“…the company’s recent moves show that a transformation, or at least a refocusing, may be in the works. Amazon may be signaling that it sees its future more as a river of bits than as a river of goods.”

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“the two are talking about a swap where News Corp. offers up MySpace and the rest of its Web properties, along with some cash, for a Yahoo equity stake. An “unnamed private equity fund” would also join in (Quadrangle?).”