Tokyo
let me just say this.
ITS NOT LOOKSMART
There is one thing Murdoch and NEWS do very well......that is to buy "market share" at a good price.
He is rumoured to have offered Skype....$3 billion dollar
Skype has what Murdoch wants......users.
Looksmart had 350000 unique users of ALL their sites in June.
That is 350000
Skype.....has over 50 million.
Murdoch has never worried about taking losses initially....ala BskyB etc
BUT.....he wants eyeballs.
End of story.
LOOK offer nothing to News.........NO eyeballs
NO technology
NO customer baser
NO partner base
Do you think LOOK is growing its business if its Q3 guidance is 30% LESS then its Q2 result?
I rest my case
Oh......and Murdoch is NOT stupid.
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