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Despite Google's $159 billion market cap - or rather, one suspects, because of it - Jimmy Wales, the guy who created - for better or worse - Wikipedia, figures Internet search is broken - because it's proprietary - and needs to be reinvented, freeing "the judgment of information from invisible rules inside an algorithmic black box." (Odd, he questions the biases of algorithms more than Wikipedia articles. Hmmm.) Anyway, back six or seven months ago he set up a LAMP-based project called Search Wikia to build a new for-profit search platform out of open source search protocols - like the open source Lucene search engine widgetry - and Wikipedia-like human collaboration. Wales has now acquired the Grub web crawler - dusty shelf-ware for the last few years - from LookSmart Ltd, an online targeted advertising company, on undisclosed terms and open sourced it. However, s... (more)

Yahoo That Demanded $37 From Microsoft, Sinks to $22.30

"The breakdown in the talks is likely to send Yahoo's shares plunging, and Mr. Yang and his team will have to decide how to placate investors," reported New York Time Sunday morning. Monday morning before the markets open Bloomberg reported "Yahoo, the Web company that spent three months fighting a takeover by Microsoft, tumbled $6.37 to $22.30. The software maker said this weekend it walked away when Yahoo demanded $37 a share. Microsoft had increased its $44.6 billion bid by about $5 billion to $33 a share. Microsoft shares added $1.27 to $30.51. " "I am disappointed that Yahoo... (more)

Google Version 2.0: Googzilla - The Calculating Predator

Google's database inventions by themselves, according to Stephen E. Arnold, who has written a patent-centric study of the company, show that Google's research unit has superseded Bell Labs and Xerox PARC as the place for technical innovation in the U.S., if not the world. Arnold (pictured below) is president of Arnold Information Technology and the author of an earlier book, "The Google Legacy," that changed how many investors and technology experts view the Mountain View, Calif., company. His new study, "Google Version 2.0: The Calculating Predator," is a detailed review of patent... (more)

AOL To Enhance Video Search Engine by Adding RSS Feeds

"With AOL Video Search, we are providing consumers with a faster, easier way to find the best videos on the Web." said Kevin Conroy, Executive Vice President of AOL Media Networks who announced that new RSS feeds from partners for its video search engine. These new partners include Blastro.com, EVTV1.com, Forbes.com, GameTrailers.com, PC World and Time4 Media properties including Transworld Skateboarding, Transworld Snowboarding and Transworld Surf. Featuring content ranging from humor, news and technology to music, sports, and video games, these new optimized video RSS feeds wil... (more)

Microsoft's Chase After Google Reverberates

Microsoft, supposedly thwarted in previous bids for other Google-adjusting properties, is paying $6 billion cash for aQuantive, a 10-year-old publicly held Internet ad company that could be said to have been relatively unknown when Microsoft announced that it was paying an outlandish 85% premium to buy it to compete against Google. Six billion is more money than Microsoft ever paid for anything. It said the price was bid up by competition, but provided no color. It claimed that "it's exactly the right company to buy, and hence we're willing to pay." Microsoft has $28 billion in t... (more)