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Yahoo reaffirms commitment to search

     
12:58 pm on Jan 26, 2006 (gmt 0)

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Following on from [webmasterworld.com...] where Yahoo said
"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."

Today, thay say:

Yahoo is still very much committed to search, the company said in response to a media report claiming that the company had conceded the search battle to Google.

Two company executives emphasised in a posting on the Yahoo Search Blog that they considered the battle far from over. "We are still in the early days of search. We're in it for the long haul, and we're in it to win," they wrote.


[vnunet.com...]
2:21 pm on Jan 26, 2006 (gmt 0)

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Can you say damage control? Is that woman collecting unemployment yet or what?
2:27 pm on Jan 26, 2006 (gmt 0)

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"Can you say damage control? Is that woman collecting unemployment yet or what?"

Or her check from Google :)

2:29 pm on Jan 26, 2006 (gmt 0)

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The article also says

Lu and Walther also talked up Yahoo projects and acquisitions including Flickr, del.icio.us and My Web as proof that the company is continuing to innovate and help users access information through other ways than web searches.

Uh huh. How is saying your innovating and helping users "through other ways then web searches" going to help your case that you are still committed to said web searches?

Face it Yahoo, you showed your hand and Wall Street took notice: here's Yahoo's 5 day chart for this week [finance.yahoo.com]. See that big volume spike on Wednesday? There's your impact.

2:35 pm on Jan 26, 2006 (gmt 0)

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Uh huh. How is saying your innovating and helping users "through other ways then web searches" going to help your case that you are still committed to said web searches?

Have you ever used del.icio.us? Its my backup search engine - especially for searching on webmaster/programming relating things. I would say Y was thinking the same when they purchased it.

2:45 pm on Jan 26, 2006 (gmt 0)

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If I may venture a guess, one might conclude that while Google dominates the pure mechanical algorithm-based catalog of cyberSpace, Yahoo! aims to carve out its niche in the human-edited, wiki, folksonomy/tagging approach, which is its vague plan for how to distinguish itself from Google...and even if they do manage to totally dominate that kind of approach, Google's approach is still going to be more effective. But I'm just blathering here, mind you, pure conjecture.
2:58 pm on Jan 26, 2006 (gmt 0)

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So for all of those that think it was a smart move or the right move to make such a statement, you're in a shrinking minority. Clearly even the Yahoo folks didn't like it.

That post is clearly to help morale among the search folks. As I said before, how'd you like to be #2 and have a leader tell everyone we've given up on being #1?

If I was the VP of search, I'd be screaming at her. How am I going to retain and attract talent now?

5:05 pm on Jan 26, 2006 (gmt 0)

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Seems like an appropriate response to a quote that the media is over emphasizing(given in a system built on expectations always be positive and accurate). Additionally, all tech stocks have been taking a serious beating over the past few days, not just Yahoo.
6:53 pm on Jan 26, 2006 (gmt 0)

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Hmmmm... but maybe there are some unintended consequences here?

A slip of the tongue gets everyone talking...

The troops start to worry...

The talker walks the plank... or back-peddles (hard)...

Y! has to prove they will go the 'extra mile' to attract and retain talent...

To prove they are committed to search Y! *must* become a better Search Engine...

By becoming a better Search Engine, they gain market share...

Likely? Dunno.
Possible? Absolutely.

Justin

7:36 pm on Jan 26, 2006 (gmt 0)

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Funny, good words now they still are a completely obsolete search engine imo
8:29 pm on Jan 26, 2006 (gmt 0)

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Good call ikkyu- those properies are nothing to be sneezed at, and I think luckychucky might be onto something here as well.

My comment was born mostly from my semi-irrational loathing of Yahoo's paid inclusion program, so take it with a grain of salt :P

If Yahoo still wants to try to be #1 then that's awesome, but they better get their head out of their proveribial backside if they want to be able to accomplish that goal.

8:59 pm on Jan 26, 2006 (gmt 0)

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Yeah I agree, Y! needs to make some sort of serious attempt at improving their search engine if they are to be believed. As we all know on this forum, they are no where close to this with the current algo.

And whats her name...I would hope that she has been canned for opening her mouth in such a manner. If she worked for me she would be gone immediately for such a public statement.

9:45 pm on Jan 26, 2006 (gmt 0)

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"So for all of those that think it was a smart move or the right move to make such a statement, you're in a shrinking minority."

That's not what people said. Maybe your pitchfork got in the way of your hearing.

The statements don't even contradict each other, because clearly in the long run just maintaining their market share could make them #1 as more competitors join in.

Is there any other area where hysteria is more rampant than search engines?

And more to the point, it should be easy to see that Yahoo's priority should be in improving its search product. Until they do that, they should be "very happy" to maintain their market share. If/when they improve their product somewhere down the line, in the long haul, they can put a different goal in their sights.

6:21 am on Jan 27, 2006 (gmt 0)

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It may have been, as others have said, just an attempt to keep the stock market 'gurus' from setting their future earnings estimates too high. Given that it certainly backfired a bit, but has created buzz which is what everyone wants nowadays isn't it?
8:00 pm on Jan 29, 2006 (gmt 0)

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Yahoo has crawled over three times the number of files (with very few repeats) as Google has this month. It's been that way since I've tracked it for almost three years now.

I admit as a webmaster I have to use google but I still use Yahoo search a lot and find it useful.

Both search engines need some serious work in certain regards but I don't see any real difference besides some page layouts and media emphasis.

 

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