1. Business

    Microsoft, Yahoo, AOL Team Up

    LOS ANGELES, CA - JUNE 07:  The Microsoft logo is seen at the XBOX 360 booth during the Electronic Entertainment Expo on June 7, 2011 in Los Angeles, California. More than 45,000 people are expected to attend the annual three-day convention to see the latest games and announcements from the gaming industry.    (Photo by Kevork Djansezian/Getty Images)

    Kevork Djansezian / Getty Images

    Can a team of Microsoft, Yahoo, and AOL team up to take on Google and Facebook? That’s the hope, as the three companies announced a deal on Tuesday to begin selling each other’s unsold display ads early next year. Each company will maintain its own controls and they’ll still compete with each other for ad bucks. For this reason, the companies said they do not expect the Department of Justice to block the deal.

    Read it at Reuters