Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.

Yahoo! is the only company with both scale and leadership in branded and search advertising.

Let me start with Yahoo. As we meet today a Chinese citizen who had the courage to speak his mind on the Internet is in prison because Yahoo chose to share his name and address with the Chinese Government.

The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!

If an Internet company steals content they shut it down. And let me tell you Apple France Yahoo France or Google France none of them have gone out of business.