Yahoo and Time Warner have spent the weekend in talks meant to accelerate a possible merger between the search engine giant and Time Warner's AOL division, says Britain's Times newspaper. Pointing only to insider sources, the publication claims Yahoo was in talks over the Independence Day weekend to speed up exploring the revived AOL deal as well as other options. Yahoo is allegedly eager to have some form of alternative deal to a Microsoft buyout of its search business in time for a crucial August 1st Yahoo shareholder's meeting.
The company is said to be worried about Microsoft taking its search business as it has no way to gauge its worth as just a content service, the paper claims.
Read more: electronista.com
