A Possible Choice For Yahoo - News Corp.
Published by: Codrut Nistor, in News
February14th2008

Although nothing is official yet, it seems Yahoo has unofficial talks with Rupert Murdoch's News Corp. regarding a possible alliance. This is not something new, because rumors about News Corp. being interested in Yahoo have been heard before, but it's an interesting subject.
According to Yahoo's CEO Jerry Yang, "We have redeployed our resources to drive Yahoo's key strategic priorities -- taking important steps to streamline our organization and close down or scale back businesses that don't support these critical growth initiatives.".
Despite Yahoo's declared growth potential, it would be a wise move to see MySpace combined with Yahoo, as rumors go in various media reports centers. Obviously, by combining News Corp's properties with Yahoo, that would lead to a part of Yahoo, maybe even 25 to 30 percent, being the price for this operation.
Well, hopefully everything works well, and maybe they'll also call back at least some of those 1,000 people being fired these days (not that I would be worried about their chances of finding new jobs, with Yahoo on their CVs...). Be sure we'll keep you in touch with this matter, all there is to do is check back here from time to time!








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