Murdoch Talking With Yahoo About Swap for MySpace
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News Corp.'s Rupert Murdoch has been discussing a deal to swap his MySpace social-networking site with Yahoo for a one-quarter stake in the Internet-portal company, even as he pursues his $5 billion offer for Dow Jones.
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News Corp.'s MySpace is in "very  active" discussions with other media companies to distribute  video not owned by Rupert Murdoch's company, the head of its  Internet division said on Wednesday.
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News Corp. (NWS) may soon allow members of its MySpace Web site to embed Fox TV shows and other Fox video on their home pages, marking a huge step toward generating greater revenue from the world's largest social networking site.
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As Mrs M. launches MySpace in China Rupert Murdoch has defended his strategy of not making News Corp content available to portals.â¦
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News Corp's MySpace, the world's largest online social network, said on Wednesday it will allow outside developers further access to its service to counter the growth of smaller rival Facebook.
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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.
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Yahoo's switchover plan for the photo-sharing site draws fire. Plus: Yahoo unveils a universe of brands. In Monkey Bites.
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Yahoo is in talks to buy social networking website Facebook for $1bn, reports claim.
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MySpace Comes to China Rupert Murdochâs News Corp intends to have another go at the China Market.  After leaving the Chinese TV Market in June this year New Media will be the next attempt. From the Financial Times: Rupert Murdoch said on Tuesday that his wife, Wendy Deng, was working with senior News Corp executives to help [...]
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Rupert Murdoch's News Corp (NWSa.N) 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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This social networking disease is catching Yahoo! is in talks to buy Facebook, the social networking site for college- and schoolkids, the WSJ reports today.â¦
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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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LOS ANGELES -- Dow Jones &amp; Co.'s board will take the lead in deciding whether the Wall Street Journal publisher will be sold to News Corp. for $60 a share as MySpace.com founder Brad Greenspan offered the same price for 25 percent of the company.
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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 Motley Fool - Will "do you Yahoo" replace "what's your major" as the ultimate coed pickup line? Today's Wall Street Journal had a front page story on a quiet buyout battle brewing for the college-friendly social networking site Facebook.
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Yahoo is exploring a possible alliance with media conglomerate News Corp. to stave off a take-over by software giant Microsoft, The Wall Street Journal reported on Wednesday.
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You ain't digging into my space, Monkeyboy !!!!! Rupert Murdoch is in talks with Yahoo! aimed at fending off the hostile takeover by Microsoft.â¦