First, Reuters reports the company has signed a web video partnership with CBS.
The deal will have Yahoo join the CBS Audience Network, which already includes major outlets like Google Inc’s YouTube, Time Warner Inc’s AOL and Microsoft Corp’s MSN, as well as sites like Joost, Veoh, and Bebo.
Second, Yahoo will sell display ads on Walmart.com and will become the site’s exclusive reseller of display inventory. Want your ad on Walmart.com? It’s the Yahoo way, or the highway!
Update: Yahoo has been busy! It also announced a partnership with interactive agency Havas Digital.