Yahoo vows to 'continue to be in search'

Yahoo vows to 'continue to be in search'

12:28 12th February 2010

Yahoo has vowed its commitment to search and announced a series of new products that will cement its place in the business.

The company, which has suffered a falling market share in a business it helped create, said that an agreement to allow Microsoft's Bing power searches on its sites might have prompt many to believe Yahoo had ditched one of its core businesses.

"Yahoo has been in search, is in search and will continue to be in search," said the web giant's search boss Shashi Seth at a press event to address what Yahoo called "misconceptions" about its search efforts.

"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," added Mr Seth.

In other news, Google has unveiled its latest social network, known as Buzz, in a move that pitches the company against rival sites such as Facebook.

The service allows users to post status updates, share content and read and comment on friends' posts.

Written by Paul Davis

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