TVNewser TVSpy AgencySpy PRNewser SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps GalleyCat FishbowlNY FishbowlDC

Yahoo inks search deal with Google

Hours after telling Microsoft that negotiations were over, Yahoo announced a search advertising deal with Google. “This agreement provides a source of funds to both deliver financial value to stockholders from search monetization and to invest in our broader strategy to transform display advertising and advance our starting-point objectives with users,” Yahoo President Sue Decker said in a statement. How much money? Yahoo said it expects a $800 million boost in the deal’s first year. Both companies are holding off implementing the deal for several months to give the Department of Justice time to review it.

Update: What the deal means for the Yahoo newspaper consortium

Mediabistro Course

Social Media Strategy Boot Camp

Social Media Strategy Boot CampStarting November 10, build a complete social media strategy for your brand! Through a series of weeklong webcasts, marketing and social media experts will teach you how to integrate social media into your overall marketing strategy, understand key metrics and analytics, and master the emerging trends in social. Register now!