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  New Microsoft bid for Yahoo's search business
Time: 15:11 EST/20:11 GMT | News Source: PC Advisor | Posted By: Kenneth van Surksum

Microsoft could team up with Time Warner and Rupert Murdoch's News Corp in a new bid to acquire Yahoo's search business, according to the Wall Street Journal.

The newspaper claims today that Microsoft wants to acquire Yahoo search, with the partner, likely a media company, taking the rest of Yahoo's business. CEO Steve Ballmer called Yahoo chairman Roy Bostock and arranged a meeting set for Monday, but that meeting was cancelled, the Journal reported, citing people familiar with the situation.

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