Friday, June 13, 2008

Yahoo Inks Google Deal

Yahoo reached a search-ad pact with rival Google, uniting the systems of two industry giants. Microsoft has abandoned its pursuit of Yahoo, sending Yahoo shares tumbling. CEO Ballmer is likely to paint any Yahoo-Google deal as anticompetitive as he considers options for improving Microsoft's online business.

Here is more story
http://online.wsj.com/public/article/SB121329534659368693.html?mod=2_1571_topbox

1 comment:

Gwangho, GO(고광호) said...

It's very interesting news in that industry. Not all competing companies are always compete. Sometimes they need to be cooperate and be friends. so, they get to increase each reputation and earn more money. I think that both Yahoo and google seemed to want to have strategic business temporarily.