Google & MySpace...
Read this at Om Malik's , who in turn is quoting Robert Young's article in wired magazine who in turn is quoting what Rupert Murdoch is claiming ;-). The story goes like this - Google could have bought MySpace for $290m which Rupert Murdoch later bought for $580m. Now MySpace creates lots of search traffic which in turn contributes to around 8% of google's incoming traffic which in turn means $400m for google in terms of annual revenue. And now MySpace wants to put their search business on auction on per year revenue share basis. So google may have to lose out a big chunk of that $400m every year. Now, I remember participating in some survey by Yahoo where they indicated about doles to be given out if the participants use Yahoo search as the default. It hadn't worked, at least for me (how do you show that smiley with tongue wagging!). Google is now an addiction for me and I am sure for many others. Like on Mondays and Tuesdays, nobody needs to remind me now to wear a t...