Google lands huge deal
The search company agrees to pay News Corp. at least $900 million to power the search functions on MySpace and other Fox Interactive Media properties, such as videogame site IGN.com. There had been a bunch of speculation on which of the major search companies would be getting the sought-after business for the social networking site. Is it just me or is that an awful lot of money for a site that's had trouble figuring out how to attract advertisers?
5:29 PM Monday, August 7 2006 • Link
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