Kara Swisher

Recent Posts by Kara Swisher

The Yahoo-Google Agreement (Filed–and Mightily Redacted)

Please see this disclosure related to me and Google.

After the markets closed today, Yahoo (YHOO) filed its extremely redacted version of the agreement it made with Google (GOOG) for outsourcing some of its search advertising.

The agreement has been a controversial sticking point amidst the Yahoo-Microsoft (MSFT) takeover battle, and has even seen action in Congress.

Here’s the top of the agreement with a link below to the rest.

More on what it means, soon…

SERVICES AGREEMENT

This Services Agreement (this “Agreement”) is made and entered into as of June 12, 2008 (the “Effective Date”), by and between Yahoo! Inc., a Delaware corporation (“Yahoo! Inc.”), and Google Inc., a Delaware corporation (“Google Inc.”). Yahoo! Inc. and Google Inc. are each a “Party” and are together referred to as the “Parties.”

RECITALS

WHEREAS, Google operates Web sites and provides certain monetization services to companies that publish and provide Web sites and other interactive services;

WHEREAS, Yahoo! operates Web sites and applications on its own behalf and on behalf of third-parties, all on a variety of platforms throughout the world; and

WHEREAS, Yahoo! desires to obtain the right to utilize Google’s monetization services in connection with certain Web sites and Google desires to make these services available to Yahoo!.

NOW, THEREFORE, in consideration of the promises, the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are expressly acknowledged, the Parties hereto, intending to be legally bound, agree as follows:

Here’s the rest of the very long and (not very) detailed document filed.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald