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Might It Now Be "Yahoo!Space" Instead of "Microhoo!"...?
On Monday Rupert Murdoch was reported as assuring the financial press that News Corporation would not be making a counter-bid for Yahoo! but yesterday came new reports that discussions are taking place about integrating Yahoo! with News Corp's Internet assets. The idea, according to TechCrunch, would be to fold Fox Interactive Media, which includes MySpace, into Yahoo! along with a cash investment by News Corp. and a private equity fund, to create an entity with nearly 150 billion monthly page views.
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Big Bucks commented on the 14 Feb 2008
> discussions have ... always faded after > disagreements over MySpace's valuation Didn't Brad Greenspan claim MySpace was really worth $10-20 billion? |