• Détente? The feuding between Fox News and MSNBC has grown so fierce that News Corp.'s Rupert Murdoch and GE's Jeff Immelt met up recently "to figure out how to defuse tensions between the two channels." [LAT]
• The Boston Globe reports that two groups of investors have submitted preliminary bids to buy the newspaper from the New York Times Co. [AP]
• Breathe easy: Oprah has not been harmed. The suspicious package outside Winfrey's Harpo Studios this morning turned out to be harmless. [AP]
• All that idiocy on Lou Dobbs' part over the past couple of weeks hasn't done much to boost his ratings on CNN. His numbers continue to fall. [NYO]
• Those McKinsey consultants are paying off! Editors at Condé Nast were told yesterday they'll no longer be reimbursed for newspapers. [Daily Intel]

• The Wall Street Journal is launching a "LinkedIn killer." [TechCrunch]
• More on the recent shakeup at Rodale and departure of its CEO. [NYP]
• The Washington Post posted a second quarter profit of $11.4 million. [WSJ]
• Steve Ballmer's been on the defensive in recent days about Microsoft's search and ad deal with Yahoo; he's holding firm that it's a "win-win." [NYT]
• What's really popular with Hollywood producers these days? Scary disaster scripts and takes of the post-apocalyse, that's what. [WSJ]
Bill Hemmer on his career, favorite places to go out drinking. [TONY]