Hi ThinkMobile readers - all the great mobile apps, devices and reviews are now a part of mediabistro's SocialTimes.com. Thanks for reading!

Yahoo Unlikely to Buy AOL

AOL_Home_Page.jpg

Remember that whole Yahoo-May-Buy-AOL thing? It never looked all that likely to us to begin with, and now it’s even less so. Reuters reports that Yahoo is unlikely to get into a bidding war over AOL with Microsoft because if Microsoft gets in the way, Yahoo could instead renew talks over News Corp‘s Web properties, a person with knowledge of the plans said:

“Yahoo, seeking to shape an independent growth strategy after rebuffing Microsoft’s bid to take it over, has kept in contact with News Corp,” the source said in the report; the same source indicated that discussions with Time Warner about AOL appeared further along. But Rupert Murdoch, head of News Corp, said recently that a deal between his company—which owns the popular MySpace online social network—and Yahoo was “very unlikely.” All of this adds up to a net change of zero, in other words.

Related Stories
Mediabistro Course

Social Media 201

Social Media 201Starting October 13Social Media 201 picks up where Social Media 101 left off, to provide you with hands-on instruction for gaining likes, followers, retweets, favorites, pins, and engagement. Social media experts will teach you how to make social media marketing work for your bottom line and achieving your business goals. Register now!