Bing and Microsoft updates

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Within the next year or so, Bing will become Yahoo’s search engine, giving Microsoft a larger chunk of the search market to monetize.

Within the next couple months, Bing is adding both Twitter and Facebook status updates into search results, giving it a slight edge over Google (who has a deal with Twitter, but not Facebook).

Bing is the default search engine in IE8, which ships with the just released Windows 7. Don’t underestimate the power of bundling.

Beyond that, CEO Steve Ballmer has said he’s willing to spend 5-10% of his company’s income over the next five years to make search a success for Microsoft. Will it work? Perhaps, but as this latest report shows, the company still has a very long way to go.

excerpt from Mashable newsletter