Microsoft target Yahoo woos Murdoch
YAHOO, the internet search engine being stalked by software giant Microsoft, is believed to be in talks with News Corporation International in a bid to maintain independence.
News Corp chairman Rupert Murdoch has reportedly held meetings about merging his online businesses, which include social networking site MySpace, with Yahoo.
Microsoft bid $44.6 billion (22.6bn) for Yahoo, and wants to cut Google's growing dominance of the internet.
Yahoo has also written to shareholders explaining why its rejected Microsoft's initial approach on Monday, pointing out it is the most visited website in the US, and counts almost half of the world's internet users among its membership.
Meanwhile, News Corp has said Rupert Murdoch's son James could earn up to $20 million as head of its European and Asian operations. Murdoch jnr will receive a $3.4m base salary and up to $16m in bonuses.
Email to a friend
Print this page- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron offers a deal to reject independence
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Scottish independence: David Cameron offers a deal to reject independence
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Saturday 18 February 2012
Today
Light sleet showers
Temperature: -2 C to 7 C
Wind Speed: 30 mph
Wind direction: West
Tomorrow
Sunny spells
Temperature: 1 C to 5 C
Wind Speed: 15 mph
Wind direction: West
