Feeds

Will Murdoch swap MySpace for Yahoo! stake?

Tabloidtakeovertastic...

Top 5 reasons to deploy VMware with Tegile

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
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
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
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.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.