Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Technology News

 

Yahoo reportedly bids $800 million to acquire Hulu

1 Updates
Yahoo reportedly bids $800 million to acquire Hulu
 
 

YouTube Videos Comments

Full Story

Yahoo reportedly bids $800 million to acquire Hulu

Yahoo reportedly bids $800 million to acquire Hulu

Yahoo has recently acquired social blogging platform Tumblr, but as far as the Internet giant's ambition goes, it is not resting on its laurels yet. AllThingsD is reporting that Yahoo is bidding to acquire video streaming service company, Hulu.

Sources close to the situation said that Yahoo is willing to fork $600 million to $800 million, initially. Hulu, which is jointly owned by News Corp., Disney, and Comcast, would be a good pick for Yahoo. The company already lost a bid to acquire YouTube many years ago, and just recently, its effort for acquire a huge stake in the French video site, Dailymotion, was unfortunately stalled by the French government.

Sources added that the deal, should it succeed, will be about "control and price of the content." For now, the story remains floating like a dandelion, waiting to be confirmed. 

Source: AllThingsD

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.

 

 

Comments

blog comments powered by Disqus

Latest stories

Tampa Bay Buccaneers Trade for Rishaw Johnson
Tampa Bay Buccaneers Trade for Rishaw Johnson
The Tampa Bay Buccaneers got the o-line help they needed when they traded safety Kelcie McCray to the Kansas City Chiefs for guard Rishaw Johnson.
 
 
Windows 9 Set to be Divulged on September 30th
Windows 9 Set to be Divulged on September 30th
Microsoft Announces The Event "Threshold" Will Take Place.
 
 
Linda Cohn Files Lawsuit Against New York Ice Rink
Linda Cohn Files Lawsuit Against New York Ice Rink
ESPN broadcaster Linda Cohn is filing a lawsuit against a New York ice rink after a group of kids pushed a heavy coin machine which allegedly fell on her, resulting in a huge gash that required 25 stitches.
 
 
Nick Cannon Admits He and Wife Mariah Carey are Separated
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.