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CNBC's Schacknow: It's Good To Be Good; It's Better To Be Lucky

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Published: Wednesday, 7 Feb 2007 | 3:01 PM ET
Peter Schacknow By: | Senior Producer, CNBC

News Corp.'s Web network MySpace has been in talks for several months with online auction company eBay about a partnership, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The idea is to let MySpace users buy and sell items from each other using eBay's online-commerce technology and its PayPal payment system, the Journal said, adding that MySpace users would be able to post items for sale on their profiles, and their eBay auctions would be automatically updated, according to a person close to the discussions.

Officials from MySpace and eBay were not immediately available to comment.

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In the “never a dull moment” world of the breaking news desk, we quickly learn that we can’t control when the news breaks, only what we do with it when it does. Sometimes, the fates conspire to make the process as easy as running uphill on an oil slick. Other times, however, we catch a break that makes us look absolutely brilliant....
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