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Instant messaging is already well established, of course. Yahoo!, MSN and AOL (owned by TIME's parent company, Time Warner) have offered it for years. And Net telephony provider Skype has 51 million people using its system. So why would Google, with an $80 billion empire built entirely on search, bother playing catch-up on a product that seems unlikely to earn it much money? The same reason a hotel offers free wi-fi, says Scott Cleland, CEO of Precursor, an investment research firm. "They're not doing it to make money on wi-fi. It's to get people...
...Microsoft and Yahoo! compete for the lucrative search market, Google is fighting back. "Many of the leaders of Google come from companies that have lost to Microsoft multiple times in the past--Sun, Novell, Netscape," says UBS Investment Research's Benjamin Schachter. "They're not going to sit back and just play defense." If offense is more their style, new plays are sure to unfold. --By Amanda Bower. With reporting by Laura A. Locke/San Francisco
...sure, you can already access an estimated 10 billion pages of online text--thanks to Google, Yahoo!, MSN and other search engines. Americans conducted more than 4.8 billion searches in July--a 22% increase over July of last year, according to a study by comScore Media Metrix. But who needs 14,120,000 results in response to a simple question? People don't want a list--they want an answer...
While Google is still the forerunner in search, with 36.5% of the queries, Yahoo! is a strong runner-up, with 30.5%, and MSN stands at 15.5%, according to comScore Media Metrix. In mid-August, Google announced that it plans to raise an additional $4 billion to fund its next round of growth. The Big Three are investing aggressively in search technology, and with their deep pockets, they are likely to remain the innovation and market-share leaders for some time to come. But a crop of new start-ups, mostly clustered in Silicon Valley and Seattle, offer a glimpse...
Nice try, Jack. Whitman is in China because she knows the cost of failure could be astronomical. In 1999, technical problems delayed eBay's roll-out in Japan. That allowed Yahoo! to get a jump on the online shopping business in what has become the second largest e-commerce market in the world?a lead it has never relinquished. eBay pulled out of the market entirely in 2002, a move Whitman has rued ever since. She is not about to let the Japan debacle be repeated anywhere else, especially China; nor is it probable that she wants to spend another...