Watch CBS News

New Deal Keeps Yahoo As Microsoft's Search Engine Partner

SAN FRANCISCO (CBS/AP) -- Yahoo and Microsoft will keep working together on search, but Yahoo is getting more control over the how its search page looks and works.

An agreement announced Thursday extends a search partnership that Yahoo Inc. and Microsoft Corp. forged in 2009 while they were being led by different CEOs. Yahoo had an option of ending the relationship.

The two are trying to chip away at Google's dominance of Internet search.

As has been the case since the companies formed their alliance, Microsoft's technology will power most of the search results on Yahoo's sites. In return, Yahoo will receive most of the revenue from the ads posted alongside the search results on its sites.

In the new deal, there will be a few differences in how the companies sell ads.

© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.