It is no secret that Yahoo! and Microsoft's search deal aims to steal market share from Google, but it is still surprising to see Google named in a Yahoo! SEC filing.
The SEC update reveals that Yahoo! can get out of the deal if the average revenue per search in the US falls below a specified percentage of Google's estimated revenue per search. Yahoo! can also terminate the agreement if the two companies' combined market share falls below a certain level.
Yahoo! can also pull the plug if Microsoft attempts to get out of the search business or tries to sell its search business.
The filing also reveals that Microsoft will hire "not less than 400 Yahoo! employees" and that Microsoft must pay for a retention plan for those employees and for 150 Yahoo!ers who will work on transition services related to the deal.
The complete filing is here. ®
Broader topics
Narrower topics
- Android
- App stores
- Azure
- Bing
- BSoD
- Chrome
- Chromium
- Excel
- Google AI
- Google Cloud Platform
- Google Nest
- G Suite
- Internet Explorer
- Kubernetes
- Microsoft 365
- Microsoft Build
- Microsoft Edge
- Microsoft Office
- Microsoft Surface
- Microsoft Teams
- .NET
- Office 365
- Outlook
- Patch Tuesday
- Pluton
- Privacy Sandbox
- SharePoint
- Skype
- SQL Server
- Tavis Ormandy
- Visual Studio
- Visual Studio Code
- Windows
- Windows 10
- Windows 11
- Windows 7
- Windows 8
- Windows Server
- Windows Server 2003
- Windows Server 2008
- Windows Server 2012
- Windows Server 2013
- Windows Server 2016
- Windows XP
- Xbox
- Xbox 360
