At the D8 Conference, California, AOL's CEO Tim Armstrong, began negotiating a new search deal last week. AOL currently outsources search to Google.
Tim is just being coy. "AOL isn't negotiating a search deal. It's negotiating a sale." A "source familiar with Tim and AOL's strategic thinking suggests" that an "outcome of these negotiations could be AOL's sale to Microsoft," reports Business Insider. "And even if this informed speculation proves false, it's a fact that whoever does sign AOL to a long term search deal will've the inside track to an eventual acquisition."
"Seems very unlikely," said Matt Rosoff, an analyst at the Kirkland-based Directions on Microsoft research firm. "I've seen and heard these rumors on and off for years. It seems like it would be overkill if they're just trying to get a search deal."