Microsoft and Yahoo link IM arms

Microsoft and Yahoo have agreed to make their instant messaging products compatible. It will mean users of either service will be able to exchange messages by the end of the year and, at a later date soon to be announced, make VoIP phone calls. The IM market has been dominated by three main players - Microsoft, Yahoo and AOL - but all have gone out of their way not to work with the others in a grab for market share. Analysts have long predicted it was only a matter of time before the companies saw the financial sense in allowing their customers to communicate with one another.

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