Rumor: News Corp. in buyout talks with LinkedIn

TechCrunch UK is reporting an "unconfirmed rumour" that the LinkedIn business social network is in talks with News Corp. about a possible buyout in January 2008.

Here's a little something to chew on along with your Thanksgiving turkey and pumpkin pie. TechCrunch UK is reporting an "unconfirmed rumour" via a "well-placed" and "reliable" source that the LinkedIn social network is in talks with News Corp. about a possible buy out in January 2008.

That, of course, would put both LinkedIn--considered a sort-of MySpace for the grown-up business set--and MySpace itself under Rupert Murdoch's same corporate entity.

LinkedIn, an increasingly competitive player in the social media market, recently started allowing its members to upload a photograph to accompany their profiles and--a la Facebook-- opened up an application programming interface to allow third-party developers to contribute to the site.

We'll take a closer look at the News Corp./LinkedIn-acquisition rumor post-Turkey Day.

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Michelle Meyers, associate editor, has been writing and editing CNET News stories since 2005. But she's still working to shed some of her old newspaper ways, first honed when copy was actually cut and pasted. When she's not fixing typos and tightening sentences, she's working with reporters on story ideas, tracking media happenings, or freshening up CNET News' home page.

 

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