News Corp joins the fight for Yahoo
The Financial Times is reporting that Rupert Murdoch of News Corp. may be going after Yahoo.
From the article
News Corp has been in talks about merging its MySpace social network and other online sites with Yahoo in exchange for a substantial stake in the web portal, according to a person familiar with the matter.
My take is that you never bet against Microsoft. However, how much value is truly left in Yahoo? The combination of MySpace and Yahoo makes sense in some ways. However, make no mistake, if this would occur..it would relegate Yahoo to the bottom of the Internet social heap. Who really even uses MySpace anymore?
Wired claims it is Yahoo who is courting News Corp to fend off Microsoft.
Categories: Technology
