Yahoo, Microsoft add termination clause in search deal

Yahoo and Microsoft have added a termination clause to the terms of their search partnership agreement under which either company can end the deal on or after October 1st, 2015, according to a regulatory filing by Yahoo.

The 10-year search partnership, crafted by former Microsoft chief executive Steve Ballmer and former Yahoo CEO Carol Bartz, allowed the companies to amend or terminate the agreement five years after its commencement on February 23rd, 2015.

Reuters