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Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares.

Mr Yang founded the online company in 1995 with David Filo and was its chief executive from June 2007 until January 2009. His resignation comes two weeks after the company hired former PayPal executive Scott Thomson to be its new chief executive.

For Google, it's personal. The Internet search giant is no longer going to roll out the same search results to everyone... It's doing this in three ways. First, it's expanding search beyond public Web pages to the photos and posts you and others have shared privately. Second, as you type a person's name into Google, it will automatically suggest people you are close to or may be interested in. Third, Google is guiding users to profiles and Google+ pages related to the topic of interest.

Google’s recent ~$1b 3-year deal with Mozilla for Google to be the default search provider for hundreds of millions of Firefox browser users, which comprise over a quarter of the global browser/search market, has much broader and more serious antitrust implications for Google’s already very tenuous antitrust situation than most everyone appreciates.

Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO, the fourth one in less than five years for the struggling Internet company.

Yahoo Inc is discussing a plan to slash its stakes in China's Alibaba Group and its Japanese affiliate as part of a complicated share transaction valued at roughly $17 billion, sources familiar with the matter said on Wednesday.

With Google incessantly branching out into even more ventures such as music and social networking, its search business could continue to act as a minor Catch-22 situation in future by helping competition in other business lines.

Google has expanded its search blacklist to include many of the top file-sharing sites on the Internet, including The Pirate Bay. The changes were quietly processed and appear to be broader than previous additions. Google’s blacklist prevents the names of sites appearing in their Instant and Autocomplete search services, while the pages themselves remain indexed.

Competition's all relative. Yahoo, Microsoft and AOL all compete for ad dollars, but they all agree that marketers ought to put their budgets into premium content, not search or social.