Microsoft and Yahoo Challenge Google: Bing It On

Summary

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SAN FRANCISCO -- Microsoft finally persuaded Yahoo to surrender control of the Internet's second-most popular search engine and join it in a daunting battle -- taking on the overwhelming dominance of Google in the online advertising market.

A 10-year deal announced Wednesday gives Microsoft its best shot yet to show its new search technology, Bing, is as good as or better than Google's. Microsoft also hopes to use Yahoo to divert sales from Google, which generates more than $20 billion a year from ads.

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Extract

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Microsoft and Yahoo Challenge Google: Bing It On

Gaining access to Yahoo's audience would instantly more than triple Bing's U.S. market share to 28 percent. That's still a far cry fro...

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