News Corp. Could Buy Yahoo
Ryan Tate · 10/14/10 06:51PMIt's possible Rupert Murdoch could buy Yahoo if AOL doesn't. His tech isn't cutting edge, but he does hate Google.
It's possible Rupert Murdoch could buy Yahoo if AOL doesn't. His tech isn't cutting edge, but he does hate Google.
AOL might buy Yahoo with private equity investors, sell off large parts of the company, and run the rest as a rival to Google in online advertising, The Wall Street Journal reported. It would be a deal of unprecedented irrelevance.
It's official: Anderson Cooper will host a syndicated daytime talk show beginning in fall 2011. What should he call it?
Mike Arrington just confirmed the rumors: He's selling his five-year-old blog company TechCrunch to AOL. And he's sticking around for at least three years to keep running the site.
Mike Arrington is close to selling his influential TechCrunch blog to AOL, GigaOm reports. An announcement is said likely at TechCrunch's ongoing Disrupt conference – from which Arrington has been notably absent this afternoon.
Google announced a much-anticipated deal with Verizon that calls on the Federal Communications Commission to enforce an open and equal internet — except when it comes to wireless networks and new types of services. Confused hand-wringing has already begun.
Disney has finally completed its excruciatingly long quest to sell Miramax. Price: $660 million. Buyers: an investment group headed by Ron Tutor, a California construction mogul. Non-buyers: the Weinsteins, Ron Burkle, Rob Lowe. Watch Pulp Fiction in their honor. [LAT]
A skanky mannequin has been discovered in the San Francisco headquarters of Yelp. The doll is supposed to represent a Yelp user, but she also makes the perfect mascot for the self-consciously trashy local ratings site itself.
Dennis Crowley might be on top of the world now, but the Foursquare founder might want to tame his growing hubris. The CEO who called Google "hopeless" has been dissing Microsoft, too.
Tesla's electric sedan won't go on sale for years, if ever, but that didn't keep buyers from bidding up Tesla stock 40 percent on its first trading day. CEO Elon Musk stole the hearts of yet another round of investors.
Foursquare just took a $20 million venture investment that valued the social network at $95 million. Congratulations, preening "mayors:" Your obsessive "checking in" with Foursquare's mobile software has been successfully monetized.
Barry Diller runs a virtual harem of internet properties at his IAC, but every year he flirts with other startups at the Sun Valley mogulfest. The question this year: Will Diller finally dump Ask.com — and who will he insult?
Cablevision is said to have finally abandoned its acquisition of city-blog shop Gothamist. Entertainingly enough, Gothamist founder Jake Dobkin can reportedly blame his big mouth for scotching the deal.
Tesla said it aims to raise $180 million in a June 29 IPO, nearly double its original plans. Analysts are skeptical, given that the Silicon Valley electric-car maker has no product to sell for two years. Then there's the divorce.
BP may or may not be going bankrupt. But the hotels in Florida are certainly hurting. Potential visitors in the Midwest are being scared away by images of the coast mired in gunk. Deals to the rescue! Or… not?
The unprofitable Huffington Post won't even discuss selling to Yahoo for several hundred million.
Film moguls Harvey and Bob Weinstein finally won back Miramax, the company they founded, from Disney, and now they're losing it again. The deal seems to have fallen through after weeks of negotiations. Can't these guys get a break? [LAT]
The Olsen twins have finally unloaded the $8.45 million Manhattan penthouse they never lived in.