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Barron’s Online :

Google Pulls Out Of Yahoo Deal; Will MSFT Re-Bid? Posted by Eric Savitz

Google (GOOG) announced in a blog post this morning that it is pulling out of its advertising outsourcing agreement with Yahoo (YHOO).

The company said the decision reflects opposition to the deal by both regulators and customers.

In a post by David Drummond, SVP-Corporate Development and Chief Legal Officer, wrote that “after four months of review, including discussions of various possible changes to the agreement, it’s clear that government regulators and some advertisers continue to have concerns about the agreement. Pressing ahead risked not only a protracted legal battle but also damage to relationships with valued partners. That wouldn’t have been in the long-term interests of Google or our users, so we have decided to end the agreement.” ...

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A book in progress by

Siva Vaidhyanathan

Siva Vaidhyanathan

This blog, the result of a collaboration between myself and the Institute for the Future of the Book, is dedicated to exploring the process of writing a critical interpretation of the actions and intentions behind the cultural behemoth that is Google, Inc. The book will answer three key questions: What does the world look like through the lens of Google?; How is Google's ubiquity affecting the production and dissemination of knowledge?; and how has the corporation altered the rules and practices that govern other companies, institutions, and states? [more]

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Topics

Like the Mind of God (57 posts)

All the World's Information (75 posts)

What If Big Ads Don't Work (20 posts)

Don't Be Evil (16 posts)

Is Google a Library? (84 posts)

Challenging Big Media (46 posts)

The Dossier (49 posts)

Global Google (26 posts)

Google Earth (6 posts)

A Public Utility? (37 posts)

About this Book (28 posts)

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