Yahoo buys email search co
p2pnet.net News:- With Google reporting boom times, Yahoo isn’t doing badly either.
Revenues were $907 million for the third quarter of 2004, a 154% increase compared to $357 million for the same period of 2003, it says. And revenues excluding traffic acquisition costs were $655 million for the third quarter of of 2004, an 84% percent increase over the same period in 2003.
Yahoo is also looming large on the email search horizon having just bought Stata Labs,
This acquisition will provide Yahoo! with exceptional technological expertise and strategic assets, says Stata onits web site. So what willYahoo! do with the technology?
"At this time we do not have any announcements about the ongoing plans for the technology or the specifics of the transaction," says Stata.
However, Stata’s Bloomba e-mail client called allows users to manage and organize multiple e-mail accounts, search through mail, and even save searches as views, says PC World, going on that although it was, "lauded by reviewers as being efficient and easy to use," it lacked a high profile and large development budget and "Yahoo doesn’t plan to continue offering the Bloomba product or its spam filter software SAproxy Pro".
"The buy also comes as Yahoo faces increasing competition from search giant Google," adds the story. "In addition to rolling out a beta of Gmail earlier this year, Google introduced just last week a desktop search application that allows users to search for information in PC files, local e-mail and instant messaging sessions."
Google Desktop Search is raising a lot of eye-brows, especially among people with privacy concerns.
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See:-
Google – Google: profit boom times, p2pnet, October 23, 2004
154% increase – Yahoo! Reports Third Quarter 2004 Financial Results, Yahoo!, October 12, 2004
strategic assets – Stata Labs has been acquired by Yahoo!
lauded - Yahoo Buys E-mail Search Company, PC World, October 22, 2004
privacy concerns – Google Desktop Search, p2pnet.net, October 22, 2004
