Yahoo's Legacy: Profits Are Possible On The Internet, Associated Press, 27 Feb 2005
“Yahoo already has amassed an audience of 345 million, including 165 million registered users who rely on the company's Web sites for e-mail, e-commerce, news, entertainment, driving directions, matchmaking, weather forecasts, job leads and search results. The company believes it can become an even more vital information and entertainment hub as wireless and broadband technology changes how people interact with media, but Yahoo's leadership on the Internet isn't necessarily secure. Google, which got $10 million in early financing from Yahoo, looms as a formidable threat, and Microsoft Corp.'s MSN and Time Warner's AOL have also ramped up their Web portals.�
Full story at http://crn.com/sections/breakingnews/breakingnews.jhtml;jsessionid=GJOKGVBXHJXV2QSNDBCCKH0CJUMEKJVN?articleId=60403784&pgno=2
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