Search Engine Finance Round-Up

Excite@Home Wants Out of Media Business, April 17, 2001,,8_744781,00.html

Excite@Home says it plans to concentrate on its broadband business, suggesting that its commitment to maintaining the Excite web site may be waning.

Semel: The new Yahoo on the block, April 17, 2001

Yahoo hires a new CEO, Terry Semel, formerly of Warner Bros.

Slowdown catches up to Ereo
Denver Post, April 13, 2001,1002,33%7E20736,00.html

Image search company Ereo, whose star seemed bright after signing a deal with Excite, has cut 75 percent of its staff due to lack of funding.

Excite Europe says approached by potential buyers
Reuters, April 12, 2001

Excite's European operation is being approached by possible buyers.

Yahoo's turn: Cuts 400 jobs, April 11, 2001

Yahoo gets struck by dotcom malaise, laying off 12 percent of its staff, or about 420 people.

Is Google ogling Yahoo's crown?, April 10, 2001

Is Google likely to encounter problems as it rises in popularity compared to some sites that it powers? Google says no -- its 130 customers don't see it as competition. And while its going to continue adding features, don't expect free email or other portal-like sticky features. Also, details that half of Google's revenue comes from licensing, the other from advertising on its site.

Hasta La Vista to AltaVista?
Industry Standard Europe, April 6, 2001,1902,23409,00.html

Will CMGI be selling off AltaVista? Some sources say it's likely, while the official word is no.

FindWhat Revenues up But Q4 Losses Widen
AtNewYork, April 3, 2001,1471,8491_732471,00.html

FindWhat's loss widens but the company remains optimistic.

Inktomi Scours the Net for Profits
Business Week, April 4, 2001

Interview with Inktomi's CEO on the company drop in earnings. Inktomi dropped its earning expectations earlier this month, blaming a downturn in demand for its caching product. That's caused the company to layoff 25 percent of its staff, or 250 people. What's interesting here is that for the longest time, Inktomi almost downplayed its search products, because some analysts saw these as a weakness for the company. For instance, when Inktomi lost the Yahoo account last year to Google, a loud response from Inktomi was, "Hey, we do more than search!" Now, search products might be the company's saving grace. Search revenues were up 65 percent last quarter when compared to the previous year. That was about US $21 million -- and not too far off the $36 million Inktomi expects caching to earn for its second quarter. Inktomi announces its quarterly earning today, so expect more news stories and analysis to come.