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Old Jul 1, 2004, 09:35 AM   #1
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New Web Search From Microsoft

"Microsoft Corp. late on Wednesday rolled out a revamped version of its MSN Web search service with partner Yahoo Inc. and made an early test version of its homegrown search engine available to Webmasters and search enthusiasts.

Microsoft, whose launches come amid a frenzied battle for Internet search offerings, came late to the Web search race but over the past year has made the emerging market a top priority. It said its new streamlined MSN offering, which strips out some paid advertising, would rival that of Web search leader Google.

Microsoft said the changes to MSN search represent a $100 million investment including the value of foregone ad revenue, research and development and marketing.

Meanwhile, Microsoft said it is taking its first steps toward a full launch of its own search engine, which would eliminate the need for the world's biggest software company to license that technology from Yahoo."

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