoh, as its chief technology officer.
Online video website Veoh has announced it will be shutting down and filing for bankruptcy.
Veoh launched in 2005 and its backers included Shelter Capital, Spark Capital, Michael Eisner’s Tornante Company, Goldman Sachs, Time Warner, Intel Capital, Adobe, Gordon Crawford, Firefly3 and Jonnathan Dolgen. Those backers supported Veoh with $70 million in investments.