Finally, Yahoo surrendered and abandoned its own search engine for the newly revamped search engine of Microsoft, “Bing”.
The deal between Yahoo and Microsoft that was announced last Wednesday, signaled the change in the search engine market.
Prior to the deal, Yahoo had 30 percent of US users, while Bing had only more or less 10 percent and the other part was almost owned by Google. But with this deal, it seems that Yahoo’s market share will fell to zero percent while that of Microsoft’s Bing will jump up to 30%.
What’s with the deal?
Well… According to the report, Microsoft will now power Yahoo’s searches with its new revamped search engine called “Bing”. Then Yahoo’s obligation is to monetize the searches.
Actually, I am currently wondering if it’s a good deal to Yahoo!. For me the better deal was when Microsoft offered Billions of money for the ownership of the entire Yahoo company or part of it.