Thursday, June 12, 2008
You Meant “Strengthen Google’s Competitive Position,” Right?
Google co-founder Larry Page recently discounted the idea that a Google-Yahoo partnership would present any potential antitrust problems. We may soon find out if he’s right. This afternoon, just a few hours after announcing the not-with-a-bang-but-a-whimper conclusion of its negotiations with Microsoft, Yahoo said it had inked a non-exclusive search-advertising deal with Google that could be worth about $800 million in annual revenues.
