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TechCrunch: Yahoo! wants FoxyTunes
By Globes' correspondent and Michal Yoshai
Jan 20, 2008, 15:40
"TechCrunch" reports rumors circulating Silicon Valley that Yahoo! Inc. wants to acquire Israeli start-up FoxyTunes Ltd.. "TechCrunch" did not mention a price tag.
"TechCrunch says, "The FoxyTunes core service is a Firefox plug-in that allows users to control their favorite media players from the browser. It has a small but loyal following who also use their tangential services (an email/blog signature tool and FoxyTunes Planet, a site that aggregates music information). The acquisition makes some sense given Yahoo recent overt signals that they are shaking things up in music. Last week they launched a new, stripped down, easy-to-use web based MP3 player as well. The technology that FoxyTunes has created could certainly be used to further that agenda."
"TechCrunch" said that FoxyTunes would not return e-mails asking about the report and that Yahoo! also chose not to comment.
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