Microsoft Meets With AOL to Explore Possible Deal

Software giant is seeking an alternative to Yahoo
By Dustin Lushing,  Newser Staff
Posted Jul 16, 2008 3:11 PM CDT
The Yahoo logo    (AP Photo/Mark Lennihan, file)
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(Newser) – Microsoft will sit down today with executives from Time Warner's AOL to explore a joint venture between the two companies, reports the Wall Street Journal. The software giant is looking for alternatives to its failed Yahoo buyout. Microsoft and Time Warner have been considering a deal for months, though no specifics have been ironed out. Yahoo, meanwhile, is pursuing its own talks with AOL as it fights off a hostile takeover attempt led by Carl Icahn.