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  Update: Microsoft, Yahoo reportedly in talks
Time: 08:15 EST/13:15 GMT | News Source: Seattle PI | Posted By: Kenneth van Surksum

The on-again, off-again talks between Yahoo and Microsoft are reportedly on again, with Microsoft willing to pay $20 billion for Yahoo's search business, according to the Times of London.

Microsoft representatives could not be immediately reached for comment late Saturday evening.

Still, the arrangement reportedly under discussion would mesh with what Microsoft executives have said publicly in recent months: While Microsoft is no longer interested in purchasing Yahoo, it is open to some sort of search partnership.

As recently as two weeks ago, Microsoft CEO Steve Ballmer described such a partnership as an "interesting possibility," although he said no talks were ongoing.

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