Trade MySpace for 25% of Yahoo??
June 19th, 2007 by AseemOk this is totally unrelated to Scriptovia but I had to comment. It seems that The Times is reporting that Yahoo and News Corp may agree to a deal in which News Corp receives 25% of Yahoo in exchange for MySpace. As of right now, Yahoo’s market cap. is 37.13 Billion dollars. So MySpace is worth 9.3 billion dollars? I don’t know about you but the last time I logged into MySpace most of my comments were ads and 80% of the current bulletins were ads. In my opinion, MySpace is way past its prime. I can’t bring myself to believe that Yahoo would even consider this deal, but if this news is real then my advice for Yahoo is to get into bed with Mark Zuckerburg!

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