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Google's Rise At Yahoo's Expense
Sounds like Yahoo is getting frustrated at Google's announcement last week that profits grossly exceeded expectations. Google continues to gain more market share over Yahoo and analysts are now voicing concerns about Yahoo's CEO's performance!
Yahoo's first-quarter revenue was $1.67 billion, less than half Google's $3.66 billion. Google, once again, blew away Wall Street expectations, while financial analysts openly wondered how long Yahoo CEO Terry Semel would stay in the Internet company's corner office.
Posted by | Mon, Apr 23, 2007 - 08:30 AM
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