News Corp 'in secret Yahoo talks'
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Rupert Murdoch's News Corporation is in talks with Yahoo about a possible deal, according to a press report.
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Rupert Murdoch's News Corp. recently discussed swapping its MySpace social-networking site in exchange for a large stake in Yahoo, according to published reports.
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NEW YORK/SAN FRANCISCO  - Yahoo Inc  is  reportedly in talks with News Corp  to combine their  Web properties, but Wall Street analysts rained scorn on the  likelihood of a deal that can fend off Microsoft Corp's   $42.1 billion bid for Yahoo.
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A British billionaire is holding secret talks on buying Italian fashion house Prada, the Sunday Times reported.
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Talks of a swap between Liberty Media and the News Corporation was met with some skepticism by Liberty shareholders.
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HONG KONG -- Yahoo Inc. did not violate Hong Kong's privacy laws when it provided prosecutors with information about a Chinese reporter accused of leaking state secrets, authorities said Wednesday.
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Media & professional: The board of Wall Street Journal owner Dow Jones was scheduled to meet last night for what could be executives' final discussions over Rupert Murdoch's audacious $5bn (Â£2.5bn) takeover bid.
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Rupert Murdoch's News Corp is in talks to combine MySpace and other Internet properties with Yahoo Inc to fend off Microsoft Corp's $42.1 billion bid, according to several reports.
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A rumor brought to light this morning by notorious financial insider and blogger Henry Blodget may this time be true, as Yahoo's response appears to warn of bad news ahead in its next restructuring move.
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Global media giant News Corp. has discussed swapping social networking site MySpace with Internet giant Yahoo in return for a 25-percent stake in the group, a newspaper reported on Wednesday.
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Yahoo Inc's board of directors is to  meet on Friday to discuss Microsoft Corp's $44.6 billion buyout  offer, the TechCrunch blog said, citing unnamed sources.
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(InfoWorld) - News Corp. recently discussed swapping its MySpace social-networking site in exchange for a large stake in Yahoo, according to published reports. However, the status of the discussions remains uncertain because News Corp. made the proposal before Terry Semel resigned on Monday as Yahoo's chairman and CEO, according to reports published Wednesday by The New York Times and the U.K. Times. Both newspapers attributed the information to anonymous sources. The New York Times reported that News Corp. discussed with Yahoo the idea of giving up MySpace in exchange for a 25 percent stake in the Sunnyvale, California Internet giant. Meanwhile, the U.K. Times said News Corp. told Yahoo it wanted a 30-percent stake for MySpace. With Yahoo's market capitalization at $37.7 billion mid-morning Wednesday, the deal would put MySpace's value at between $9.4 billion and $11.3 billion. News Corp. bought MySpace along with other Internet properties for $580 million when it acquired Intermix MediaInc. in July 2005. The U.K. Times, which is owned by News Corp., reported that its parent company is interested in the Yahoo stake as a way to gain "exposure to a far larger Internet-based business." The New York Times characterized News Corp.'s overture as "informal" and as a "loose proposal" that hasn't generated "meaningful negotiations." The U.K. Times called the discussions "tentative" and potentially closed now that Yahoo co-founder Jerry Yang has become its CEO. Yahoo reportedlyÂ tried unsuccessfully to buyÂ social-networking site Facebook for $1 billion last year. In May of this year, the U.K.'s Sunday Telegraph reported that Yahoo had expressedÂ interest in buying social-networking site BeboÂ for the same amount. Yahoo executives have in the past year publicly acknowledged the company is weak in the social-networking space, ruled currently by MySpace. In the U.S., MySpace attracted almost 80 percent of all visits to social-networking sites in April, followed in a very distant second place by Facebook with 11.5 percent, according to Hitwise. Bebo came in third place with 1.3 percent of visits. Yahoo 360, the company's social-networking site, took seventh place with 0.71 percent. News Corp. declined to comment about Wednesday's reports. Yahoo didn't immediately respond to requests seeking comment. Â
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An e-mail exchange between executives at Marsh & McLennan is one of numerous potentially embarrassing communications that were disclosed by Eliot Spitzer.
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Rupert Murdoch's News Corp. is talking with Yahoo about business deals, including one that would combine News Corp.'s MySpace with Yahoo.
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Rupert Murdoch's News Corporation is negotiating to rescue the embattled internet company Yahoo
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Blog: Yahoo shareholders reject censorship, executive pay proposals, re-elect all board members at shareholder meeting
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Andrew Neil, an expert on Rupert Murdoch, says that Dow Jones negotiators were his source for a claim that a deal had been reached with News Corporation.