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Yahoo CEO belittles Google's expansion - Boston.com:

"Yahoo Inc. Chairman Terry Semel belittled rival Google Inc.'s recent efforts to expand beyond its leading Internet search engine, describing the diversification as a haphazard attempt to catch up with his company.  'So far they don't seem to have a plan, but maybe they do,' Semel said Thursday during a question-and-answer session at an Internet conference. 'Maybe magic will happen tomorrow.'"

Saying something like that takes cojones.

[via Peter O'Kelly]