InternetGoogle: Yahoo Deal On Track Despite Scrutiny

An online search ad deal between the two Internet giants raised eyebrows among government officials, but the two are staying the course, according to reports.

Source: Reuters Google, facing a U.S. Justice Department probe of its search-advertising partnership with Yahoo, will proceed with the agreement by early October, according to a Bloomberg report. "We are going to move forward," Google's (NASDAQ: GOOG) CEO, Eric Schmidt, said in an interview with Bloomberg Television on Thursday in Denver. "We are in the process of talking to the government. They've not indicated one way or the other how they're dealing with us," the news agency quoted Schmidt as saying. RELATED ARTICLES Yahoo Fills Out Board of Directors Yahoo Offers Murky Look at Google Search Deal Yahoo Board Faces Down Critics Google, Verizon Close to Mobile Search Deal Could an AOL Sale Hurt Google? For more stories on this topic: Google, with more than 60 percent of the internet search market, and Yahoo (NASDAQ: YHOO) with 16.6 percent, agreed in June on an advertising partnership under which Yahoo will let Google put search ads on its site. Little in the way of specifics have been disclosed on how the deal is structured. In a recent Security and Exchange Commission filing, Yahoo gave a glimpse into how the payment plan might operate, with Google compensating it with an undisclosed percentage of its ads each month, and providing a report detailing gross revenue from the... [ Read more on www.internetnews.com ]

InternetThe Microsoft-Novell Deal and Trust in Princes

Forced to choose, the average Free and open sourced-based (FOSS) business is going to choose business interests over FOSS every time.

InternetMicrosoft buys ciao.com to boost e-shopping search (Reuters)

Reuters - Microsoft has agreed to buy Greenfield Online, owner of popular European price comparison website ciao.com, for about $486 million to boost its Internet search and e-commerce business in Europe.