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Microsoft, Yahoo Said to Be Near Agreement for Web-Search Ads

published 1021 days, 16 hours, 59 minutes ago posted by venkatvenkat 1025 days, 11 hours, 21 minutes ago
Sunday, August 02, 2009 4:15:10 AM GMT Wednesday, July 29, 2009 9:52:54 AM GMT

July 29 (Bloomberg) -- Microsoft Corp. and Yahoo! Inc. are getting closer to signing an Internet-search partnership to challenge market leader Google Inc., a person familiar with the matter said.

An agreement may be announced as soon as today, said the person, who declined to be identified because the talks are private. The partnership would involve the companies sharing revenue from Web-search ads, the person said.

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