As anticipated, Yahoo! Inc. (NASDAQ: YHOO) and Google (NASDAQ: GOOG) announced a deal. The Wall Street Journal reports it's worth between $250 million and $450 million in additional cash flow to Yahoo.

The deal will be delayed a few months for regulatory approval. Under its terms, Yahoo will select which search term queries it offers Google paid search results for, the number and placement of Google results and how they are blended with its own results and those of other providers. Yahoo said either party can end the agreement in the event of a change in control. If control of Yahoo changes hands in the next 24 months, Yahoo must pay a termination fee of $250 million.

Poor Carl Icahn. He could have had a $33 a share deal from Microsoft Corp. (NASDAQ: MSFT), now all he has is 33 cents a share from Google. Cover your ears before his moaning and groaning begins. Yahoo shares are up 1% after hours after losing 10% during regular trading.

Peter Cohan is President of Peter S. Cohan & Associates. He also teaches management at Babson College and edits The Cohan Letter. He has no financial interest in the securities mentioned.

Yahoo Google deal worth $450 million max originally appeared on BloggingStocks on Thu, 12 Jun 2008 19:15:00 EST. Please see our terms for use of feeds.

With Google all over the news, both foreign and domestic, about its policy on aggregating news content, Google has explained over at its blog why management made the decision to maintain its stance on aggregation. I love this quote from a recent post on the Google blog, which says, "the Internet has broken down many of the barriers that exist between people and information -- effectively democratizing access to human knowledge."

Could not have said that better myself. But, in the process of democratizing information, Google is irking the purveyors and publishers of knowledge who cling to outmoded copyright thinking. I'm not saying that all copyright holders should not protect their content (if it's original and not simply parroted wire stories). But, the publishers of information need a swift kick so that they can wake up to realize that the rules of information transfer is changing -- from the establishment's control to the consumer's control. And, there is no going back. Ever.

So, what can Google do? For one, the company says that they do respect copyright, although that statement may be rankling the Belgian and French governments at the moment. Google, at its blog, states the below in regards to the content it does not own and in respect to content owners who need to protect their rights.

Google pledges to:

• respect copyright
• let owners choose whether it indexes content in its products
• try to bring benefit back to content owners by partnering with them

That last bullet is the kicker -- Google's partnering with content providers needs a facelift, big-time. The smaller bridges it has burned are tiny compared to the lavish rewards of mutual partnerships.

Google explains its stance on content aggregation and partnering originally appeared on BloggingStocks on Wed, 27 Sep 2006 14:34:00 EST. Please see our terms for use of feeds.

Google's CEO to help shape Apple Computer originally appeared on BloggingStocks on Wed, 30 Aug 2006 13:23:00 EST. Please see our terms for use of feeds.

Google after the bell for 8-15-06: GOOG jumps over 3% today originally appeared on BloggingStocks on Tue, 15 Aug 2006 16:35:00 EST. Please see our terms for use of feeds.