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Yahoo and Google make search deal: Yahoo will call on Google to provide some results and ads for Yahoo search queries

Yahoo reaches search deal with Google after loosening Microsoft ties … : Yahoo just announced a search deal with Google, taking advantage an earlier revision …

GeekWire Todd Bishop

Context & Ripple Effects

This deal is the payoff to two moves Yahoo made earlier in 2015. In April, after months of stalled talks that forced a 30-day negotiation extension, Microsoft and Yahoo amended their partnership so Yahoo only had to monetize 51% of its traffic through Bing instead of all of it. By July, Yahoo was already testing Google-powered results and ads, signaling exactly where the freed-up query volume would go.

The announcement formalizes what the test hinted at: Yahoo now operates as a search aggregator rather than a captive Bing customer, splitting its query stream between Microsoft and Google based on whichever supplier pays better per search.

First-order effects

  • Microsoft loses guaranteed volume on roughly half of Yahoo's US desktop searches, cutting the query flow that feeds Bing's index freshness and its ads revenue share from the Yahoo deal.
  • Google picks up new paid-search inventory on one of the largest remaining independent search audiences without having to win those users directly.

Second-order effects

  • With two suppliers bidding for Yahoo's traffic, per-query revenue-share terms become negotiable each cycle, weakening Microsoft's ability to price the relationship as a monopoly supplier.
  • Advertisers buying through Yahoo's platform face split delivery between Bing Ads and AdWords-style inventory, complicating campaign reporting and pushing some spend toward whichever network consolidates the data.

Third-order effects

  • If the pattern holds, search distribution decouples from search supply: portals shop their query volume across engines, and the industry reorganizes around whoever runs the most profitable auction rather than who owns the front-end brand.
  • A thinner Bing pipeline reduces the independent data exhaust that keeps second-tier engines competitive, concentrating the underlying ad-auction economics further around Google even as its rivals keep their consumer brands visible.

The trend: Web search is moving from exclusive long-term supply deals toward flexible, multi-vendor routing where distributors like Yahoo allocate traffic by economics, not allegiance.