BBC News is reporting that "Google is said to be in talks with media group Time Warner about a stake in its internet service provider, AOL."

Parsons denies Google-AOL tie-up
http://news.bbc.co.uk/2/hi/business/4337022.stm
QUOTE
Time Warner's chief executive has denied reports that it may be about to sell a stake in its America Online (AOL) unit to Google and Comcast.

Found via Slashdot