Rupert Murdoch is considering a £500 million deal to buy corporate networking site LinkedIn, according to yesterday’s Sunday Express. The UK paper said that preliminary talks between the News Corporation chief executive and LinkedIn CEO Dan Nye began three weeks ago. However, last week Nye said that offers would not be considered unless they were in excess of $1 billion, which happens to be £486 million. This is just the latest in a long line of stories on this matter.
I’d be more excited about this potential confirmation of my original story (the one which kicked off all the follow-up reports) were it not for the fact that only the Sunday Express, possibly one of least heavy-weight UK Sunday newspapers, is confirming it. But it seems that there are just too many other media outlets turning up this story at the moment for it not to have validity.