Within a week of buying Tumblr, Yahoo joins Time Warner in race for Hulu
The online video service, founded in 2007, allows users to watch TV shows
After this week's acquisition of blog site Tumblr, Yahoo is reportedly moving to buy online video service Hulu, in what might be the latest tech bidding war.
According to the Wall Street Journal, the web giants submitted a bid yesterday.
Yahoo, which formally announced the $1.1 billion (£725 million) deal to buy Tumblr on Monday, has declined to comment on the reported offer.
Hulu is co-owned by Disney, News Corp and Comcast, and is also reportedly coveted by Time Warner, News Corp executive Peter Chernin, satellite operator DirecTV, talent agency William Morris and two investment firms: Guggenheim Digital Media and KKR.
Offering more than 70,000 full TV episodes, including the current seasons, it was founded in 2007.
Yahoo made a first unsuccessful attempt to buy the company in 2011, when Hulu had recruited Morgan Stanley to find a buyer.
The potential bidding war comes a day after the race to acquire the crowdsourced GPS app Waze hotted up with Apple, Facebook and Google all said to be in the running.
Other unknown companies are expected to be among the bidders, with the estimated price for the app currently “as much as $1 billion (£662 million)”.
Life & Style blogs
Men in crop tops seem to be trending thanks to Kid Cudi, the social media and the catwalk
What is ALS and the Ice Bucket Challenge?
Greggs Google fail: bakery falls afoul of search engine's algorithms with 'unofficial' logo
Anal sex study reveals climate of 'coercion'
Is this the end of apps? New research says a third of us don't bother to download
Isis threat: Cameron wants an alliance with Iran
Crisis? What crisis? A visiting US doctor gives the NHS a rave review
Ukip MEP calls for reintroduction of death penalty on fiftieth anniversary of last deaths
Russell Brand calls for Israel boycott: Comedian urges big businesses that 'facilitate the oppression of people in Gaza' to pull funding
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
World peace? These are the only 11 countries in the world that are actually free from conflict
- 1 Three of Pope Francis' relatives die in Argentina car crash, including two young great-nephews
- 2 Michael Brown shooting: Amnesty International sends team within US for first time as National Guard deployed
- 3 Here’s the damning letter Robin Williams wrote to his Mrs Doubtfire co-star's principal after they expelled her
- 4 Ferguson protests: 90-year-old Holocaust survivor Hedy Epstein ‘arrested’ by police during St Louis demonstrations
- 5 Cilla Black defends Cliff Richard: 'I am positive that the allegations are without foundation'
iJobs Gadgets & Tech
£60000 - £65000 per annum + Benefits + Bonus: Harrington Starr: C# .NET Develo...
£45000 - £60000 per annum + Benefits + Bonus: Harrington Starr: Front End Deve...
£30000 - £33000 per annum + Benefits + Bonus: Harrington Starr: Junior DBA (SQ...
£45000 - £75000 per annum + BONUS + BENEFITS: Harrington Starr: Harrington Sta...