Analysis What S Next For Yahoo
The surprise came in the hours that followed, with rumors that Rupert Murdoch’s News Corp. had broached the idea of merging its MySpace social-networking unit into Yahoo. News Corp. bought My Space in 2005 for $580 million; news reports say the company wants a 25 percent stake in Yahoo in exchange for My Space—a deal that would be valued at some $10 billion. Neither company has yet confirmed the reports, most prominently in The Times of London on Wednesday....