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Web giant Yahoo said it is still in the search game despite falling market share in a business it helped create.
The company held a press event to address what it called "misconceptions" about its search efforts.
Yahoo said a deal to let Microsoft's Bing power searches on its sites might have led many to think Yahoo had abandoned one of its core businesses.
"Yahoo has been in search, is in search and will continue to be in search," said Yahoo's search boss Shashi Seth.
When it comes to those pages, Yahoo seems to be in a state of confusion. Its Sports section, for example, has reporters producing top-notch original material ranging from scoopy news items and blogs to long-form analysis pieces. The other parts of Yahoo tend to rely far more heavily on stories and other content from outside organizations.
According to Ms. Bartz, the majority of Yahoo’s sites will go the way of Sports. In particular, Yahoo will throw investments behind its entertainment, finance and news operations. Ms. Bartz noted that there are plenty of unemployed journalists out there to pick up.
This is, of course, a delicate dance for Yahoo. The company’s strength has been in collecting information, not producing it. As Yahoo competes more and more with its partners, they may turn their back on Yahoo.
That is the stake we have put in the ground. We will continue to show innovation and drive lots of great features and products into the marketplace and wow our users
"Yahoo has been in search, is in search and will continue to be in search," said Yahoo's search boss Shashi Seth.
"Yahoo has been in search, is in search and will continue to be in search," said Yahoo's search boss Shashi Seth.
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