Microsoft, Yahoo Finalize Search Agreement 77
Joe Quimby writes "Microsoft and Yahoo have finalized and executed their Web-search agreement after five months of deliberation, the companies announced Friday. Microsoft and Yahoo reached a revenue-sharing agreement in July to combine their search businesses. Under the 10-year agreement, Yahoo's Web search would be powered by Bing and Yahoo would retain most ad revenue from its site."
Re:Can any good come of this? (Score:1, Informative)
Well, Bing is quite a bit better a search engine than Yahoo, so the end users win there.
Yahoo gets to line their pockets in what has been a pretty rough economy.
Microsoft gets to stick it to Google and gets access to the elusive Asian market which Yahoo has a large presence in.
Governments around the world get to use this as fodder to extort^H^H^H^H^H^H^H fine Microsoft for millions.
Google gets to wipe its tears with the mega-billions it has made and whimper, "Woe is us."
That about sums it up, thanks for playing Monopoly(tm), come again.
Yahoo is still relevant, but... (Score:3, Informative)
Pretty much any new (and existing) ATT and Comcast accounts use Yahoo for mail services, not to mention they set Yahoo as the homepage that most users don't bother to change.
They'll go to Weird Stuff Warehouse (Score:5, Informative)
They'll go to Weird Stuff Warehouse [weirdstuff.com], the surplus place near Yahoo HQ. Want a few hundred servers cheap? They have them stacked up.
Dismantling a failed company is routine in Silicon Valley. Big assets are auctioned off by DoveBid. Miscellaneous computers go to Weird Stuff. Furniture and partitions go to Consolidated Office Outfitters. In less than a month, the building will be empty and ready for rental.
Not the first time (Score:5, Informative)