Seems like live messenger is connected to Yahoo as of today.


  source:
  http://www.microsoft.com/presspass/press/2006/jul06/07-12IMInteropPR.mspx



  Yahoo! and Microsoft Bridge Global Instant Messaging Communities


    Beta testing of unprecedented interoperability between Windows Live
    Messenger and Yahoo! Messenger with Voice lets users communicate
    across IM services.


*SUNNYVALE, Calif., and REDMOND, Wash. — July 12, 2006 — *Yahoo! Inc. 
(Nasdaq: “YHOO”) and Microsoft Corp. (Nasdaq: “MSFT”) today will begin 
limited public beta testing of interoperability between their instant 
messaging (IM) services that enable users of Windows Live^® Messenger, 
the next generation of MSN^® Messenger, and Yahoo!^® Messenger with 
Voice to connect with each other. This interoperability — the first of 
its kind between two distinct, global consumer IM providers — will form 
the world’s largest consumer IM community, approaching 350 million 
accounts.^1

Consumers worldwide from Microsoft and Yahoo! will be able to take 
advantage of IM interoperability and join the limited public beta 
program. They will be among the first to exchange instant messages 
across the free services as well as see their friends’ online presence, 
view personal status messages, share select emoticons, view offline 
messages and add new contacts from either service at no cost.^2 Yahoo! 
and Microsoft plan to make the interoperability between their respective 
IM services broadly available to consumers in the coming months.

“This first-of-its-kind interoperability between consumer IM leaders 
Microsoft and Yahoo! gives our customers tremendous control, convenience 
and freedom in their Web communication experiences with Windows Live,” 
said Blake Irving, corporate vice president, Windows Live Platform at 
Microsoft. “We’re proud to deliver this latest advancement in IM 
services that empower people to communicate with virtually whomever they 
want, wherever they want and whenever they want.”

“Interoperability between IM services has consistently topped our users’ 
wish lists, and through the collaborative efforts between Yahoo! and 
Microsoft we are delighted to provide our combined global users with the 
ultimate IM experience,” said Brad Garlinghouse, senior vice president 
of Communications, Community and Front Doors, Yahoo! “A new era for 
staying connected with friends and family is here, and the bridge 
between Yahoo!’s and Microsoft’s IM communities is bringing people 
around the world closer together.”

Windows Live Messenger and Yahoo! Messenger with Voice users in the U.S. 
and more than 15 international markets can register to participate in 
the IM interoperability beta by visiting Yahoo! at 
http://messenger.yahoo.com <http://messenger.yahoo.com/> or Microsoft at 
http://ideas.live.com <http://ideas.live.com/>. The new beta program 
will be available in Argentina, Australia, Brazil, Canada (English and 
French^3 ), China, France, Germany, Hong Kong,^4 India, Italy, Korea, 
Mexico,^4 Netherlands,^3 Singapore,^4 Spain, Taiwan, Turkey,^3 the 
United Kingdom and the United States (English and Spanish).



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