| | Rivals closing in on Google search lead...
Friday August 19, 11:03 am ET
New figures out Friday show Google Inc. remains the Internet search leader, but rivals are catching up.
Google (NASDAQ:GOOG - News), of Mountain View, which Thursday announced plans to raise approximately $4 billion by issuing new shares, in a move to stay competitive, enjoyed 36.5 percent market share in the search business in July, according to comScore Media Metrix.
That put Google in the number one position, when search engines are ranked by the number of searches done by Web users.
It is followed by sites served by Yahoo Search from Yahoo Inc. (NASDAQ:YHOO - News), of Sunnyvale, with 30.5 percent market share; MSN Search from Microsoft Corp. (NASDAQ:MSFT - News), of Redmond, Wash., with 15.5 percent; Time Warner Network from Time Warner Inc. (NYSE:TWX - News), of New York City, with 9.9 percent; and Ask Jeeves, of Emeryville, which is now part of IAC/InterActive Corp. (NASDAQ: IACI - News), of New York City, with 6.1 percent.
But third place MSN Search saw a 30 percent gain in search volume in July, the highest of any search engine, reported comScore, of Reston, Va.
Yahoo Search also ranked as the most popular toolbar search choice, garnering 51 percent of such searches. With a toolbar search option, a computer user can enter their search in a small window on their Web browser, regardless of what site they happen to be on, rather than having to go to a search Web site to run their query.
Published August 19, 2005 by the Silicon Valley/San Jose Business Journal
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