Yahoo comes full circle with retreat from search (AP)

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Yahoo Inc. invested billions of dollars in its Internet search engine during the past six years before realizing it made more sense to entrust the job to an outsider


Date : 2009-07-31
FILE - In thia March 3, 1997 file photo, Yahoo! co-founders David Filo, left, and Jerry Yang hold up a fish prop in Filo's office in Santa Clara, Calif. Yahoo Inc. invested billions of dollars in its Internet search engine during the past six years before realizing it made more sense to entrust the job to an outsider something the company's co-founders concluded shortly after they started a Web directory in the mid-1990s. This week's deal with Microsoft closes another chapter in an influential Web pioneer that has seen many of them. (AP Photo/Paul Sakuma, file) AP - Yahoo Inc. invested billions of dollars in its Internet search engine during the past six years before realizing it made more sense to entrust the job to an outsider hearkening back to a conclusion the company's co-founders reached shortly after they started their Web directory in the mid-1990s.



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