Yahoo!, Google reach agreement

Posted: Tuesday, Jun 24, 2008 at 2357 hrs IST
Updated: Tuesday, Jun 24, 2008 at 2357 hrs IST

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Web addresses to get more leeway Yahoo board to discuss Microsoft offer Foundation behind Wikipedia hires a felon as COO Microsoft, Google, Yahoo to settle gambling claims

: Google monetisation, rather than outsourcing,” Yang said in an interview.

The four-year agreement, which can be renewed for two terms of three years, will allow Yahoo! to continue to invest in improving its own search and search advertising business, Yahoo! said. It can be rescinded by either party after a “change in control,” like an acquisition, so it would not necessarily deter Microsoft from bidding again.

—NY Times / Miguel Helft...

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