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Facebook has renewed its search partnership with Microsoft; however, the two companies have announced that Microsoft will no longer sell display advertising for the massive social networking property.
The two companies began their relationship in 2007, when Microsoft invested $240 million in Facebook. Going forward, the Facebook/Microsoft search partnership will now extend beyond the U.S., reaching over 400 million users across the globe, said officials. Plus, Facebook has agreed to incorporate several of the newer features available via Bing, Microsoft’s cutting-edge search tool.
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