Live Search September 2008 Update Underway from the Search Engine Roundtable reports discussion at WebmasterWorld that Live Search is undergoing a major index and ranking update.
The Live Search results seem to have changed, and webmasters and SEOs are taking notice. I personally noticed referral increases and drops from Live Search on some of the sites I monitor. The update seemed to have started at about 9:30am (EST) yesterday, but we currently do not have any official word from Microsoft on this update.
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