Sunnyvale, CA – According to the Wall Street Journal, senior executives of Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) met on Monday to discuss Microsoft’s takeover over the internet giant. It was the first face-to-face meeting between the two since Microsoft’s unsolicited bid on January 31, the WSJ says.

Los Angeles - News Corp.'s (NYSE: NWS) MySpace this week announced plans to host a concert in Kuwait for U.S. troops that will feature performances from Jessica Simpson, the Pussycat Dolls, Disturbed, Filter and DJ Z-Trip. The March 10 concert, produced with the Department of Defense's Armed Forces Entertainment and America Supports You program, will be webcast live at the Operation MySpace website. MySpace also intends the site to be a hub where troops' families and friends, as well as the entire MySpace community, can post videos and messages of support via a video blog. MySpace will also produce a one-hour version of the three-hour concert for national broadcast on FX on April 12.

A “small chemical explosion” at News Corp’s (NYSE: NWS) NYC headquarters injured one person, a New York Fire Departments spokesman said, Reuters reported. The explosion evacuated “hundreds” of employees from floors 42-45, the building’s top levels, and the NYFD spokeman said the victim’s injuries were “minor.” The explosion, according to the report, occurred in a 45th floor equipment room, and was accidental.

Adelaide, Australia - News Corp. (NYSE: NWS) chairman Rupert Murdoch, whose company is acquiring Dow Jones & Co. (NYSE: DJ), publisher of The Wall Street Journal, said on Tuesday that he intends to abandon the subscription model on the paper's website -- which recently hit a million subscribers -- in favor of a free, advertising-supported model, the Associated Press reported.

After a tight first round last week in which Jeff Bezos, Steve Jobs, Satoru Iwata, Rupert Murdoch, and Google’s Sergey Brin & Larry Page went head to head for the title of “The Most Powerful Player Today in Media, Entertainment, & Technology,” the readers responded with resounding support for Murdoch and Jobs.  Advancing them to the final round, take our new poll and tell us what you think.  And if you think neither is worthy of the title, or if you have a strong opinion why you chose one over the other, leave a comment and let us know.  Steve Hawley had the comment of the week last week when he wrote:

Los Angeles - News Corp.'s MySpace and Fox Broadcasting units announced on Thursday that they have partnered with the Producers Guild of America, on a contest that will seek online submissions of TV pilots from aspiring producers and award two the opportunity for a development deal with Fox.

Career Moves is made possible by @HIRE.
Microsoft Corp. today announced that Katherine Styponias will join the Media & Entertainment Group as general manager, where she will lead the business development team working with major content suppliers. Styponias joins Microsoft from Prudential Equity Group LLC, where she served as senior vice president and the senior cable, entertainment and satellite equity analyst.

London - News Corp.'s MySpace online social network on Thursday launched a version of its site in France, as part of the company's roll-out of foreign language sites catering to overseas markets, Reuters reported.