ASK JEEVES GOBBLES UP TEOMA
Question-answering search engine technology company Ask
Jeeves has acquired up-and-coming search technology company Teoma. Teoma has been touted as one of
the only credible challengers to Google on the current search tech horizon.
For some time now, we've lamented the fact that Ask Jeeves didn't take
advantage of its inflated stock price and brand recognition earlier on to make
key technology acquisitions, given that the promise of Jeeves' natural language
question-answering method wasn't matched by its weak underlying technology. In
acquiring Teoma, which addresses similar "popularity ranking" methodologies as
Google, Jeeves would appear to be conceding that its earlier acquisition
of Direct Hit, a technology that supposedly tracked user behavior to
measure a site's popularity, was a bust. (Jeeves acquired Direct Hit for
$504 million in an all-stock transaction. At today's stock valuation, this would
be equivalent only to about $5-10 million, however.) On the face of it, Teoma
offers considerably more sophistication than Direct Hit.
The flipside of the economic downturn that has led to Jeeves'
currently-depressed stock price is that the startup companies it might like
to acquire don't command much of a premium, and will face a tough road gaining
needed funding in this economic environment, making them much cheaper to
acquire. Jeeves also has considerable cash on hand to use as an
alternative to its now-sub-$1 stock.
AKAMAI CO-FOUNDER KILLED
The terrorist attack has touched people from every walk of life, and the
technology sector has proven no exception. Amongst the sad list of
dead passengers on hijacked flights are Akamai
co-founder Daniel. C. Lewin and MRV
Communications CFO Edmund Glazer.
"AND NOW... THIS"
Media critic Neil Postman has
argued that our collectively short attention spans and poor grasp
of world events are exacerbated by the tendency of news anchors to
seamlessly move from describing tragic deaths into segments focusing on trivial
items like a new exhibit at the local zoo, stopping for only the
briefest of ("and now... this") segues.
Yet this seems inappropriate as a description of today's broadcast news reality
- extended coverage and sustained analysis from experts are widely
available today on all-news channels. More to the point, when faced with the
need to balance tragedy with everyday life, is there really any right way?
"Everyday life" in a democracy is what most of us have fought for and striven to
preserve. No matter how great the tragedy, it's healthy to return to the
everyday. And maybe what seems trivial (a new exhibit at the local zoo, a
local high school track meet) isn't really as trivial as you might think. And
now... this:
YAHOO! HAS GOLF HANDICAP TRACKER
Golf nuts will like this
automated Yahoo! service for tracking your golf handicap. Not only do they have an extensive list of US courses on file, but for international users and
players whose course is unlisted, there is a feature that allows you to
enter all pertinent info about your course (using a scorecard, for example) for the purposes
of the handicap calculations. What will they think of
next?