Microsoft has long been after the purchase of Yahoo. Now almost 2 and half years after, lawyers from both sides reached an agreement which Yahoo will give control of its search engine to Microsoft, which in turn will power its own search engine site Bing.com. As consideration Yahoo will get 88% of the revenue from all search ad sales for the first 5 years of the deal.
In my opinion this is a work of art deal in terms of contractual law. I give credit to the negotiating teams and specially to the lawyers from both sides. Now, will this a first series of steps towards the purchase of Google? Then Youtube?
Is Microsoft is waking up from the golden slumbers that lead Steve Jobs and Apple take over the gadget world?
My bets are all in favour of Google and youtube.com, however.
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