Murdoch Eyes Yahoo! in Plan to Thwart Microsoft

[lovuian]

http://www.redorbit.com/news/technology/1256632/murdoch_eyes_yahoo_in_plan_to_thwart_microsoft/index.html?source=r_technology

RUPERT MURDOCH is muscling in on software giant Microsoft's takeover plans for internet search engine Yahoo!, it has been reported.

The News Corporation chairman is in talks over merging his MySpace social networking site and other online businesses with Yahoo! to help the firm beat off Microsoft's approach, the Wall Street Journal reported.

Microsoft wants to buy Yahoo! to offer a greater challenge to Google's online dominance, with News Corporation also said to be keen on a deal with Yahoo! for the same reason.

Yahoo! rejected Microsoft's initial EUR44.6bn (pounds 22.6bn) approach on Monday. News Corporation - which was unavailable for comment yesterday - and an unnamed private equity firm would pump cash into Yahoo! in return for a stake of more than 20% of the business, according to the report.
more

Talk about two sharks Murdoch and Gates

Do they want control of the Internet or what

[StClone]

1. I will hope MS wins

Like we need more Freak'n Rupert control the lesser of two dreadfully heavy weight evils.