Yahoo announced its Q3 earnings recently, the company missed expectations although they did announce a new search deal with Google.
Yahoo and Google have signed a three year non exclusive deal, you can see more about the deal below.
Under the Services Agreement, Yahoo has discretion to select which search queries to send to Google and is not obligated to send any minimum number of search queries. The Services Agreement is non-exclusive and expressly permits Yahoo to use any other search advertising services, including its own service, the services of Microsoft Corporation or other third parties.
So Yahoo now has a deal for search in place with both Microsoft and Google, although Microsoft said in a recent statement that they will ‘continue to serve the majority of Yahoo traffic’.