The Wall Street Journal is reporting that Google may walk away from its proposed advertising deal.
The Journal is reporting that both Yahoo and Google may walk away from the deal as early as next week because as reported here for some time, the Department Of Justice is looking to block the deal.
On Wednesday, J.P. Morgan Internet analyst Imran Khan, in a note to clients said Yahoo should forget about the Google deal and sell its search business to Microsoft.
Khan suggests that Yahoo can gain an additional $725 million in operating cash flow from outsourcing search to Microsoft.
Khan said: “We think that it is unlikely that the Google/Yahoo search partnership will pass DOJ review in its current form….Without its search business, Yahoo would be very clearly positioned as a content and display advertising entity, thereby clarifying and defining its purpose to advertisers and users.”
Interesting News – what a development
Hope the AOL merger happens otherwise we’re all dead.
FX
Yes we need something happen with Yahoo; AOL, Microsoft, or a new suitor.
FYI, if Yahoo – AOL deal does happen. Yahoo will power not only aol.com, there is also cnn.com, netscape.com, icq.com, aim.com and all the other TW properties that get access to yahoo search. IMO this is a much better deal for yahoo’s advertisers and the domain channel than MS deal.
AOL has a monster… GAMES.COM
as well as ADVERTISING.com
few other businesses worth noting: aim, icq and bebo
not sure if there are anything else good/worth noting or have any hope but netscape, mapquest and the rest of their stuff…as they are real oldies and will go bye bye real soon i have a feeling.
If the evil empire gets a hold of yahoo we are all in trouble. Either way direct type in traffic, waters down any search engines brand.
We need to have more new search engines to further our cause for better ppc rates. Either way, Develop Baby Develop.