After months of speculation and behind-the-scenes clamoring, Microsoft Corp has finally gotten its wish. The technology giant has reached a 10-year agreement to partner with Yahoo! Inc as it goes up against the undisputed champion in the search engine business – Google inc.
With this latest move, Microsoft will have exclusive access to the Internet’s second-biggest search tool, which it will use to enhance its latest creation, Bing. While Microsoft’s shares rose 1.41% to US$23.80, Yahoo’s shares plunged 12.08% to US$15.14 yesterday.
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