Social network site Plaxo considers sale: reports
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Plaxo, a site that helps users  keep their friends' contact information up to date, is  considering a sale of the company for as much as $200 million,  media reports said on Thursday.
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Signs are pointing to a potentially big announcement out of the company this week, but the notoriously tight-lipped social network isn't providing any answers.
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MySpace, the online social networking site owned by News Corp, is in talks with music companies to launch an advertising-supported free music service, according to several reports on Wednesday.
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Rupert Murdoch's News Corp. is discussing swapping social networking Web site MySpace for a 25 percent stake in Yahoo Inc., The Times newspaper reported Wednesday.
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MySpace, the online social networking  site owned by News Corp , is in talks with music  companies to launch an advertising-supported free music  service, according to several reports on Wednesday.
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The founder of MySpace.com parent Intermix Media on Thursday said he is seeking a federal investigation of the sale of Intermix to News Corp. last year, claiming the deal defrauded shareholders by undervaluing the Internet's most popular networking site.
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The company is considering an investment of between $300 million and $500 million for less than 5 percent of Facebook.
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Social-networking Web site  Facebook.com is in serious talks to sell itself to Internet  media company Yahoo Inc. for an amount that could approach $1  billion, The Wall Street Journal reported on Thursday.
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Business & money: Cable company says it has received a takeover bid and is considering potential sale.
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Microsoft Corp is talking to Facebook  about buying a minority stake in the fast-growing online social  network that could value the company at $10 billion or more,  the Wall Street Journal reported on its Web site on Monday.
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Yahoo is in talks to buy social networking website Facebook for $1bn, reports claim.
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Microsoft Corp is talking to Facebook about buying a minority stake in the fast-growing online social network that could value the company at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
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Facebook will sell a $240 million minority stake to Microsoft, which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.The size of the ownership stake Microsoft will take during Facebook&#39;s next round of financing puts Facebook&#39;s valuation at a whopping $15 billion.&#160;Google had reportedly been courting Facebook as well.In addition to the ownership piece, Microsoft will also extend its existing agreement to provide banner ads to Facebook in the U.S. With this deal, Microsoft will become Facebook&#39;s exclusive third-party ad platform as well as provide Facebook ads internationally.Facebook will likely devote the cash influx from its next financing round to bankroll the torrid growth it is expecting in the coming 12 months in usage and headcount.With about 300 employees now, Facebook expects to have about 700 a year from now, its CEO and co-founder Mark Zuckerberg said last week at the&#160;Web 2.0 Summit.Meanwhile, the site is growing its usage at breakneck speed with about 250,000 new users registering every day.Founded in 2004, it currently has about 49 million active users today, up from 12 million in December. More than half of its active members return to the site daily. Some 59 percent of its users are outside the U.S.Earlier Wednesday, The Wall Street Journal and The New York Post reported that Facebook was in the final stages of making a decision on whether to do this deal with Microsoft or Google.For Microsoft, which hasn&#39;t attained as strong a position in online advertising as it had hoped and lags behind Google, landing this deal could be a major win, as long as Facebook proves to be as attractive an advertising vehicle as expected.The Journal reported later on Wednesday that Facebook expects a profit of about $30 million this year, on revenue of $150 million.Google and Yahoo provide ads for Facebook rival MySpace.Still, questions remain about social networking sites&#39; full potential for advertising, since most of their content is largely unregulated and created by millions of individuals, resulting often in material that is vulgar and objectionable.Facebook plans to share more ideas for revving up its advertising business on Nov. 6, at an event in New York to which it has invited what it calls &quot;its closest advertisers.&quot;&quot;As part of [the event], Facebook executives will discuss new approaches for advertising online,&quot; a Facebook spokeswoman said. &quot;We are not sharing any further details.&quot;Facebook, MySpace, and others are also under close scrutiny from law enforcement agencies in the U.S. and abroad because sexual predators use social-networking sites to stalk and victimize people, in particular minors.The Journal first reported Google&#39;s and Microsoft&#39;s pursuit of the Facebook investment a month ago.
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Microsoft Corp is in talks to buy up to  5 percent of Facebook in a deal that could value the  fast-growing online social network company at $10 billion or  more, the Wall Street Journal reported on Monday.
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Social network will allow individual creators to put a price on their content.
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The Pantagraph&#39;s parent company, Pulitzer Inc., which also owns the Post-Dispatch in St. Louis and 12 other daily newspapers, may be for sale according to a Friday report by the Reuters news service.
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MySpace, the online social networking  site owned by News Corp (NWSa.N), is in talks with music  companies to launch an advertising-supported free music  service, according to several reports on Wednesday.