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No Bright Future for MySpace ?

Following the laying off of half the staff of social networking site MySpace, its owner, News Corp, is said to be exploring strategic options for the future of the site,…

Alibaba Seeking to Buy Out Yahoo Again

China’s biggest e-commerce company, Ali Baba group, is seeking to buy 40 % stake held by Yahoo in the group. The founder has started negotiations with privately equity companies to…

Ofcom Report with Government – News Corp-BSkyB Deal at Stake

Subsequent to complaints by newspapers and competitor media organizations, the British government had requested Ofcom, its communications regulator, to determine whether the proposed purchase of BSkyB by Rupert Murdoch’s Newscorp…