Microhoo: Microsoft, Yahoo announce search deal

Microsoft and yahoo deals
Microsoft Corp. has finally roped Yahoo Inc. into an Internet search partnership. Microsoft and Yahoo on Wednesday announced a 10-year search deal that will see the two companies join forces against the dominance of Google Inc.

 

“In simple terms, Microsoft will now power Yahoo search while Yahoo will become the exclusive worldwide relationship sales force for both companies’ premium search advertisers,” the companies said in a joint statement. The deal is expected to go into effect in 2010 and improve Yahoo’s profitability, though not its revenue, the companies said. Read More on CNET

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