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Micro-hoo! Coming soon to challenge Google
Date:30-07-2009
Yahoo! and Microsoft, after months of negotiations, unveiled a 10 year web search and advertising partnership on Wednesday that sets the stage for a joint offensive against Internet tital Google.
Yahoo will use Microsoft’s Bing search engine on its sites while Yahoo will act as the exclusive global sales force for the companies’ premium search advertisers.
The agreement between the Internet Portal and the software giant, which will be subject to review by US anti-trust regulators, is expected to close in early 2010. the companies said .
Microsoft will acquire an exclusive 10 year licence to Yahoo’s core search technologies and will be able to integrate them into its web search platforms.