Now there are reports that Rupert Murdoch and his News Corp are involved in talks about a possible deal with Yahoo.
It is reported that News Corp would combine MySpace and other internet properties with Yahoo, but not all of the News Corp Internet properties. News Corp would also give 15 billion dollars to Yahoo and News Corp would own at least 20 percent of Yahoo. There are also reports that with this plan Google could also become involved with an advertising arrangement.
It is being reported that this isn't something that just happened but that News Corp and Yahoo have been having talks about this for 18 months. However things have become more serious after the Microsoft bid.
There are some who don't believe this is all that serious and is an effort to try to get Microsoft to increase their bid.
This continues to get more complicated. Here are some articles with more details:
News Corp and Yahoo: how a tie-up could work | Media | guardian.co.uk
News Corp in deal talk with Yahoo: reports | Reuters