Welcome!

SOA & WOA Authors: RealWire News Distribution, Hari Gottipati, Maureen O'Gara, Elizabeth White, Pat Romanski

Related Topics: Search

Search: Article

Might It Now Be "Yahoo!Space" Instead of "Microhoo!"...?

News Corp Emerges As Possible Savior of Yahoo!
By Search News Desk
Article Rating:
February 14, 2008 08:45 AM EST
Reads:
 11,244

On Monday Rupert Murdoch was reported as assuring the financial press that News Corporation would not be making a counter-bid for Yahoo! but yesterday came new reports that discussions are taking place about integrating Yahoo! with News Corp’s Internet assets. The idea, according to TechCrunch, would be to fold Fox Interactive Media, which includes MySpace, into Yahoo! along with a cash investment by News Corp. and a private equity fund, to create an entity with nearly 150 billion monthly page views - ranking the combo second only to Google.

According to the Wall Street Journal, this isn't the first time the two companies have been in discussion. Over the last 18 months, similar discussions have apparently been taking place but have always faded after disagreements over MySpace's valuation, which in turn affects the size of the stake News Corp. would get in Yahoo!

 

Published February 14, 2008 – Reads 11,244
Copyright © 2008 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

More Stories By Search News Desk

SYS-CON Media's Search Developer's Journal (search.sys-con.com), is the first and only global publication to present the hottest timely topics on the merging search engine companies, search optimization and search engine marketing industry, and all related articles, feature and news stories for search technology professionals.

Comments (1) View Comments

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

Most Recent Comments
Big Bucks 02/14/08 01:49:00 AM EST

> discussions have ... always faded after
> disagreements over MySpace's valuation

Didn't Brad Greenspan claim MySpace was really worth $10-20 billion?