MyBlogLog to be Acquired by in Acquisition Discussions with Yahoo

Update: One of Yahoo’s PR firms, OutkastPR, emailed us to say that this story is innacurate, and that Yahoo has not acquired MyBlogLog. We dug a little deeper with some insiders and it appears that Yahoo and MyBlogLog are in very early acquisistion discussions, and nothing more. Founder Scott Rafer was completely silent when asked about the rumors today – suggesting he didn’t mind getting all the press attention.

In the second social media acquisition by Yahoo! story in the last 12 hours, news has emerged that Yahoo! has agreed to acquire MyBlogLog. MyBlogLog is a blog community and analytics tool used here on TechCrunch (see sidebar) and many other blogs around the web. Just recently out of beta, the site gained traction in a hurry. We first profiled MyBlogLog in October. The company is rumored to have gone for about $10 million. Requests for comment haven’t been replied to yet.

Last night we also learned that Yahoo! has agreed to acquire online contest site Bix, a company led by Epinions founder Mike Speiser. Katie Fehrenbacher reports that Yahoo! has also confirmed today that they have acquired Swedish mobile company Kenet Works in a deal that closed several months ago. We’ve been told Yahoo! will come out with a monster release at CES in January as well.