Jerry Yang, co-founder and chief executive of Yahoo!, yesterday suffered a potential setback in his bid to fend off advances from Microsoft after Washington’s Justice Department launched an investigation into a trial tie-up with Google. It is thought that the Justice Department was concerned at talks between the two internet searchers over a two-week test to combine some web search and advertising business.The Government’s concern, reports last night said, focused on a telephone call from Eric Schmidt, Google chief executive, to Jerry Yang to offer to help in thwarting Microsoft’s $45 billion (£22.74 billion) hostile takeover approach launched in February.
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