04:42 PM
Jake Widman
Jake Widman
Connect Directly

Yahoo White Knights: NewsCorp Says No, Time-Warner Says Maybe, CNET News

In separate addresses at the Bear Stearns Media Conference in Palm Beach, FL, News Corporation CEO Rupert Murdoch said he didn't want to go up against Microsoft, while Time Warner CEO Jeff Bewkes declined to rule out a possible AOL-Yahoo partnership.News Corp had been mentioned as a possible savior for Yahoo, but Murdoch threw cold water on the speculation. "It would be fun to beat Microsoft," he said. But "we're not going to get into a fight with Microsoft. They've got a lot more money than us." He acknowledged the attraction of a possible alliance between the two compani--"I think that some deal would have been nice," he said--but focused on the competition from Microsoft. "It's not that they wouldn't do something," said Martin Pyykkonen, a Global Crown Capital analyst who covers News Corp and Yahoo. "It's just that he said he's not going to chase them or get in a bidding war with Microsoft over Yahoo."

Bewkes, on the other hand, declined to rule out a move that would make AOL "stronger." He acknowledged that a Microsoft-Yahoo combination would present a formidable rival for AOL, but said it would also "verify the value" of AOL's "Platform A," which allows advertisers to buy ads across AOL's ad network, including, CNET News

Comment  | 
Print  | 
More Insights
IT's Reputation: What the Data Says
IT's Reputation: What the Data Says
InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Must Reads Oct. 21, 2014
InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A roundup of the top stories and trends on
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.