MICROSOFT REFUTES REPORT OF MERGER DEAL WITH NBC
Microsoft Corp. denied a published report Monday that the
company is in talks with NBC regarding a "major equity" stake in
the network. Allison O'Brien, spokesperson for Microsoft, said
the report Microsoft "is involved in discussions to buy up to 49%
of NBC are not true." NBC also denied the report, but is
expected to announce plans for an all-news network by week's end
with Microsoft possibly holding a 50% stake in the channel (L.A.