'It may seem counterintuitive, but ...'

Yahoo chief executive Jerry Yang has defended his company's decision to eschew Microsoft once and for all by partnering with Google.

Shortly after the deal closed on Thursday, Yang posted an article to Yahoo's Yodel Anecdotal corporate blog stating his case on why joining forces with a former rival is the right move for the company.

"We have done something important today. We are directly addressing one key element in Yahoo's strategy to lead the way in search and display," wrote Yang.

"I believe it puts us on a faster track to creating stockholder value and strengthening our advertising leadership."

Under the deal, Yahoo will allow Google to sell and display AdWords advertisements alongside Yahoo search results.

Read more: vnunet.com 

Labels: Jerry Yang, microsoft