In a move we have been dreading for months, Yahoo has hired Internet search leader Google to sell some online ads in hopes of boosting its profit.
Yahoo also announced that its efforts to revive takeover talks with Microsoft is at a dead end.
Microsoft “unequivocally” said it isn’t interested in buying Yahoo
The partnership could last up to 10 years if it can win antitrust approval.
This is going to be another hotbed issue for domainers and something we are going to have to rely on the ICA to help prevent.
Big losers; Yahoo Shareholders, Carl Icahn, Microsoft, Domainers.
BIg Winner; Google
In trading today shares of Yahoo were down over 10%, Microsoft was up slightly as was Google