News Corp will not fight Microsoft for Yahoo

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
News Corp will not fight Microsoft for Yahoo

Rupert Murdoch said on Monday his News Corp would not get into a fight with Microsoft over Yahoo, confirming what most industry and Wall Street observers suspected. Murdoch’s company has been in talks with Yahoo over a transaction to combine News Corp’s MySpace Internet social network and other Internet assets with Yahoo, a source familiar with the talks said earlier.

Read the complete story here.