Yahoo! to buy MySpace?

Rumors are saying that Yahoo! wants to buy MySpace from News Corp, in exchange for a 25% stake of itself. I'm quite curious on how will this reflect on Yahoo! stocks today, since I imagine that most investors that aren't that well into technology will think that the over-hyped MySpace is a good target, even if those who are more insighted on the social networking world see that the deal would be really bad for Yahoo!, specially because of the late boom of Facebook, that some people already predict that will overcome MySpace.

BTW, Yahoo!'s market capitalization was $37 billion at close yesterday, meaning a quarter stake in the firm would be around $12.3 billion.

Warner might raise offer for EMI

After Terra Nova doing an offer to EMI that was accepted, EU regulator frees Warner Music to raise offer for EMI, which I find odd. Anyway, the stock market is already waiting for a new bid from Warner, so I guess we'll have more news on this issue preety soon.

So, what do I find of this? Well, while some think that Terra Firma's guidance is going to be worse than nowadays EMI, at least I think that nothing worse than being bought by Warner could happen. What would be trully great was if somebody else took them. Since that seems improbable, let's just hope that Warner stays quiet.