You can't spell "Bing" without "B-I-G." Web analytics firm Experian Hitwise reports that Microsoft's (Nasdaq: MSFT) share of the search market has risen to 24%.

That figure is a far cry from the nearly 72% share that market leader Google (Nasdaq: GOOG) notched last month, but it validates Microsoft's decision to begin powering Yahoo! (Nasdaq: YHOO) searches. The Hitwise score came during the first week of the companies' new search relationship.

Microsoft was never going to get to 24% organically, and Google's mammoth chunk of the market virtually mandates teamwork among Big G's rivals to make any kind of dent in the search market.

Bing still has a long way to go, but 24% is nothing to sneeze at, especially as advertisers map out their marketing campaigns.

Briefly in the news
Let's take a quick look at some of the other stories that shaped our week.

  • Best Buy (NYSE: BBY) became the latest retailer to agree to stock Amazon.com's (Nasdaq: AMZN) Kindle. That makes three major chains outside Amazon's namesake website that now sell the e-book reader.
  • YRC Worldwide (Nasdaq: YRCW) won't let itself be delisted quietly. The trucking company has a hearing slated with Nasdaq to discuss the matter. YRC hasn't traded above the $1 minimum requirement to stay on the Nasdaq since January, but this is a company with an enterprise value of $1.3 billion. So even though the stock price is small, YRC is definitely not.
  • IMAX (Nasdaq: IMAX) inked a deal for another two of its big-screen installations in China. IMAX now expects to have 67 screens in China come 2014. Who says China doesn't get the big picture?

Until next week, I remain,

Rick Munarriz

Best Buy, Google, and Microsoft are Motley Fool Inside Value recommendations. Google and IMAX are Motley Fool Rule Breakers picks. Amazon.com and Best Buy are Motley Fool Stock Advisor recommendations. Motley Fool Options has recommended buying calls on Best Buy and a diagonal call position on Microsoft. The Fool owns shares of Best Buy, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days.

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Longtime Fool contributor Rick Munarriz recommends windshield-wiper fluid when trying to look back. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.