Given some of Marrissa Mayers recent comments about the Yahoo/Bing search alliance, you may have believed that the money Yahoo was receiving from Microsoft amounted to a rounding error on the accountant’s spreadsheet._ But perception does not appear to be in line with reality as it was revealed today that the revenue from Microsoft accounted for nearly 1/3 of Yahoo’s revenue last quarter! I do not think I am exaggerating when I say that is much more than anyone expected._ Yahoo reported that it had $1.139 billion in revenue last quarter (GAAP), which means Microsoft gave Yahoo around $353 million as part of the search alliance. Yahoo agreed to disclose more details on its revenue tied to search and display advertising after the U.S. Securities and Exchange Commission sent letters to the company asking for clarification._ The company outlined the portion of revenue it gets from a search agreement with Microsoft, following inquires stretching back several months, according to new regulatory filings that were made public yesterday. Yahoo, which had...

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