Facebook in talks to sell itself to Yahoo: WSJ
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Social-networking site Facebook is in   serious talks to sell itself to Yahoo YHOO.O for an amount   that could approach $1 billion, The Wall Street Journal   reported on Thursday.
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Social-networking site Facebook is in  serious talks to sell itself to Yahoo for an amount that could  approach $1 billion, The Wall Street Journal reported on  Thursday.
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Yahoo may team up with News Corp. to fend off&#160;Microsoft&#39;s bid to buy the struggling Web portal, according to a Wall Street Journal report on Wednesday.
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A deal between Facebook and either  Google Inc  or Microsoft Corp  is expected to  be announced in the next 24 to 48 hours, The New York Post  reported on its Web site on Wednesday, citing unnamed sources.
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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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(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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News Corp. may be ready to sell off MySpace in an effort to gain a stake in search engine company Yahoo, British daily The Times reported Wednesday.
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The firm is poised to buy a 5% share in the popular social networking website, according to reports.
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Yahoo Inc's  board met by  telephone on Friday and discussed strategy for getting  Microsoft Corp  to raise its $42 billion offer for the  company and the possibility of hiring Google Inc to run Yahoo's  search, the Wall Street Journal said.
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Yahoo Inc's (YHOO.O) board met by telephone on Friday and discussed strategy for getting Microsoft Corp (MSFT.O) to raise its $42 billion offer for the company and the possibility of hiring Google Inc to run Yahoo's search, the Wall Street Journal said.
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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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According to a story by The Wall Street Journal, Yahoo's board plans to send a letter to Microsoft on Monday saying that the software vendor's $44.6 billion merger offer "massively undervalues" the online services company.
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Microsoft is in talks to buy a stake in the social networking site Facebook, the Wall Street Journal says.
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The Motley Fool - It's no secret that Internet frenzy 2.0 has included a fair share of small Web start-ups getting bought out by Internet giants. Yahoo!'s (Nasdaq: YHOO - News) reported interest in buying social networking site Facebook last week is yet another case in point. However, craigslist founder Craig Newmark went on the record saying he's not in the least bit interested in a buyout. And guess what -- nobody should be in the least bit surprised.
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NEW YORK - Microsoft Corp. , lagging behind Google Inc. in the online advertising market, is in talks to purchase a stake of as much as 5 percent in social-networking site Facebook Inc., the Wall Street Journal reported.
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Yahoo Buying Facebook for $1 Billion Still think Yahoo is having money problems? According to an article published by the BBC, Yahoo is incredibly close to sealing a one billion dollar deal with Facebook, the social networking site.  A Facebook acquisition would add yet another strong community offering to the Yahoo Social Media family, which now [...]
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News Corp is reportedly considering selling MySpace to Yahoo for a 25% stake in the internet search firm.