Although this is the first time I've heard of Hulu, I'm sure its not the first time most readers have heard of Hulu. A joint venture by NBC and NewsCorp provide its tv shows, moves and mashups of AOL (TWX), Comcast (CMCSA), MSN (MSFT), MySpace, and Yahoo (YHOO). Some of the shows and movies that will be available are shown on Hulu's main page of their site. Some include Hero's, Conan, Arrested Development, 24hrs and Battlestar Galactica. I've already signed up to be apart of their beta, you can too by visiting their main page at http://www.hulu.com

Read the full article at newteevee.com

I don't why Yahoo! has MySpace on their mind. As it has already peak above all the other free social networks. A better candidate that seems to be growing steadily is FaceBook!

Yahoo! in Talk to Buy MySpace: Is That a Good Idea Nowadays? -
Well this is big. Apparently, Yahoo! has discussed buying MySpace from News Corp in a bid to save itself from irrelevance. In return, News Corp. would get 30 percent of the newly combined Yahoo!+MySpace. Or, in dollar amounts, News Corp would cash in to the tune of $11.1 billion. Considering Murdoch and Co. bought MySpace for $650 million, I’d say that’s a deal and a half. Too bad Yahoo!’s recent restructuring puts the deal, if there ever really was one, in jeopardy.
But you know what? A lot of us here think that buying Facebook is the better move for Yahoo! Let’s admit it: MySpace simply isn’t what it was two years ago and all the momentum in the world appears to be behind Facebook. Its community is just what advertisers love—kids with cash to burn—and the site isn’t a disaster to read like MySpace can be.
News Corp explores swap of MySpace site for Yahoo! stake [TimesOnline]

[CrunchGear]