The latest variation on the Microsoft-Yahoo theme comes courtesy of the Wall Street Journal, which is reporting that Microsoft (NSDQ: MSFT) is looking for lab partners in some kind of Yahoo dissection. Microsoft has talked to News Corp (NYSE: NWS) and Time Warner (NYSE: TWX) about possible partnerships, says WSJ; no one seems to actually expect those chats to pan out. Then again, Yahoo is ...

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Asked during a press call today about cooling talks with Yahoo (NSDQ: YHOO), News Corp (NYSE: NWS) COO Peter Chernin replied quickly: "Saying talks have cooled overstates them ... I'm not sure I would ever characterize (conversations) as 'talks.' As for Microsoft (NSDQ: MSFT), "we're not in discussions with Micrsoft. We talk with everybody in the space." When it came up again, Chernin said, "I ...