The arrangement will begin next month with Yahoo's HotJobs service and then move to other types of content, advertising and technology, according to the New York Times. An executive at one of the seven newspaper chains involved in the deal says the long-term goal is to increase the value of local news by having it tagged and optimized for search. Yahoo will also make available event listings, maps and other content and tools on the newspapers’ Web sites.

Continue ReadingYahoo! in Broad Partnership with 176 Daily Papers