News.blog | CNET News.com: "A Yahoo acquisition of social-networking site Facebook could be a boon for both companies,analyst Mark May of Needham & Co. says.
The Wall Street Journal (subscription required) and MarketWatch (both are Dow Jones publications) have reported that Yahoo is talking with Facebook about buying it for as much as $1 billion. Both cite unidentified sources close to the companies.
A Yahoo spokeswoman said the company does not comment on rumors, and Facebook did not reply to an e-mail seeking comment. "
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