So what happened at Carl Icahn’s first Yahoo (NSDQ: YHOO) board meeting? Apparently the board authorized talks about a potential combination with AOL (NYSE: TWX). FT is reporting that while talks have been authorized, there’s nothing actually happening just yet. It’s not clear what the shape of a Yahoo-AOL combination would be, if it ever got to that. Back when Yahoo was scrambling for anything other than Microsoft (NSDQ: MSFT), in the spring, a variety of potential tie-ups were discussed. Meanwhile, Time Warner CEO Jeff Bewkes recently said that the ultimate fate of AOL would be known “soon,” and that a lot of talks remained ongoing. So if Yahoo—whose shares remained mired below $20—calls, he’ll surely pick up the phone.

• Good Luck, Carl: Yahoo’s New Board To Meet Next Week: Report
• Communacopia: TWX CEO Bewkes: All The Big Internet Players Still Talking