Yahoo partners with Google
Written by admin on June 12th, 2008 in Search Engines.
Internet Giants Google team up with Yahoo, after Microsoft takeover attempt fails. Yahoo has hired Internet search leader Google to sell online ads, and hoping to boosting its profit.
The California based company announced the plans this Thursday. Yahoo stock went down 10% on news that its effort to revive takeover talks with Microsoft had failed.
Yahoo using Googles superior advertising technology, Yahoo hopes it will boost its yearly cash flow by $250 million to $450 million in the first year deal.
This partnership could last up to 10 years, if its approved.
June 26th, 2008 at 2:06 am
This is interesting news, I have always liked yahoo and google being separate…these two using the same ad system is one i hope doesn’t happen.