Reuters scoops on Yahoo, Microsoft discussing AOL deal; shares jump

Shares of Time Warner, Yahoo and Microsoft rose 4 percent on July 15 after a Reuters scoop on a possible deal for Time Warner’s AOL ahead of a pivotal Yahoo shareholders meeting. The report was picked up with full credit to Reuters by top technology and media blogs TechCrunch, Silicon Alley Insider and paidContent.org as well as Bloomberg, Dow Jones Newswires and MarketWatch. The Wall Street Journal managed to match the Reuters story 15-hours later.