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Google Negotiating With Justice Department

mikesd81 writes "Cnet reports that to avoid being sued by the US Justice Department, Google is negotiating with them. The Justice Department and a multistate task force are still reviewing the proposal to decide whether to oppose the partnership. Under the non-exclusive partnership Google would supply Yahoo with some search ads, a move that could increase Yahoo search revenue, but that also gives Google even more power in the market. Yahoo expects the 10-year deal to raise revenue by $800 million in its first year and to provide an extra $250 million to $450 million in incremental operating cash flow. Google's share of the US search market reached 71 percent in August, compared with Yahoo's 18.26, according to Hitwise's most recent numbers."

3 of 83 comments (clear)

  1. Cuil by Wiarumas · · Score: 4, Funny

    Don't worry guys, Cuil will soon dominate the market once everyone realizes how vastly superior it is.

    --
    I will bend like a reed in the wind.
  2. Re:Google's competitors by Anonymous Coward · · Score: 2, Funny

    But in addition to your point - this is the internet!!! It costs $10 to get a domain name, $400 a month for dedicated hosting (or less), and a couple of smart guys can create the website/search engine.

    This is so true. I really don't get why all serious Search competitors, including Google, invest millions and millions and millions of dollars in distributed server farms, r&d etc. when you can easily beat them from your dorm with a godaddy domain and some brains.

  3. Re:I fail to see the problem... by PJ+The+Womble · · Score: 4, Funny

    Rather quaintly, when I'm cleaning spam out of my GMail account, it shows me a context-based ad for "Spam Casserole Recipe".