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Quick Hits: Holiday Round-up

»  MySpace (NSDQ: NWS) is looking to restructure its search ad partnership with Google (NSDQ: GOOG) by including Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) as the social net tries to find a way to compensate for traffic declines, which has hampered its ability to meet the benchmarks laid out in its original deal. [WSJ]

»  Apple (NSDQ: AAPL) is likely to spoil Sun Valley