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Read more with google mobile : Verizon picks Microsoft search over Google and Yahoo
Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Verizon picks Microsoft search over Google and Yahoo Reuters - 2 hours 12 minutes ago By Ritsuko Ando and Sinead Carew NEW YORK/LAS VEGAS - Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc. Verizon Chief Executive Ivan Seidenberg said on Wednesday that Microsoft CEO Steve Ballmer would announce the deal later in the day at the Consumer Electronics Show in Las Vegas. Seidenberg, speaking at a Citigroup conference, gave no further details. The agreement follows more than a year of speculation on whom would become the default mobile search provider for Verizon Wireless, which is set to surpass AT&T Inc as the No. 1 U.S. mobile carrier after it closes its purchase of smaller operator Alltel later this week. "It's certainly a feather in Microsoft's cap. Tough news for Google and tougher news for Yahoo," CCS Insight analyst John Jackson said of the agreement. Microsoft made a bid for Yahoo last year, but walked away after they disagreed on price. Investors have been skeptical about whether the software company can win online advertising revenue away from Google and Yahoo, which are both stronger than Microsoft in the Internet search market. "Microsoft really needed to win that," Nielsen's head of telecom research, Roger Entner, said about the Verizon deal. "It gives them a good fighting chance. Otherwise they would have been almost insurmountably behind Google" in mobile search. However, the deal was not likely to change how many Verizon Wireless customers use their phones to surf the Web, Jackson said. While the details of the agreement have yet to be revealed, he said Google may have been a better choice to help Verizon offer personalized Web services, such as delivering ads that are relevant to users' interests. "The ultimate goal in mobility is contextual awareness and the delivery of highly personalized experiences," Jackson said. "These are competencies Google has in spades, so it may be that Verizon's customers ultimately end up with an inferior experience relative to what Google might enable." Last year, The Wall Street Journal reported the two companies were in negotiations and that Microsoft would share with Verizon revenue from advertisements shown in response to cell phone Web searches. Other previous reports had said Verizon was exploring a deal with Google. Verizon shares rose 1.27 percent to $31.90 in on the New York Stock Exchange. Amid a broad tech slump following a revenue warning from bellwether Intel Corp, Microsoft shares fell 6.02 percent to $19.51 on the Nasdaq, where Google shares fell 3.61 percent to $322.01 and Yahoo shares fell 2.23 percent to $12.71. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Internet Portals & Search Engines Verizon picks Microsoft search over Google and YahooReuters - 2 hours 12 minutes ago LG shows off phone watch 'worthy of James Bond'AFP - Thursday, January 8 Growth in consumer electronics sales to slow in 2009AFP - Thursday, January 8 Internet portals targeted by Chinese crackdown apologiseAFP - Thursday, January 8 Related Articles: Technology Cisco sees acquisitions with focus on videoReuters - 1 hour 1 minute ago Toshiba to use Cell processor for TV of the futureAFP - 1 hour 27 minutes ago IT firm EMC to cut 2,400 jobsAFP - 2 hours 6 minutes ago Verizon picks Microsoft search over Google and YahooReuters - 2 hours 12 minutes ago LG unveils TVs and deals at CESReuters - Thursday, January 8 Related Full Coverage Internet Portals & Search Engines Latest development in the online world All Full Coverage Most Popular – Technology Viewed Marks & Spencer to axe 1,230 jobs and close 27 stores Shares skyrocket as Porsche takes over Volkswagen Toyota to shut production plants for 11 days Pink iguanas discovered on Galapagos Islands 2008 slump wipes out 17 trillion dollars in stock value: S&P View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular
Other News on Thursday, 8 January 2009
Israel agrees to "principles" in Egyptian truce
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LG shows off phone watch 'worthy of James Bond'
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Iraq, India, Mexico deadliest for media: report | International |
Afghan civilian casualty claims mount, 50 rebels said killed
US-TECH Summary
LG Elec won't cut investment due to economy
SanDisk unveils memory card-based music player
Growth in consumer electronics sales to slow in 2009
Amy Winehouse Drops Drugs Appeal Case In Norway
EU regulators raid smart-card chip producers
LG shows off phone watch 'worthy of James Bond'
Verizon picks Microsoft search over Google, Yahoo | Technology |
LG Elec won't cut investment due to economy
Toshiba to launch Cell chip-powered TV in 2009 | Technology |
SanDisk unveils memory card-based music player | Technology |
US official: NKorea will challenge Obama
Pakistan fires national security adviser
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Asia needs pension reform: OECD
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US General: Anbar lacks support of Iraq government
IT firm EMC to cut 2,400 jobs
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Verizon picks Microsoft search over Google and Yahoo
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Toshiba to launch Cell chip-powered TV in 2009
LG unveils TVs and deals at CES
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Motorola unveils mobile phone made from recycled water bottles
Toshiba to launch Cell chip-powered TV in 2009
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Hollywood writers nominate best film scripts
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Obama to unveil stimulus spending as deficit hits new high
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Sony debuts pocket-sized notebook computer
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Sony debuts pocket-sized notebook computer
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TVs tout energy savings and Web | Technology |
Verizon picks Microsoft search over Google and Yahoo | Technology |
Sony to launch world's lightest 8-inch notebook PC | Technology |
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Cambodia PM wants to unify dates of regional meets
SKorea groups to send leaflets with NKorean bills
U.S. says more is needed from Pakistan on Mumbai
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Thursday, 8 January 2009 - Verizon picks Microsoft search over Google and Yahoo