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.
After having snubbed Microsoft's initial takeover proposal, reports have indicated that Yahoo is still counting on the software giant to mount another acquisition bid, should its attempts to play the field backfire.
Rupert Murdoch has told investors at a US conference that News Corp is too small to fight Microsoft for Yahoo.
As Microsoft, AOL, News Corp dance to the smell of Yahoo's blood, Google's competitive threat has remained constant and if anything, looks stronger and more stable an option than before.
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.
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