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TOP THREE LINKS YOU MUST CLICK ON Open Web Developer News Desk Google-Yahoo Deal Reportedly Doomed
Companies are likely to pull out of their controversial revenue-sharing pact
By: Maureen O'Gara
Oct. 22, 2008 06:45 AM
The Deal says Assistant Attorney General Tom Barnett met last Friday with Google and Yahoo attorneys for the second time in two weeks and that "the bottom line of the meeting was grim." "Nothing good came from it," said one of the unidentified lawyers. The DOJ could file suit asking for a preliminary injunction barring Google and Yahoo from implementing the 10-year agreement that is supposed to deliver a life-saving $800 million to Yahoo year-one. Yahoo cut the Google deal to avoid Microsoft.
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The Deal has been talking to lawyers close to Google and Yahoo and says that the companies are likely to pull out of their controversial revenue-sharing pact ahead of the Justice Department challenging them on antitrust grounds, a move that others say could come in the next 24 hours.
Vik Chaudhary, VP of Product Management & Corporate Development at Keynote Syustems, will be presenting at SYS-CON's 2nd International Cloud Computing Conference & Expo in New York City this coming March 30-April 1. Chaudhary, who is a frequent speaker at industry events on softw...
