engine - 8:39 am on May 16, 2008 (gmt 0)

Embattled Yahoo Inc has struck an advertising partnership deal with WPP Group that will let WPP buy ads on Yahoo's online ad exchange, the companies said late on Thursday. In a statement, the companies said that as part of the deal, WPP advertising agencies would, through its 24/7 Real Media arm, develop a proprietary advertising media trading platform that takes advantage of Yahoo's Right Media exchange.

Yahoo Strikes Ad Trading Deal With WPP [uk.reuters.com]