Monday, April 7, 2003 Posted: 9:35 AM EDT (1335 GMT)
SAN FRANCISCO, California (AP) -- Yahoo! Inc. is rolling out a souped-up search engine Monday in a bid to supplant its business partner, Google, as the most popular place to find things on the Internet....
Google declined to comment on Yahoo's new search engine....
Yahoo played a vital role in Google's rise. After encouraging Google to create its search engine, Yahoo raised the startup's profile nearly three years ago by licensing Google's software to run the searches on its popular online portal....
According to the industry newsletter, Google handles an average of 112 million searches a day and Yahoo handles about 42 million. Most of Yahoo's results are generated by Google's software.
With its success, Google has introduced other services, such as news and shopping pages, that traverse Yahoo's turf.
To lessen its dependence on Google, Yahoo last month bought search engine specialist Inktomi for $279.5 million. Yahoo plans to incorporate Inktomi's tools in to its search engine by year's end.
SOURCE - http://www.cnn.com/2003/TECH/interne....ap/index.html