After being battered by the prime minister in the two last general elections, opposition parties are hopeful of a better performance
asia1 hour ago
In a filing with the U.S. Securities and Exchange Commission, the companies take the unusual step of disclosing the contract governing the partnership, but leave out any financial terms, such as the revenue split on their deal.
Companies in the Internet industry typically jealously guard the terms of such contracts to protect their ability to negotiate pricing at variable terms with other customers.
Critics say the deal threatens competition for advertising that runs alongside Web searches. Congressional leaders have conducted hearings to investigate what impact the partnership could have on the Internet market. The agreement covers the United States and Canada, but not other international markets.
Rivals such as Microsoft Corp have protested that Google already controls 70 percent of the Web search ad market and that a Yahoo deal would give Google control over 90 percent of the market. Google and Yahoo executives have defended the pact, saying they will compete aggressively in other areas.
Seeking to shore up its advertising business while warding off pressure to merge from Microsoft, Yahoo struck the agreement in June with Google, the dominant supplier of Web search services in the United States and around the world.
Under the deal, due to take effect after a waiting period meant to help smooth regulatory approval, Google would supply Yahoo with advertising services to run alongside Yahoo's own Web search system. Yahoo runs the Web's second most popular search service.
Google and Yahoo have sought to portray the partnership as a non-exclusive arrangement in which Yahoo is effectively contracting with Google to sell ads alongside a portion of its search results. This in turn can allow Yahoo to focus on other aspects of its business where it is more strongly positioned.
But the contract is heavily redacted in an area that covers "other business opportunities" and is silent about how the sharing of user data between the partners could affect the privacy of Yahoo users.
While the contract reveals details of previously disclosed plans to make Yahoo Messenger and Google Talk, the companies' instant messaging (IM) systems, work together, it redacts four of the five other points in this "other business" section.
Yahoo has said it expects to generate an additional $250 million to $450 million in additional cash flow in the first 12 months after the agreement goes into effect.
Spokesmen for Google and Yahoo were not immediately available to comment on the contract.
After being battered by the prime minister in the two last general elections, opposition parties are hopeful of a better performance
asia1 hour ago
In the meeting, Sheikh Abdullah Bin Zayed stressed on peace based on 'two-state solution' for Israel and Palestine
uae2 hours ago
Pakistan have not yet named their final 15-man squad for June's T20 World Cup
cricket2 hours ago
Some riders have also opted to stay home, heeding authorities' advice
weather2 hours ago
Ely Buendia, the band's vocalist and guitarist, shares a teaser of their upcoming shows
entertainment3 hours ago
The prices had slipped below $2,300 per ounce on Wednesday evening but recovered later in the day
uae5 hours ago
Sabeer's story is a blend of facing challenges head on, introducing ideas and demonstrating unwavering determination — all showcasing the strength of resilience and the relentless pursuit of aspirations
kt network5 hours ago
Travellers advised to take extra travel time, keep checking updates
uae5 hours ago