Saturday, December 5, 2009

Microsoft, Yahoo seal search deal


Microsoft and Yahoo have signed off on their plan to team up against Google in Internet search.

The step announced Friday seals the terms of a preliminary agreement announced in late July.

Government regulators still must approve the proposed partnership before Microsoft and Yahoo can begin working together.



Microsoft and Yahoo were supposed to sign the final papers in late October, but held off to work out some fine points.

Combined, Microsoft and Yahoo handle 28 percent of the Internet searches in the United States, well behind Google's 65 percent, according to online measurement firm comScore Inc. Google is even more dominant in the rest of the world, with a global share of 67 percent compared to a combined 11 percent for Microsoft and Yahoo.




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