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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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06-20-2007, 06:53 AM
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#1 |
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Confirmed User
Join Date: Feb 2002
Location: Third mall from the sun
Posts: 2,185
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News Corp. to swap MySpace for stake in Yahoo
Rupert Murdoch's News Corp. is discussing swapping social networking Web site MySpace for a 25 percent stake in Yahoo Inc., The Times newspaper reported Wednesday.
The Times, which is owned by News Corp., said its parent was looking for exposure in a larger Internet-based business such as Yahoo. News Corp. spent $580 million to buy MySpace in 2005. Corporate officials at News Corp. and Yahoo Inc., both based in the United States, were not available for comment in the early hours of Wednesday morning. Based on Tuesday's closing share price, Yahoo was worth $37 billion. Yahoo has been losing out to Google Inc., whose shares have increased six-fold in value since 2004 while Yahoo's share price has dipped. Profit at Yahoo fell 11 percent in the first quarter, the company said Monday, and it warned that second-quarter results may be at the low end of expectations. The downturn has fueled speculation that Yahoo might consider combining with eBay Inc. or MySpace. |
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06-20-2007, 09:12 AM
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#2 |
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Pounding Googlebot
Industry Role:
Join Date: Aug 2002
Location: Canada
Posts: 34,482
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Wow, a 25% stake in Yahoo (worth $37 billion) would be $9.25 billion. If News Corp has the chance to flip their $580 MM investment to $9.25 billion that would be incredible. Definitely seems overpriced for MySpace to be honest though.
WG
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I play with Google. |
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06-20-2007, 09:43 AM
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#3 |
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want to get in shape
Join Date: Jan 2003
Location: on the lake
Posts: 12,329
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DMAN! that is too many zeros to understand !!!!!! dat be a hole lot of ducks!
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06-20-2007, 09:47 AM
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#4 |
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Outside looking in.
Industry Role:
Join Date: Feb 2005
Location: To Hell You Ride
Posts: 14,243
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The rumors over Yahoo! are flying all over the place. The CEO got the boot on Monday. News Corp wants a stake in Yahoo! and Merryl Lynch thinks Microsoft and Yahoo! should merge. It will be interesting to see what shakes out in the end.
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06-20-2007, 09:50 AM
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#5 |
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In Tushy Land
Join Date: Oct 2002
Location: Nebraska
Posts: 40,149
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a ton of money going around
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06-20-2007, 11:22 AM
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#6 |
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Confirmed User
Join Date: Feb 2002
Location: Third mall from the sun
Posts: 2,185
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A couple of weeks ago on Mad Money Jim was saying that eBay and Yahoo should merge.
It will be interesting to see who ends up with Yahoo. |
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06-20-2007, 11:25 AM
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#7 |
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in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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these guys are getting crazy with the numbers again. The new net bubble is building.
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In November, you can vote for America's next president or its first dictator. |
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06-20-2007, 12:08 PM
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#8 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Posts: 51,692
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Dosen't make any sence. Myspace is not worth 10 billions.
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06-20-2007, 12:11 PM
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#9 |
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Mainstream since 2010
Industry Role:
Join Date: Jan 2003
Posts: 1,327
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Way too much for myspace if that is true.
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Alea iacta est |
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