Google and Yahoo may abandon their planned search advertising deal as early as next week.

According to the online edition of the Wall Street Journal, citing unnamed sources, reported that Google and Yahoo met with the Justice Department Thursday, and have not been able to reach an agreement to move forward on the deal.

Earlier this month Google and Yahoo agreed to put their search advertising deal on hold while Justice Department regulators reviewed the controversial partnership for antitrust violations.

When the deal was first announced i could not help feeling a little sceptical about it all. Makes you wonder whether they will sort it out or not.