Category: Technology Author : Dominic Rivera Posted: November 5, 2008
Tags : , ,
Subscribe: Tech Feed, Email, Twitter

Google bids goodbye to Yahoo

    StumbleUpon Digg Reddit Mixx del.icio.us MySpace Fark Facebook TwitThis Propeller Wikio Yahoo! Buzz

Google has terminated its advertising services agreement with Yahoo! Inc. that was first announced in June. Yahoo is broken hearted that Google chose to withdraw from the agreement rather than defend the partnership in court.

Google notified Yahoo of its refusal to move forward with implementation of the agreement following indication from the Department of Justice that it would seek to block it if the parties were to proceed.

The deal could have been highly beneficial for Yahoo, allowing the company to accelerate its investments in other priorities, given the potential earnings. With the break-up, Yahoo can only hope for other partnerships to come forward. Anyone interested?



Viewing 1 Comment

 

Trackbacks

(Trackback URL)

close Reblog this comment
blog comments powered by Disqus
King.com (Midasplayer.com Ltd.)