What’s in the brownies, Yahoo?
21 June 2007
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Today’s SMH has reported that:
“Murdoch mulls Yahoo stake – BizTech – Technology – smh.com.au: “Global media giant News Corp has proposed swapping social networking site MySpace with internet giant Yahoo in return for a 25 per cent stake in the enlarged group, a newspaper reported on Wednesday.”
TechCrunch first reported this yesterday, saying if the deal went through it would value MySpace in the ballpark of $12 Billion.
I say Yahoo has got to be smoking something if they’re even considering forking out that much money…
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