Rupert Murdoch, Tom Glocer support Microsoft-Yahoo merger

May 29, 2008

Two media titans, Rupert Murdoch and Tom Glocer, the head of Thompson Reuters, said they support a partnership between computer giant Microsoft and Internet giant Yahoo, after a deal between the two companies fell apart in April.

"I think they need each other," Glocer said at a digital media conference organized here by The Wall Street Journal. "I think it makes a lot of sense. One way or another, I'd be surprised if there wasn't some way to make that happen."

For his part, Murdoch said he could not understand why the deal fell through, but noted that Yahoo founder Jerry Yang is "emotional about his company."

"Microsoft came up with a price, which the vast majority of the shareholders said 'give me quick,' he managed to hold them off. And Microsoft, who is not used to buying big things, they backed off," he said.

"They will try to find some other way to do things, buy search," Rupert added.

Murdoch also said he would not be surprised by a deal between Yahoo and search giant Google, "but there is a huge regulatory risk for everybody."

Microsoft says it broke off takeover talks in late April after it upped its February 1 bid of 44.6 billion dollars by three billion dollars and Yahoo's board still wanted more.

(c)2008 AFP

Explore further: Rupert Murdoch wants Facebook to pay for news

Related Stories

Rupert Murdoch wants Facebook to pay for news

January 26, 2018

Media mogul Rupert Murdoch has seized the moment and weighed in as Facebook struggles to deal with the aftermath of its role in the spread of fake news that affected the U.S. presidential election: He wants Facebook to pay ...

News Corp, Microsoft hold talks on Google: report

November 23, 2009

Microsoft has held talks with Rupert Murdoch's News Corp over a possible plan for the software giant to pay the media company to remove its news websites from Google, a report said Monday.

Recommended for you

1 in 3 Michigan workers tested opened fake 'phishing' email

March 16, 2018

Michigan auditors who conducted a fake "phishing" attack on 5,000 randomly selected state employees said Friday that nearly one-third opened the email, a quarter clicked on the link and almost one-fifth entered their user ...

Origami-inspired self-locking foldable robotic arm

March 15, 2018

A research team of Seoul National University led by Professor Kyu-Jin Cho has developed an origami-inspired robotic arm that is foldable, self-assembling and also highly-rigid. (The researchers include Suk-Jun Kim, Dae-Young ...

Tokyo Tech's six-legged robots get closer to nature

March 12, 2018

A study led by researchers at Tokyo Institute of Technology (Tokyo Tech) has uncovered new ways of driving multi-legged robots by means of a two-level controller. The proposed controller uses a network of so-called non-linear ...

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

not rated yet Jun 03, 2008
Maybe Yang knows that the majority of employees who build the company on open source technology don't want to work for micro$oft the most hated company (and for good reasons) in Open Source community. For many people ideals ARE important. I know I would never work for those a$$holes. Money aren't THAT important, ideals, ambitions and self-respect are worth alot more imho.

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.