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Brett_Tabke - 11:32 am on Jul 17, 2009 (gmt 0)
There is also a display advertising element to the deal, which would likely have Yahoo take the lead in selling premium advertising for the companies. Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi, search head Satya Nadella and top digital exec Qi Lu, as well as others–have all flown down to Silicon Valley from their Redmond, Wash., HQ today to iron out the remaining issues, which seem to have to do with the deployment of technology. If all goes well, the deal could be announced within the next week, sources at both companies said.
AllThingsDigital [kara.allthingsd.com] story on a brewing Microsoft <-> Yahoo deal on search. Microsoft (MSFT) paying Yahoo (YHOO) several billion dollars upfront to take over its search advertising business and guarantee certain payments back to Yahoo. Unless there is some major glitch, there might finally be a search and online advertising deal struck between Yahoo and Microsoft at long last.