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Pender's Blog by Lee Pender, RCPU Editor

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Details of Microsoft-Yahoo Deal Become Clearer

Good news for at least 400 Yahoo employees: Microsoft is going to hire you as part of its deal with the search also-ran. Bad news for the 5,000 or so Microsoft employees the company has laid off recently or will lay off soon: While you're out of work (hopefully not for long), 400 Yahoo employees will be moving (at least virtually) to Redmond.

Microsoft is also forking over $150 million over three years to Yahoo to get things rolling on the almost assuredly futile chase to catch Google in search.

Posted by Lee Pender on August 06, 2009 at 11:55 AM


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