Marissa Mayer Says $YHOO – $MSFT Search Deal Is Underperforming

“Yahoo’s search deal with Microsoft is underperforming, CEO Marissa Mayer saidduring an appearance at the Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday.

The deal has not delivered the market share gains or revenue boost that was expected, Mayer said. Yahoo and Microsoft inked the 10-year search partnership in 2010 as part of an effort to challenge Google. But Google retained a 66.7 percent share of the U.S. market as of December, almost the same as its 66.6 percent share two years ago, according to ComScore. Microsoft lagged behind with a 16.3 percent share and Yahoo had 12.2 percent.

“We need to see monetization working better because we know that it can and we’ve seen other competitors in the space illustrate how well it can work,” Mayer said of the partnership….”

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