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For Microsoft, Google's overwhelming dominance of search has not deterred the Redmond software giant from trying to compete in the market.
In fact, if anything, it's only given Microsoft a greater incentive to try to recapture a market it probably believes it should have owned.
After years of failure, it's hard to argue that Microsoft has finally made some headway in the search wars with Bing. At the same time, of course, this doesn't mean that Bing will ever compete toe-to-toe with Google, or that Bing will ever become a profitable investment.
In terms of hard numbers Google is still the leader in the search engine market, certainly in the US, UK and many parts of Western Europe, but that doesn’t stop Microsoft’s Bing from pulling out all the stops to gain some ground.
Here are five important ways in which Bing might just be starting to get an edge on Google.
Google, Bing and Yahoo may not be the best of friends, but every once in a while they do get together in a high-profile way.
Despite the potential for search engines to leverage data culled from popular social networking hubs like Facebook and Twitter, it's still unclear what social's long-term role in search will be.
When it comes to Bing, however, one thing is clear: Microsoft 'likes' Facebook.
According to a report by BIA/Kelsey, in just a few short years, consumer spending on 'daily deals' like those offered by Groupon and LivingSocial could reach $6bn.
So it's no surprise that the concept has been commoditized and everyone is jumping on the daily deal bandwagon. Take for, instance, major publishers like the New York Times which is launching its own daily deal service called TimesLimited.
You'd think that after being caught red handed copying Google (or not), the engineers at Bing would come up with something original. But copying Google is just far too easy.
Sarcasm aside, Bing announced yesterday that it has added new personalization and localization features closely resembling similar features Google has had in place for some time.
Google and Microsoft are rivals, and they have been for some time. Everybody knows that. But what was previously a healthy rivalry between two of the most prominent names in technology increasingly looks like a bar-room brawl.
Earlier this week, the two companies became involved in a very public spat that created a social media spectacle and led TechCrunch's MG Siegler to write, "Wow, Microsoft and Google are punching each other in the face right in front of us."
I've been asking some of the UK's search experts about the most significant events of 2010, and their predictions for next year...
It's widely assumed that search engines are incorporating signals from popular social networking hubs into their algorithms. After all, millions upon millions of links are shared every day on sites like Facebook and Twitter. It would be somewhat surprising if search engines like Google and Bing were ignoring these links, particularly given the fact that the largest search engines all have data deals in place with Twitter and/or Facebook.
But which signals are being used, and what sort of weight are they being given? Thanks to interviews Search Engine Land's Danny Sullivan conducted with both Google and Bing representatives, we now have a better idea.
Will any company ever be able to compete effectively against Google in the search market? Microsoft is trying, and spending a lot of money in doing so.
But Steve Ballmer might want to have a chat with IAC's Barry Diller. That's because Diller, who spent close to $2bn buying Ask.com in the belief that it might one day compete with Google, has come to the conclusion that Google just can't be beat in search.
Few search experts doubt that social media will have some impact on the SERPs in the future, but up until now, it hasn't been very clear that search engines like Google and Bing quite know the best way to integrate social content and signals into their algorithms and UIs.
But if several changes spotted in the wild on Google News results are any indication, they're increasing their rates of experimentation.