Yahoo’s Share Rise

According to a report on InformationWeek it seems that Yahoo shares have been rising lately, this is said to be as a result of a deal with Microsoft which is upcoming. Exact details on what this deal actually entails are not yet announced but many believe it will result in Microsoft acquiring Yahoo’s search advertising business.

Microsoft have lately been promoting their new Bing search engine, and it seems that this is perhaps another push to challenge Google search. Google currently control around 65% of the US search engine market, whereas Yahoo control approximately 20% and Microsoft only control about 8%.

To see full details check out InformationWeek.