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Cornell is knee-deep in his solo career, and is supposed to be working on a new album that's a collaboration with Timbaland.

Gahh, Timbaland. Wish he would just get back into the Soundgarden days, they were a great band.
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Slash claims VR is not dead, and that they are actively looking for a new lead singer.
However the truth is, even before Scott's departure, VR had flatlined. Libertad was a total commercial disappointment, and their hype was gone.
I enjoyed Contraband and Libertad but i was never into Scott being the lead singer. I though that Libertad was a good album but i wanted something hard and rough and edgy, which i didn't get from Libertad. I don't know, I think Scott Weilend should stay with STP, they were great, VR was good but not what i wanted to hear for the most part.
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As for NIN, they're apparently embarking on a full-fledged North American tour this year. So, I don't know where you're at, but they've got dates through the summer, and say 'more to be announced'.
Yes, I've heard this so I'm just looking for some dates that i can see them. I'm also awaiting the Motley Album and tour.