Facebook and Microsoft in Talks of an Search Agreement

Facebook and Microsoft are discussing an agreement that "includes the possibility for the software giant's Bing search service to mine anonymized data from consumer usage of the social-networking site's recently introduced "Like buttons," which allows users to indicate an interest in a page with single click that then tells their Facebook friends."It would also presumably […]

Facebook and Microsoft are discussing an agreement that "includes the possibility for the software giant's Bing search service to mine anonymized data from consumer usage of the social-networking site's recently introduced "Like buttons," which allows users to indicate an interest in a page with single click that then tells their Facebook friends."

It would also presumably give Bing a little leg up on Google, since data will be available on it that isn't available on the search giant, made more important as Facebook's information-generating audience grows ever larger. Currently, Bing provides global Web search to Facebook, yielding branded results whenever someone searches within the service.

Microsoft also invested $240 million in Facebook in late 2007 and has since had a mostly cooperative relationship with the fast-growing Silicon Valley company.

[Source]