Article: Microsoft concedes misstep in search technology

ALLISON LINN, AP Business Writer
AP Worldstream
03-25-2004
Dateline: REDMOND, Washington
When Microsoft Corp. entered the Internet browser war in the 1990s, Netscape Navigator was the early leader and Microsoft's Internet Explorer the late-blooming upstart.

Now, Microsoft is gearing up for a similar battle in search technology.

Chief executive Steve Ballmer conceded Thursday that one big misstep by Microsoft over the past few years is that the company did not put resources toward in-house research and development of search technology.

"That's probably the thing I feel worst about over the last few years _ not making our own R&D investment," Ballmer said at a conference for online ...

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