Advertisement
Australia markets closed

  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     

  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     

  • AUD/USD

    0.6498
    +0.0009 (+0.14%)
     

  • OIL

    82.81
    -0.55 (-0.66%)
     

  • GOLD

    2,327.40
    -14.70 (-0.63%)
     

  • Bitcoin AUD

    98,634.99
    -3,370.02 (-3.30%)
     

  • CMC Crypto 200

    1,384.69
    -39.41 (-2.77%)
     

  • AUD/EUR

    0.6071
    +0.0014 (+0.24%)
     

  • AUD/NZD

    1.0945
    +0.0015 (+0.14%)
     

  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     

  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     

  • DAX

    18,088.70
    -48.95 (-0.27%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

Yahoo in talks to buy NDN video: report

AFP
Yahoo Inc., eager to strengthen its video streaming activities, is close to buying the Israeli startup firm RayV, report says

US Internet giant Yahoo is in talks to buy the online video service NDN, which could help it compete with YouTube, The Wall Street Journal reported.

Yahoo could pay $300 million in the deal for News Distribution Network, according to unnamed sources cited by the Journal.

A Yahoo spokeswoman declined comment. And NDN did not immediately respond to requests for comment.

Video is one of the pillars of Yahoo CEO Marissa Mayer's strategy to boost the company's growth.

It could be Yahoo's second largest acquisition under Mayer, the report added. Last year, Yahoo bought Tumblr for $1.1 billion.