Thursday, March 24, 2011

Yahoo revamps web search

San Francisco: Yahoo Inc has revamped its Internet search service to
sense queries and showcase answers from movie listings to weather
forecasts, even as users are typing in a word.

The upgrade comes as Yahoo tries to regain market share in Web search
and counter new features on Google Inc's website.

"People are looking for answers; they're not looking for links," Yahoo
executive Shashi Seth told reporters in San Francisco while
demonstrating the new service on Wednesday.

The service, dubbed Search Direct, displays answers to queries in a
pop-up box which change in real-time as a user continues typing in a
search term. Google Instant, launched last year, predicts a search
term after only a few words are typed, and immediately serves up
relevant results.

Yahoo is talking to advertisers about new kinds of graphically rich ad
formats and video ads that could appear inside the Search Direct box,
said Seth, who is senior vice president of Yahoo Search and
Marketplaces.

"Over the course of the next couple of months you're probably going to
see some of these ideas at play," he said of the new ad formats.

Yahoo Chief Product Officer Blake Irving said Search Direct reflects
Yahoo's focus on improving the consumer search experience, after
back-end Web indexing chores were outsourced to Microsoft Corp in a
10-year deal the two companies struck in 2009.

Yahoo saved hundreds of millions of dollars in annual costs through
the deal. But Yahoo, whose overall net revenue declined about 4
percent year-over-year to $1.2 billion in the fourth quarter,
acknowledged in January that the revenue boost expected from the
search partnership had yet to materialize.

Yahoo's share of the U.S. search market has also slipped -- to 16.1
percent in February from about 20 percent in March 2009, according to
analytics firm comScore.

Over the same period, Microsoft's share rose nearly 5 percentage
points to 13.1 percent, while Google's grew to 65.4 percent from 63.7
percent, comScore data showed.

The idea of Direct Search, Yahoo executives said, is to provide
answers to search queries based on content in Yahoo's archive of
in-house and licensed content, rather than links to outside websites.

The service offers answers in 15 categories -- including sports,
movies and weather -- with more to be added in coming months.

Search Direct debuted in the United States on Yahoo's main search Web
page on Wednesday, and will gradually expand to the other parts of
Yahoo.com, including its home page.

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