
Posted on Tuesday, January 24 2006 @ 23:06 CET by Thomas De Maesschalck
Yahoo says it capitulated to Google in the battle for mark dominance:
"We don't think it's reasonable to assume we're going to gain a lot of share from Google," Chief Financial Officer Susan Decker said in an interview. "It's not our goal to be No. 1 in Internet search. We would be very happy to maintain our market share."
Yahoo!'s comments underline the difficulties any Internet company faces in trying to challenge Google's dominance of the Web search industry. Google has at least double the market share of Yahoo! and Microsoft Corp. in Internet search, the largest and most profitable segment of online advertising.
More details over at
Seattle PI.