Yahoo's announcement today that it has successfully completed its acquisition of commercial search provider, Overture Services, has could cast doubts over its relationship with LookSmart in Australia.
The search engine business is consolidating as Internet heavyweights look for new ways of bringing in revenue.
Yahoo announced on Monday its plan to buy search company Overture Services in a US$1.63 billion deal, bolstering its position against rivals Google and Microsoft in the booming market for Web search advertising.
Yahoo's US$1.63 billion buyout of Overture Services signals a dramatic shake-up of the Web search market that could wake a sleeping giant: Microsoft.
Yahoo on Wednesday will open earnings season when it reports its second-quarter financial results and provides a litmus test of the health of online advertising.
Internet search leader Google filed to go public on Friday, seeking to raise US$2.7 billion in an unusual auction-style offering that will give the founders rare control over the company.
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