LinkedIn, MySpace, Wall Street Journal and Fox News

The answer, of course, is News Corp.  Or maybe Rupert Murdoch.  This deal would put LinkedIn into the same position with MySpace as the Wall Street Journal finds itself in with Fox News.

VentureBeat » Source: Yes, LinkedIn and News Corp. are working on a deal

A rumor surfaced last week, in Techcrunch UK, that News Corp. is looking at buying business networking site LinkedIn.

A well-placed source has confirmed with us that these talks are serious. LinkedIn has declined to comment.

News Corp.’s strategy, from what we understand: Somehow integrate LinkedIn’s network with the Wall Street Journal as well as its other newspapers around the world, hopefully figuring out how to recoup News Corp.’s newspapers’ declining classified ad revenue in the process.

Published in: on November 28, 2007 at 5:46 pm  Comments (2)  

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2 CommentsLeave a comment

  1. very interesting, but I don’t agree with you

  2. Linked in is a surprisingly useful site and is meant for business professionals.

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