Google Founder: A "Shame" That Yahoo Abandoned Search
Google (GOOG) co-founder Sergey Brin said Thursday that he believes it’s a “shame” that Yahoo (YHOO) had decreased its focus on Internet search, through its recently announced partnership with Microsoft (MSFT).
Yahoo in July agreed to a pact with Microsoft that effectively sees the Sunnyvale, Calif., Internet company outsource search to Microsoft.
Mr. Brin, who with Larry Page founded Google, said that, despite the company’s dominance of the Internet search-advertising market, he believes there is healthy competition. He’s disappointed, however, that Yahoo, for some time Google’s key competitor, is decreasing its work in that area.