Yahoo-Microsoft deal perhaps close

A deal forming a search partnership between Yahoo Inc. and Microsoft Corp. is very near, according to several reports, including this one by The Wall Street Journal: http://online.wsj.com/article/SB124882112916088137.html

The agreement, which could be reached as early as Wednesday, will involve Yahoo using Microsoft's Bing search engine on its own sites, sources said. Yahoo would be responsible for selling the contextual ads that appear with the search results on its sites and some Microsoft sites, the story said.

Google now dominates search, with 65 percent of the traffic.