Yahoo! used its annual financial analyst day to announce an expanded email service. With Google's beta GMail service grabbing so much attention, Yahoo! will expand the amount of free storage to 100MB per user over the summer, and a rather vague promise of "unlimited" storage for paid users. GMail will offer 1GB of storage and a vastly superior search capability. 100 MB of storage in Yahoo! Mail currently costs $49 a year.
In response to privacy concerns, Google has said it will consider offering a pay-for version of GMail without the spybots. But Google often says it will consider doing something that it has no intention of doing, and never does. Yahoo! indulged in some bluffing of its own for Wall Street's benefit. The company says it intends to increase the number of subscribers, currently just below 6m, to 15m, a revised long-term target.
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May 14, 2004, 11:32 AM
