The Wall Street Journal is reporting that the long-drawn-out Google Inc.-Yahoo! Inc. search deal could be on the skids.
The proposed partnership has faced scrutiny from the Justice Department and intense lobbying by the likes of Microsoft Corp. (MSFT), which views the deal as too competitively close for comfort.
A number of bloggers and reporters are speculating the obvious: that Google (GOOG) now can scrap the deal in light of Yahoo!’s (YHOO) weak financial performance after rebuffing Microsoft’s buyout attempts. After all, why compete with yourself if you don’t have to?