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Bing surpasses Yahoo in searches for first time ever

Microsoft has finally won second place among search engines. Carving out 15.1 percent of the market in December, Bing narrowly outstripped the 14.5 percent share eked out by Yahoo, according to data released yesterday by market researcher ComScore . Of course, Google still led the search engine market with a whopping 65 percent share. But December was the first month in which Microsoft outshone its competitor and partner Yahoo, according to a Citi analyst  cited by TechCrunch . As always, ComScore's numbers include only explicit core searches that people manually enter on a Web page. Under the hood, Microsoft and Yahoo use the same search engine technologies. But  Yahoo has been gradually shedding share  over the past year, while Bing has been soaking up more. A year ago, Yahoo's search market share was 16 percent, while Microsoft was stuck with only 12 percent. And though Google's lead has stayed firm, its share for December was slightly down from the 66...

Yahoo dangled $27M pay package to get new CEO

SAN FRANCISCO (AP) —  Yahoo  dangled a $27 million pay package to lure its newly hired CEO  Scott Thompson  away from  PayPal . The struggling Internet company disclosed the details of Thompson's compensation in a regulatory filing late Friday. Thompson starts his new job Monday after spending the past four years running eBay Inc. 's PayPal service, where revenue more than doubled during his tenure. PayPal took in an estimated $4.4 billion last year. That kind of robust growth is a fuzzy memory for Yahoo Inc., a one-time Internet star whose revenue has sagged as online advertising flowed increasingly to rivals  Google Inc.  and Facebook. Yahoo  has promised better times under three new CEOs in less than five years, only to frustrate investors each time. They've been especially disenchanted since the company squandered an opportunity to sell itself to  Microsoft Corp.  for $47.5 billion, or $33 per share, in May 2008. The stock hasn't tr...