Disney--A friend of Friendster's?

We know that Friendster hired a boutique investment firm earlier this year to shop the social networking site around to a buyer, according to a report here. The move made sense given that Friendster faces tough competition from rising star MySpace. But now, Friendster has apparently drawn the fancy of Mickey Mouse.

Media giant Disney has shown interest in the company, according to sources. It's unclear, however, if Disney has backed away from the table, they say. But whatever the case, traditional media companies like Disney have once again been investing in and buying up Internet properties to build out their operations online.

A Friendster representative said via email that the company could not comment on details of any conversations. But added: "There is a lot of interest in Friendster right now." Disney declined to comment.

Tech Culture
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    Stefanie Olsen covers technology and science.


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