Thursday, July 16, 2009
Yahoo Search Ad Deal With Microsoft “Down to the Short Strokes”–But Caution Also Advised
Unless there is some major glitch, there might finally be a search and online advertising deal struck between Yahoo and Microsoft at long last.
Top executives at Microsoft–including SVP of the Online Audience Business Group Yusuf Mehdi, search head Satya Nadella and top digital exec Qi Lu–have all flown down to Silicon Valley from their Redmond, Wash., HQ today to iron out the remaining issues.
If all goes well, the deal could be announced within the next week, sources said.
Said one person close to the situation, “It is down to the short strokes, for sure, it is just a question if we can finally close this.”
