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Jul 2 2008 8:08AM EDT

Idle Chatter: Microhoo Redux; No Ottoway Out

-Microsoft is planning to take another pass at Yahoo, provided it can convince Time Warner or News Corp. to partner in a bid. [WSJ]

-News Corp. has decided against selling the Ottaway group of community newspapers, which it acquired last year in its Dow Jones takeover. [E&P]

-Lists of Emmy finalists in a number of categories have been circulating on the internet. The nominees aren't supposed to be announced for another two weeks. [Variety]

-Rachael Ray is writing a memoir, and apparently making a pain of herself in the process. [E! Online]

-Nick Denton to Nick Denton: Great work, buddy! Keep it up! [Gawker]


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