Thursday, February 14, 2008

Yahoo Plays the Field with News Corp.

Yet another twist in the Yahoo-Microsoft story:

Yahoo Plays the Field with News Corp.:
"News Corp. may be trying to cut in on the mating dance between Microsoft and Yahoo!, but it may only succeed in tightening the software maker's embrace.

Yahoo (YHOO) and News Corp. (NWS) are discussing a deal that would involve mixing Yahoo's businesses with News Corp. Internet properties, including the popular social network MySpace, according to newspapers and blogs including Silicon Alley Insider. As part of the complicated deal, News Corp. and a private equity firm would buy a significant piece of Yahoo, as much as 20%, allowing Yahoo to remain independent."

1 comment:

Cameron said...

Rupert Murdoch needs to get his hands off the internet, the guy is crazy. Good read though!