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Google to Abandon Answer ServiceSubmitted by: kirkland on Thursday November 30th, 2006 at 06:19 PM EST
The retreat, announced in a notice posted on Google's Web site late Tuesday night, represents a rare victory for rival Yahoo Inc. It also may signal Google's intention to refocus on its core search engine, a moneymaking machine that generates virtually all its profits. Google executives have recently expressed worries about having too many disjointed products scattered across its Web site. Despite those distractions, Google still holds a large lead over Yahoo in basic Internet search. Google has parlayed that advantage into more rapid profit growth that has lifted its stock price to new heights while Yahoo shares have slumped badly for most of the year. » Full story @ Forbes 0 Comment(s) [Create new Comment | Email Story] |
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