Apparently Rupert Murdoch is in ongoing talks with Yahoo about exchanging MySpace for stakes in Yahoo!
According to The Times (also Murdoch owned), Murdoch’s News Corp will hand over MySpace in exchange for a 25 percent stake in Yahoo! Talks where interruped by the leave of Terry Semel.
Yahoo! is worth $ 37 bn. Murdoch acquired MySpace for $580 million in 2005. The exchange would be a quarter stake in that enlarged company. That equals around $ 12.3 bn. That’s what I would call a nice ROI. It would come in handy for Murdoch since he wants to buy Dow jones.
Yahoo! is interested in social networks (tried and failed to buy Facebook earlier) to face Google.
And now let me cite MySpace founder Chris DeWolfe from a “The Telegraph” report:
“If you’re on your site and you have a line of T-shirts you have designed and you want to sell them to your friends, we want to be able to provide you with the tools you need to do that.
…
So we could partner certainly with someone like eBay to do that. We haven’t decided yet, but it would be probably a good bet that someone like eBay could be a good partner.”
Yahoo <-> MySpace <-> eBay … hmm… thinking of… eBoo!
I believe that eBoo! (= Yahoo + eBay) will happen. It’s only a matter of time.
eBay
eboo eBusiness Facebook Google Murdoch mySpace News Corp Rupert Murdoch Search engines Social Web Times Web 2.0 Yahoo 
