The Wall Street Journal is reporting that Microsoft is still in talks with several partners to acquire and distribute the assets of Yahoo!. Time-Warner and News Corp are mentioned in the article, which was posted to the WSJ online edition late Tuesday evening. The report went on to say that talks were preliminary and were unlikely to result in a deal for Yahoo.
Earlier Tuesday, Microsoft confirmed they have reached an agreement to acquire San-Francisco-based Powerset. Powerset recently launched with a search of Wikipedia.