Though the rumors have started now, Couric's exit could take nine months.
In the media glare: Who's buying Yahoo?
Yahoo and Time Warner are reportedly close to a deal that
Yahoo with the media giant's AOL Internet division. Meanwhile, News Corp. is
reportedly in talks
with Microsoft to join in its bid for Yahoo, which
would combine Yahoo, Microsoft's MSN, and MySpace into an Internet behemoth.
Also of note: Yahoo is in discussions
to carry search-driven advertisements from Google.
The Wall Street
Ellen Asmodeo-Giglio publisher of its new weekly magazine WSJ., which will launch Sept. 6.
Dan Rather's lawsuit against CBS is dismissed,
On-air host Randi Rhodes quits
The editor of Newsweek.com takes a buyout.