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Is Murdoch Foxing His Way Into Search?

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The Internet rumor mill is working overtime as forums light up with speculation about Fox Interactive Media's apparent interest in acquiring a search engine among other portals, especially after News Corp.'s $580 million purchase of Intermix Media, the owner of WebProWorld Murdoch is reported to be expressing regret in Fox's "benign neglect" of Internet opportunities and expects FIM to correct that neglect by encompassing all of the major media corporation's Internet development. When questioned about News Corp's offering of $3 billion dollars to acquire Internet telephone company Skype, Murdoch put those rumors to rest by saying the company wasn't interested in selling. He did say, however, that Skype was "not the only alternative." The buzz now is not so much about telephony services or highly trafficked social domains, but, as this

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