> Update: 11:30am: After making some calls this morning, it seems this story is no different than the typical rumors that bubble up every few months. “It could happen in six months or it could happen in six years” — but not immediately, a source cautioned.

“Microsoft and NBC Universal are in advanced discussions about a deal that could result in NBC taking full control of the cable news network MSNBC,” the NY Post scoops this morning. “The two sides are discussing a deal in which NBC Universal would take over Microsoft’s stake in the venture, while Microsoft would maintain access to some of NBC’s content for use over the Internet, sources told The Post.”

> “Microsoft has already been moving to shed some of its non-core assets, moving away from its media and Internet holdings,” CNN/Money says.