Yahoo signs up Google as sales fall

Yahoo has signed a search advertising deal with Google, providing a potential boost to Marissa Mayer’s efforts to turn around the company, which reported revenue and profit that fell short of market estimates.

The deal with Google, a unit of Alphabet, builds on an existing search partnership with Microsoft under which Yahoo gets a percentage of revenue from ads displayed on its sites.

Yahoo, whose shares fell yesterday, said the companies have agreed to delay implementation of the deal in the US to allow competition division of the Department of Justice to review it.