Hacker News Reader

Wait, did you say Facebook? If that isn't representative of the problems Myspace is facing, I don't know what is.

Releasing bad news simultaneously with other unrelated but important news is a common PR tactic. There are PR firms that will tell you (for a price) when big news will happen so that you can announce your layoffs quietly.

This confused me as well, but I think he means that the bad news will be buried in all the media hype/time being devoted to iPhone.

Exactly.