Yahoo Gives Up On Search, Bets on Bing

Earlier today Yahoo and Microsoft signed a 10 year deal which sees Yahoo not developing any new search technologies, and using Bing for it’s algorithms. Like most of you, I fail to see how reducing the main Search players from 3 to 2 creates “more innovation”, but does anyone even read these press releases anymore? The official site for the deal is begging for a PR-Speak-To-English translation.

Also important: What happens to BOSS, Delicious, Search Monkey and Yahoo’s other search products? (via Andy Baio)