Sep 15, 2010 15:00 GMT  ·  By

The two companies are discussing a future agreement that would benefit them both and also develop the search relationship they have shared for many years now, according to All Things Digital.

Sources suggest that there is a chance for Microsoft's Bing search engine to extract anonimized data from Facebook clients that use the new added Like buttons.

This button can be found almost all over the Web and it allows users to express an interest for a certain page with only one click, thus telling their friends about it on Facebook.

For now there is no signed deal and there are chances that this project is never realized but just think if it comes true, search users as well as advertisers would be ecstatic.

If the deal is sealed, it will give an insight on what people are actually interested in and not just huge amounts of information like it is the case now.

It would also be a giant step for Bing which will get even closer to Google than it is now, since the same data will be available on both search engines, but with Facebook as a partner, Bing will have a certain advantage.

On the other hand, Facebook has many privacy issues so other sources say that even if the two companies unite, the search will not reveal more information than the users are willing to disclose.

Nearly one year ago, Microsoft and Facebook concluded a nonexclusive agreement which integrates Facebook’s real-time feeds of public status updates into the Bing, as part of a search/investment relationship between the two.

Currently, Facebook benefits from Bing's global Web search, influencing branded results any time someone searches within the service.

In late 2007, Microsoft has invested over $240 million in Facebook and ever since, is in great terms with the company from Silicon Valley.

Thanks to Bing, Facebook has a barrier against Google, as their relationship got worse in time dur to competition.