The president of Microsoft's online services division, Qi Lu, used the Web 2.0 Summit as the forum to confirm rumored deals it has made with social networking sites Facebook and Twitter to deliver real-time search results through the Bing search engine.

At first blush it seems like a bit of a coup that Bing has apparently scooped Google to ink these deals first. But, based on what is known at this time the deals don't provide any exclusivity or preclude Google from reaching similar agreements as well. It may simply be a matter of time before Google makes a similar announcement.

Microsoft has a stake in Facebook, and there were rumors swirling earlier this year that Google was considering buying Twitter. Bing launched a Twitter search integration of sorts back in the summer, but as of a couple weeks ago both Microsoft and Google were still aggressively pursuing some sort of real-time search collaboration with these social networking giants.

More: http://pcworld.com/businesscenter/blogs/bizfeed/174076/