Feeds

Will Murdoch swap MySpace for Yahoo! stake?

Tabloidtakeovertastic...

Security for virtualized datacentres

Rupert Murdoch's News Corporation is considering swapping MySpace for a stake in Yahoo!

The talks are ongoing, but have been hit by the departure of Terry Semel earlier this week.

According to Murdoch-owned The Times, News Corp will hand over MySpace in exchange for a 25 per cent stake in Yahoo!. The search and portal giant has been accused of lacking direction in recent months but is still worth $37bn.

Murdoch paid $580m for MySpace in 2005, which would be some rate of return.

Yahoo! would benefit from the deal in gaining News Corp's content and a big social networking site - although Facebook has rather overshadowed MySpace in recent months.

It could be the story has more to do with Murdoch's bid to takeover the Dow Jones group. In May he offered $5bn for the group which owns the Wall Street Journal, among other titles.

More from The Times here. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.