(Reuters) - * Negotiators reached an agreement in principle on
protecting the editorial independence of The Wall Street
Journal, an important step toward a purchase by the News Corp.
of the Journal's owner, Dow Jones and Co. Inc. ,
people briefed on the talks said.
* In a move to challenge Google Inc.'s YouTube,
News Corp.'s MySpace plans to rename and refurbish its
video-sharing service on the popular social network. The new
service, called MySpace TV, will be set up as an independent
Web site that people can visit to share and
watch videos.
Read more at Reuters.com Mergers News
protecting the editorial independence of The Wall Street
Journal, an important step toward a purchase by the News Corp.
of the Journal's owner, Dow Jones and Co. Inc. ,
people briefed on the talks said.
* In a move to challenge Google Inc.'s YouTube,
News Corp.'s MySpace plans to rename and refurbish its
video-sharing service on the popular social network. The new
service, called MySpace TV, will be set up as an independent
Web site that people can visit to share and
watch videos.
Read more at Reuters.com Mergers News
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