No wedding for Yahoo! and Microsoft
Yahoo has announced that they have ended all talks with Microsoft about a possible merger or acquisition. While Microsoft released a statement that they would continue to push for their “alternative transaction” of purchasing Yahoo’s search assets. Yahoo dismissed this possibility as “such a transaction would not be consistent with the company’s view of the converging search and display marketplaces, would leave the company without an independent search business that it views as critical to its strategic future and would not be in the best interests of Yahoo stockholders.”
(Source: AdAge “Yahoo and Microsoft Declare It’s Over”)
Google is a homewrecker
After avoiding a Microsoft buyout, Yahoo has created a new partnership with Google. Over the next 10 years, Yahoo will outsource “search monetization” to Google. The deal is nonexclusive, so Yahoo can continue to display ads from other third parties. It remains to be seen if this deal will help or hurt Yahoo.
(Source: AdAge “Yahoo, Google Strike a Deal on Paid Search”)
Not without coups, baby
Yahoo and Coupons, Inc. are working together to bring consumers mobile coupons through Yahoo Mobile. Younger consumers have traditionally resisted coupons, feeling “uncool” about using them in front of their friends. Mobile coupons (where the clerk can scan a barcode on the user’s mobile device) are one way to make coupons cool again.
(Source: MediaPost “Mobile Coupons Go National Via Yahoo Deal”)