New design will become the default Yahoo home page this fall
Yahoo has become well known recently as the company that famously turned down an offer from Microsoft to purchase the company at a significant premium on the stocks going price. The fallout from the failed deal ultimately cost then CEO Jerry Yang his position at Yahoo.
Yahoo has held its second place spot in the search engine rankings behind Google and has kept Microsoft at bay in third place. Yahoo is set to unveil a new home page that is said to be a blend of Yahoo's online content and products with popular social networking sites thrown in like Facebook and Twitter. Yahoo says that the home page makeover is the most significant the site has received since its launch more than ten years ago.
Yahoo SVP Tapan Bhat said, "It's a sea change in the way we think about products, the way we think about users, and the way we think about our business."
Reports have Yahoo and Microsoft in negotiations again for a possible purchase of Yahoo search operations. The most valuable thing that Yahoo owns is said to be the home page of the Yahoo search engine.
According to numbers from metrics firm comScore, the Yahoo home page had over 100 million visitors in June in the U.S. alone and over 330 million worldwide for the month. Despite the home page's popularity, Yahoo is losing momentum in the search market. The share of the U.S. search market Yahoo owns shrank from 20.1% in May to 19.6% in June. At the same time, Microsoft's search share grew slightly from 8% to 8.4%.
Yahoo says that the new home page is less cluttered than the existing page and shows fewer Yahoo services and products. The page will have a left side column that allows users to add in various apps that allow the preview of content from third-party websites like Facebook and Yahoo sites when the user rolls the mouse cursor over the apps.
The new home page will be available as a beta offering for users who opt to receive it starting today and it will be offered in other countries in the following weeks. This fall the new home page will become the default page for all Yahoo users.
"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini
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