Being a Friday of a holiday weekend, this will most likely be a relatively slow news day. However, Google has reported that they will be going ahead with their Yahoo deal by October.
Having this partnership in place by October, and the new algo change rolled out in September will most likely pad Q3 earnings and have a good impact on Q4 earnings. Reuters is mentioning that Google has 60% of the search market and Yahoo has 16.6%, but I don’t believe they ever take into account Google’s other ad partners such as AOL, Ask, etc. They’re total search share with this deal will basically be 100% - Microsoft’s share - a couple of percent so we’re left with around 84-85%.
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