Microsoft and Yahoo Reach A Deal: The Details

Posted by Mark Rollins Categories: Corporate News, Internet, Microsoft,

Remember that time when it looked like Microsoft was going to buy Yahoo?  Well, it appears that Microsoft has convinced Yahoo to use Bing.

Reports are that this mutual deal will boost Yahoo’s profits by $500 million.  Not only that, but Microsoft’s search market share is expected to jump from 8 percent to 28 percent. 

I suppose you could call this a victory for either side, but rather a truce.  That, or begun the Search Engine Wars have. We’ve got the full press release for you after the break.

Click to continue reading Microsoft and Yahoo Reach A Deal: The Details

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