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Old 20th Jun 07, 04:47 PM
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Report: News Corp considering swapping MySpace for stake in Yahoo
*Source: The Raw Story (http://rawstory.com/news/2007/Report..._0620 .html)*
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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.

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