Microsoft confirmed today that it has integrated Twitter tweets and Facebook status updates into its Bing search results. After a morning of speculation triggered by several blog posts predicting the news, Qi Lu, president of Microsoft’s online services division, confirmed that the search deal had in fact taken place.

Microsoft’s VP of Microsoft’s online audience business group, Yusuf Mehdi, took the stage here to “demonstrate” the answer in what he called Bing “Wave 2″.

“We are going to get access to all the public Twitter information in real time,” Mehdi said, underscoring the breadth and implication of the deal. As for the Facebook deal: “The other deal we have done will come with all the publically available data on Facebook, and services from that will come at a later date.”

Continue reading: Microsoft Bing Strikes Major Search Integration Deals with Twitter, Facebook – PC World.