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MySpace looking for search/ad partner

News Corp. is reportedly in talks with both Google and MSN to provide search as well as advertising on its popular MySpace social networking service. Such a deal would be huge for the eventual winner since that's a whole lot of new sites their ads would be served up on. It would aslo be a windfall for News Corp. since they could pretty much write their own terms and either company would be falling over itself to agree to those terms. The MySpace crowd, which is made up mostly of active young adults, would be an incredibly lucrative one to advertisers. Having access to that group of users would have the effect of either cementing Google as the number one search advertising network in the world or lending instant credibility to Microsoft's nascient network.

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