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- Why Google wanted to lose wireless spectrum auction
- iPhone shortage fuels rumors of imminent 3G phone
- XP for cheap PCs: a second crack in the wall
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December 07, 2006 | Comments: (0)
Purge-Binge: Yahoo chases MetaCafe?
According to an unconfirmed report on Web site Ynews, Yahoo Inc. may be in discussions to buy Israeli based Video sharing site MetaCafe for a reported $200 to $300 million. Yahoo representatives contacted by InfoWorld declined to comment on the report, which was opined about on TechCrunch, saying they don't comment on rumor and speculation.
If the report is true and Yahoo can seal the deal with MetaCafe (a reported problem for the company with past deals) would give Yahoo an established video sharing site with over 17 million unique visitors a month and 400 million video views, according to MetaCafe figures.
That would take the bad taste out of Yahoo's mouth that's lingering from Google's nabbing of YouTube, the bru ha ha over the Peanut Butter Memo and more recent board room shakeup.
Still, let's not get ahead of ourselves. This is still at the "unconfirmed report" stage. More to come.
Posted by Paul Roberts on December 7, 2006 01:30 PM
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