PERI search biz with MSFT should not be a worry. I’ve spoken to the General Manager of CodeFuel and Doron. CodeFuel is beating all MSFT KPIs for search quality and is resulting in higher RPMs that Bing is reporting (in part).
Also the co developed application with MSFT Doron referenced is now live at privado.com. The relationship is strong and tight.
Here is another upside shot on goal: a potential deal for ex-USA searches ... GOOG?