Saturday, April 28, 2007

Yahoo Shares Slide on Dismal Q1 Results (E-Commerce Times)

Yahoo reported first quarter net earnings down 11 percent from Q1 of last year as the global Internet brand faces stiff competition from search-based advertising leader Google. Google captured a first-place 48.3 percent of the U.S. search market as of March 2007, compared to Yahoo's second-place ranking of 27.5 percent, according to the latest data from comScore Media Metrix.

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