Yahoo in talks to buy NDN video

April 1, 2014

US Internet giant Yahoo is in talks to buy the online video service NDN, which could help it compete with YouTube, The Wall Street Journal reported Monday.

Yahoo could pay $300 million in the deal for News Distribution Network, according to unnamed sources cited by the Journal.

A Yahoo spokeswoman declined comment. And NDN did not immediately respond to requests for comment.

Video is one of the pillars of Yahoo CEO Marissa Mayer's strategy to boost the company's growth.

It could be Yahoo's second largest acquisition under Mayer, the report added. Last year, Yahoo bought Tumblr for $1.1 billion.

Explore further: Yahoo! mulling major stake in video website Dailymotion

Related Stories

Tumblr founder to get $81M to remain at Yahoo

August 9, 2013

Yahoo's recently completed acquisition of Internet blogging service Tumblr includes an $81 million payment to Tumblr founder David Karp as long as he remains on the job for the next four years.

Yahoo CEO says company now has 800 million users

September 12, 2013

Yahoo CEO Marissa Mayer says the Internet company now has about 800 million worldwide users, a 20 percent increase since she was lured away from Google 15 months ago to steer a turnaround.

Yahoo mines recent acquisitions to boost revenue

January 7, 2014

Yahoo is leaning more heavily on its recent acquisitions of technology and talent to as CEO Marissa Mayer tries to attract more traffic and advertising to the Internet company's services.

Recommended for you

The ethics of robot love

November 25, 2015

There was to have been a conference in Malaysia last week called Love and Sex with Robots but it was cancelled. Malaysian police branded it "illegal" and "ridiculous". "There is nothing scientific about sex with robots," ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.