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  Bing overtakes Yahoo in global search wars
Time: 12:03 EST/17:03 GMT | News Source: ComputerWorld | Posted By: Jonathan Tigner

It didn't take very long - less than a week - for Microsoft Corp.'s Bing to surpass Yahoo Inc. to become the number two search engine in the U.S. and worldwide.

A report today from StatCounter Global Stats, which analyzes Web site traffic, also shows that Bing grabbed some market share from rival Google Inc. StatCounter analyzed search engine use on Thursday and found that while Google still dominates the U.S. search engine market with a 71.47% share, Bing grabbed 16.28% and Yahoo came in third with 10.22%.

"It remains to be seen if Bing falls away after the initial novelty and promotion but at first sight it looks like Microsoft is on to a winner," said Aodhan Cullen, CEO of StatCounter, in a statement. "Steve Ballmer is quoted as saying that he wanted Microsoft to become the second biggest search engine within five years. Following the breakdown in talks to acquire Yahoo at a cost of $40 billion, it looks as if he may have just achieved that with Bing much sooner and a lot cheaper than anticipated."

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