Filed under: Google (GOOG), Microsoft (MSFT), International Business Machines (IBM), Oracle Corp (ORCL)

Google Inc. (NASDAQ: GOOG) search dominance remains intact. According to a recent report from Hitwise, the firm garnered about 66% of Web searches in the US (for December). That’s up from 63% in the same period a year ago.

How about Microsoft Corporation (Nasdaq: MSFT)? Well, things are not so good. Over the same period, the market share fell from 9.8% to 7%.

So what to do? As usual, Microsoft is spending more money.

That is, today the firm announced it is shelling out $1.2 billion for Fast Search & Transfer, ASA (OSL: FAST), which is a search company based in Norway.

Continue reading Microsoft: Another billion for online search

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This entry was posted on Wednesday, January 9th, 2008 at 12:05 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.