The Financial Times reports that Yahoo and Microsoft are “on the brink of sealing an online alliance that could create a more formidable rival to Google”, ending 18 months of uncertainty in the Internet world as Microsoft first chased, then attempted to woo Yahoo. The two reportedly are agreeing to share future online advertising revenue but Microsoft will not be paying Yahoo money up front, which was part of earlier proposals. Wall Street Journal

Posted by Ellen Wallace on 29 July 2009 at 9:47 | permalink
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News story, GenevaLunch, 29 July 2009.

Filed under: World news

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