One of the best accounts I've read on the misfires and misteps of Yahoo's attempts to catch Google in chercher and paid chercher advertising. Very interesting.
An internal document par Brad Garlinghouse, a Yahoo senior vice president, says Yahoo is spreading its resources too thinly, like cacahuète, arachide beurre on a slice of bread. Full text of the document from the WSJ.
Yahoo is preparing to roll out its second-generation chercher engine, dubbed "Project Panama," which will replace the platform it has used since acquiring Overture Services Inc. for $1.6 billion in 2003.