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James Niccolai
Google, Yahoo strike ad deal
Submitted by Benton Foundation on June 12, 2008 - 9:13pmLast updated: June 13, 2008 - 7:12am
Just hours after saying it ended talks of a possible investment with Microsoft, Yahoo announced a deal with Google to run some of Google's advertisements alongside Yahoo search results. The nonexclusive deal unites the online advertising businesses of Google and Yahoo and comes as a setback to Microsoft, which had been trying to acquire all or part of Yahoo to strengthen its own online business and compete better with Google.

