LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.Best Political Blog Winner, 2007 Webby Awards, People's Voice and Jury.   Exclusive Truthdig Merchandise - Gore Vidal signed first editions - Signed Mr. Fish prints
 
July 24, 2008
Log in / Register

 Choose a size
Text Size

Reports
Obama on the Brink
No Easy Out for Obama

Ear to the Ground

A/V Booth

Arts & Culture

Digs
Inside the Data Mine

Truthdig Bazaar more items

 
Ear to the Ground

Murdoch Eyes Yahoo

Email this item Email    Print this item Print   
Posted on Feb 13, 2008
Murdoch
AP photo / Mark J. Terrill

The emperor: Rupert Murdoch has managed to make a fortune while bending media companies to his ideological will.

Having just rebuffed a $42.1-billion offer from Microsoft, Yahoo Inc. has another suitor: Rupert Murdoch’s News Corp. Although Murdoch is rich, he’s not Bill Gates rich, and MySpace, which is supposed to entice Yahoo into the deal, is so 2007. Murdoch detractors, therefore, should take pause, but not panic. The most popular news site on the Internet and Yahoo’s many other properties remain impartial, for now.

Reuters:

NEW YORK (Reuters) - Rupert Murdoch’s News Corp is in talks to combine MySpace and other Internet properties with Yahoo Inc to fend off Microsoft Corp’s $42.1 billion bid, according to several reports.

One proposal under discussion would value the MySpace online social network at around $6 billion to $10 billion and would give News Corp a more than 20 percent stake in a combined company, according to the Wall Street Journal Web site Wednesday.

Read more

Email Newsletter

Get truth delivered to your inbox every week.

Previous item: Obama's Demographic Breakthrough

Next item: Senate Votes to Outlaw Waterboarding

Jump to Comments

Advertisement


Elsewhere: .

Comments

Are you a Truthdig member yet? Login now, or register with Truthdig.

By republicanSScareme, February 14 at 2:15 pm #
(Unregistered commenter)

I would hate to see that traitor buy Yahoo. Just about everyone uses Yahoo somehow and the last thing we need are more traitors, i.e., Zionist Nazis, controlling any more of our media.

Report this

By Douglas Chalmers, February 14 at 6:44 am #

By cyrena, February 14: “Why doesn’t a UFO just capture that SOB, and take him off to wherever rich SOB’s go when they’re no longer wanted...”

That’s where he is...... in the US of A! Land of the freebies, fairweather friends and fine-feathered fowl......

Report this

By Aegrus, February 14 at 5:11 am #

That picture of Murdoch is so biased. It is totally supposed to cause nausea and induce fears of the living dead.

Report this

By cyrena, February 14 at 1:33 am #

I’m still more afraid of Murdoch and anything ‘Texas’ than I am of the Aussies.

Actually, the Aussies are just fine with me.

According to the article though, we don’t have to worry about Murdoch taking over Yahoo, at least for the moment.

And, if Yahoo rejected the Microsoft takeover, why would they (or the stockholders) allow themselves to be kidnapped or ‘taken over’ by Murdoch?

Why doesn’t a UFO just capture that SOB, and take him off to wherever rich SOB’s go when they’re no longer wanted, (if they ever were) among a civilized population?

Report this

By Hammo, February 13 at 9:48 pm #

The most famous foreign owner of American media outlets, Murdoch, is now joined by Macquarie Media Group of Austrailia which is buying up American newspapers.

Food for thought in the article ...

“New facts unfold in Texas UFO sightings: Police videotape, foreign-owned Texas newspapers”

AmericanChronicle.com
February 13, 2008

http://www.americanchronicle.com/articles/52240

Report this

By Douglas Chalmers, February 13 at 5:59 pm #

Pity Yahoo doesn’t ‘eye’ News Corp. Then again, most probably the Saudis or the Chinese will take over eventually anyway, uhh.......

Report this

Add Your Comment

Posts by unregistered readers are moderated. Posts by members
are published immediately. Why wait? Register today!






Notify you when others comment on this article?


Are you a human?
Retype the word you see here.


Please read and abide by our comment policy.
By submitting this comment, you agree to this site's terms and conditions.

Newsletter

Get Truthdig in your inbox

Privacy Policy

 
Click here to advertise with Truthdig
 

 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2008 Truthdig, L.L.C. All rights reserved.