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Microsoft will offer contextual search ads

Saul Hansell of the New York Times has a report (registration required) about Micosoft's entry into the lucrative search word advertising space currently dominated by Google and Yahoo! (via its Overture acquisition). You can read the article without registration at C|Net News.com. According to the article:

"The Microsoft Corporation will unveil today its own system for selling Web advertising as it struggles to compete with Google and Yahoo in the expanding Web search business. The system, to be used by MSN, is meant to improve on those of Microsoft's rivals by allowing marketers to aim ads on Web search pages to users based on their sex, age or location."

This has been expected for some time. Details should become available later today.

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