Yahoo Could Take Years to Recover, Says CEO Bartz
Date: Thursday, March 04, 2010 @ 03:47:01 UTC
Topic: search engine


Yahoo could emulate Apple in the 1990s in taking years to restore itself to competitive health, CEO Carol Bartz told reporters during a March 2 event to commemorate Yahoo's 15th anniversary. Although Yahoo has aggressively sought to expand its more popular features while cutting underperforming applications and programs, the company has seen its U.S. search-engine market share decline in recent months. A 10-year agreement with Microsoft will see Bing power Yahoo’s back-end search, allowing Yahoo to focus primarily on designing its offerings in ways that appeal to a broad number of users.
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