Word: corps
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...spokesman for News Corp., which owns Dow Jones and the Wall Street Journal, had no comment...
Enter the Death Star, otherwise known as Hulu hulu.com) When NBC Universal and News Corp. announced last year that they were jointly starting their own YouTube knockoff, the guffaws were loud and long: everybody who's ever seen a made-for-TV movie knows that the scrappy underdog always beats the corporate Goliath. But oddly enough, Hulu, which came out of beta in March, is a gorgeous piece of interface design laid over a technically very sweet video player. The offerings are eclectic but compelling: a handful of current shows (The Office, The Simpsons, 30 Rock), a larger handful...
...Microsoft buys Yahoo by teaming with News Corp...
...PROS: Microsoft has been losing money in the Internet space and desperately needs the tremendous reach of Yahoo, which is bigger than any other rival. Microsoft could swiftly sweeten its deal for Yahoo, with the extra resources from News Corp. Yahoo will likely enjoy a higher purchase price, which will satisfy its investors. Plus, Microsoft can then integrate Yahoo search and content into News Corp.'s MySpace (which lacks a built-in Internet search feature), making it a more serious threat to Facebook...
...CONS: News Corp and Microsoft may not work well together. In an April 10 report, analyst Jim Friedland of Cohen and Company predicted that the merging of these three companies would not produce a fruitful alliance. Instead of giving Microsoft a needed competitive edge, the merger might actually slow Microsoft's efforts to intensify its battle against Google...