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Yahoo, Google experiment in partnership

Date : 09/04/2008 @ 21:47
Source : TFN
Stock : Microsoft Corp (MSFT)
Quote : 25.85  -0.18 (-0.69%) @ 01:00
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Yahoo, Google experiment in partnership

        SAN FRANCISCO (AP) - Yahoo Inc. is turning over some of its advertising
space to Internet search leader Google Inc. as part of a two-week test that
could lead to a broader partnership.
    The experiment the companies announced Wednesday will allow Google to place
ads alongside about 3 percent of the queries made in the United States through
Yahoo's search engine -- the Internet's second largest after Google's.
    Sunnyvale-based Yahoo said it hasn't decided to join the thousands of other
Web sites that rely on Google to handle most of the text-based advertising that
is tied to search requests or other online content.
    Just the prospect of Yahoo working with the Internet's most profitable
company throws a new dynamic into its effort to extract a higher takeover bid
from its unsolicited suitor, Microsoft Corp.
    Yahoo insists it's worth more than the initial bid of $44.6 billion, or $31
per share, that Microsoft made more than two months ago.
    But Microsoft has held firm and threatened to lower the bid unless Yahoo
accepts it by April 26.
    
Copyright 2008 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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