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Wednesday, July 29, 2009

Microsoft, Yahoo reach search deal

"After years of courting, Microsoft Corp. has reached a deal with Yahoo Inc. to pool their resources on internet search, the lucrative business technology rival Google Inc. dominates. Under terms of the agreement announced Wednesday, the two companies will pool their relative strengths in the search business, with Microsoft using its technology to power Yahoo searches while Yahoo puts its sales force to work to attract premium search advertisers. The two companies said in a joint news release they hope the deal will help lead to faster, better and more relevant results for web users and advertisers when conducting online searches." - CBC

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