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Microsoft Corp. agreed to hire no less than 400 Yahoo Inc. employees once the companies’ planned Internet search advertising partnership begins, Yahoo said late Tuesday. In addition, Microsoft agreed to pay Yahoo $150 million over three years to help cover Yahoo’s costs in getting the partnership started, Yahoo disclosed in a filing with the Securities and Exchange Commission.

Source: MarketWatch

This entry was posted on Tuesday, August 4th, 2009 at 5:28 pm and is filed under H1B, IT, Microsoft, Technology, US, Yahoo, outsourcing, software. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.