Rumor: News Corp. To Acquire LinkedIn?
Mike Butcher of TechCrunch UK is reporting a story that News Corporation may acquire LinkedIn.Â Butcher mentioned that nothing is official, but his source is someone close to the matter.Â This deal would indicate that News Corp. really wants to grow up from their reality shows on FOX and their notorious MySpace social network.
News Corp. made a $5 billion acquisition offer for Dow Jones, parent company of The Wall Street Journal.Â And Rupert Murdoch, chairman of the media company specifically mentioned that he would want to make WSJ.com available for free.Â Integrating LinkedIn with the Wall Street Journal could be an interesting synergy if there is any viability to this rumor.
More details on this rumor after Thanksgiving.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry