News Corp. is in talks to buy a stake in an unnamed search engine as part of its plan to create a major portal and expand on the Internet, chief executive Rupert Murdoch said this week.
Rupert Murdoch's News Corporation has been given the green light by US antitrust authorities to go ahead with its acquisition of Intermix Media.
Larry Page and Sergie Brin have joined the MediaGuardian's 100, while Steve Jobs has slipped and Bill Gates has plunged off.
A month after Rupert Murdoch said News Corp is too small to compete for Yahoo, the media giant is teaming up with Microsoft in a joint take over bid for Yahoo, which would see MySpace brought into the mix.
All talk of global warming aside, the record-breaking heat wave that knocked out power infrastructures throughout California will probably be best remembered for making MySpace.com look really bad.
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