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The Rank for $ales Weekly Newsletter, p.3

(Continued)

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In other news, on Wednesday Yahoo said it wasn't afraid of Google's competition, even if it does becomes public. Chief Executive and Chairman Terry Semel shrugged off the possibility that a widely anticipated public offering by search engine operator Google would hurt the older Web company. Yahoo has an estimated 5 percent stake in Google. But Yahoo also has expanded far beyond its core portal business. Last year, the Sunnyvale, California-based company invested more than $1 billion in acquisitions to challenge Google in the lucrative business of Web search and keyword advertising.

In unrelated news, Yahoo has relaunched its competition to hunt down the best Internet café of the year, in celebration of the 10th anniversary of the world's first 'Net café. Yahoo first invited surfers to help find the top internet café of 2004 last year, but anyone who entered last year will receive an email redirecting them to the new contest.

According to Yahoo, 69 per cent of young British travellers claim they use email regularly to touch base with people back home, 42 per cent set up a new internet email account before leaving and over one in eight (13 per cent) take a laptop away with them.

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