- News Home
- UK
- World
- Society
- Politics
- Business & Money
- Science & Technology
- Sport
- Arts & Entertainment
- Weather
Murdoch to sell MySpace?
Murdoch to sell MySpace?
Last Modified: 20 Jun 2007
By:
Benjamin Cohen
Why is Rupert Murdoch in talks with Yahoo? Could they finally create something to give Google some real competition?
It could be one of the biggest deals in dot-com history.
It's being reported this morning in The Times that Rupert Murdoch wants to swap the social networking site MySpace for a 25 per cent stake in Yahoo.
Rupert Murdoch bought MySpace for $580m in 2005 and it's reported that he could get a return of $12.3b - a twenty-one times return.
If the deal did go through, then Murdoch would become effectively the largest shareholder in Yahoo.
Share this article
-
All aTwitter? »
Start following Channel 4 News on Twitter today.
-
Watch again »
There's now an easier way to watch Channel 4 News when you want to.
-
It's all gold »
Watch the best coverage from Nicholas Glass and the team with our arts player. Click to play.
-
Most watched »
Find out what's getting people clicking online this week.
-
The Edge of Love »
Watch full interviews with the team behind a new film about Dylan Thomas.
-
Celebrities gallery »
Check out your As, Bs and Cs.
-
Fan of Channel 4 News? »
Join us on Facebook here.
-
Sign up to Snowmail »
The day's news from Jon Snow and the team direct to your inbox.
