Internet company Yahoo! Inc. (YHOO) and software giant Microsoft Corp. (MSFT) may terminate their 10-year search agreement on or after October 1, a regulatory filing showed.
The two companies have amended the terms of the Search and Advertising Sales agreement whereby the agreement could be terminated any time on or after October 1. The term of the deal was 10 years from its commencement date, February 23, 2010.
Now either party can terminate the agreement by delivering a written notice of termination to the other party.
The search agreement will remain in effect for four months from the date of the termination notice to provide for a transition period. However, Yahoo's volume commitment will not apply in the third and fourth months of this transition period.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.