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Microsoft, AOL and Yahoo are all running scared in the face of Google. Yes, Google Talk is new, but they are probably the only company capable of truly threatening the Big Three in terms of IM market share.
WIth Microsoft and Yahoo linking their IM networks, together they command about 44% of the market (Radicatti Group). This strengthens their position and helps them retain market share.
This deal is a good thing for consumers. No, you won't get all the same bells and whistles between the two instant messengers; to play pool you'll need Yahoo! Messenger on both ends. But it does mark a positive move. If they are able to add AIM interoperability to the mix, Google Talk becomes marginalized.
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