After initial scepticism, Mr Murdoch embraced the internet and MySpace
MySpace, the internet site that lets users build their own homepage, plans to auction off its search function to either Google, Yahoo or Microsoft.
Chief operating officer Peter Chernin unveiled the plans during a talk that was broadcast over the internet.
MySpace was bought by News Corporation for $580m (£315m) last year and Rupert Murdoch's firm has been looking at ways of earning cash from its investment.
source/full story: news.bbc.co.uk/1/hi/business/5078290.stm
MySpace, the internet site that lets users build their own homepage, plans to auction off its search function to either Google, Yahoo or Microsoft.
Chief operating officer Peter Chernin unveiled the plans during a talk that was broadcast over the internet.
MySpace was bought by News Corporation for $580m (£315m) last year and Rupert Murdoch's firm has been looking at ways of earning cash from its investment.
source/full story: news.bbc.co.uk/1/hi/business/5078290.stm
