Yahoo! puts a price on searches

Thanks Paul Piovesan for the heads up :D

"Yahoo Premium Document Search," is designed to expand on a previous agreement with search technology provider Northern Light Technology, which Tuesday was acquired by enterprise software company Divine. Northern Light last year created a premium search engine for Yahoo's corporate clients.

"This fits into our desire to diversify revenue and more effectively monetize search and directory," said Scott Gatz, vice president of search and directory for Yahoo. Terms of the deal were not disclosed.

The move comes as Yahoo launches a flurry of money-making schemes in a bid to revive its revenue, which dipped to $717 million in 2001 from $1.1 billion in the preceding year.

Last November, Yahoo struck a deal with paid search provider Overture Services to integrate pay-for-placement listings into its search results. In addition, Yahoo has begun to charge visitors for a smattering of services, including more e-mail memory, real-time stock quotes, online personals and auctions.

Although the new search service has not officially launched, a preview available to Web surfers Tuesday offered a glimpse of what's to come.

News source: MSNBC - Yahoo! puts a price on searches

Report a problem with article
Next Article

StyleBuilder RC3 (0.9.2.1)

Previous Article

Windows 2000 SP3 setup error message patch

-1 Comments - Add comment

Advertisement