Thursday, June 12, 2008

Yahoo to announce reorg, Google ad deal | Tech news blog - CNET News.com

On a related note...

Yahoo's long-awaited deal to show Google ads on search results and an unrelated executive reorganization in its technology group could be announced today, CNET News.com has learned.

The Google deal, tested for two weeks in April and under development since then, could help improve the revenue generated by Yahoo's search. But investors probably shouldn't expect a significant financial lift until 2009, because the deal won't necessarily kick in immediately, a source familiar with the plan said.

Yahoo to announce reorg, Google ad deal | Tech news blog - CNET News.com

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