Murdoch's Fox Interactive Media Needs a Shopping Search Engine After announcing the formation of Fox Interactive Media (FIM), Rupert Murdoch spent $580m to acquire Intermix, the owner of MySpace, the insanely popular (28m unique users) community site. He bid around $94m for a leading Australian real estate site, although the company recently rejected the bid. He acquired Scout Media. There … [Read more...]
Murdoch’s Fox Interactive Media Needs a Shopping Search Engine After announcing the formation of Fox Interactive Media (FIM), Rupert Murdoch spent $580m to acquire Intermix, the owner of MySpace, the insanely popular (28m unique users) community site. He bid around $94m for a leading Australian real estate site, although the company recently rejected the bid. [...]
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