Thursday, October 26, 2006
Yahoo Gears Toolbar, Bookmarks For Social Search
"By Nicholas Carlson
Looking to bring social search to the mainstream and answer moves from rival Google (Quote), Yahoo (Quote) today put new versions of its Toolbar and Bookmarks products into beta testing.
The new Yahoo Toolbar features a bookmarks button to save and access bookmarks from any computer and a "search suggest" function that pairs search queries with relevant saved bookmarks.
The new Yahoo Bookmarks tool wears a new AJAX user-interface and features the ability to organize bookmarks through traditional folders or "tags."
Users can also now share their bookmarks with friends via e-mail or Yahoo Messenger..."
"By Nicholas Carlson
Looking to bring social search to the mainstream and answer moves from rival Google (Quote), Yahoo (Quote) today put new versions of its Toolbar and Bookmarks products into beta testing.
The new Yahoo Toolbar features a bookmarks button to save and access bookmarks from any computer and a "search suggest" function that pairs search queries with relevant saved bookmarks.
The new Yahoo Bookmarks tool wears a new AJAX user-interface and features the ability to organize bookmarks through traditional folders or "tags."
Users can also now share their bookmarks with friends via e-mail or Yahoo Messenger..."
Monday, October 09, 2006
Google to acquire video site YouTube for $1.65 billion
"By Eric Auchard
1 hour, 30 minutes ago
SAN FRANCISCO (Reuters) - Web search leader Google Inc. (Nasdaq:GOOG - news) said on Monday it agreed to acquire top video entertainment site YouTube Inc. for $1.65 billion in stock, putting a lofty new value on consumer-generated media sites.
The deal, the first to value one of the new crop of user-participation Web sites at more than $1 billion, combines two of the most popular Internet brands: Google, synonymous with Web search and rapid innovation, and YouTube, a Silicon Valley upstart that has spearheaded the video-sharing craze.
In anticipation of the acquisition, investors pushed shares of Google up $8.50, or 2 percent, on Nasdaq on Monday to a closing price of $429.00 -- a level not seen since late April. In extended-hours trade following the announcement of the deal, Google stock dipped to $427.63.
The stock had already gained about 2 percent on Friday when reports emerged that a Google-YouTube deal might be in the works. In the last two trading days, Google has added nearly $4 billion in market capitalization, or more than twice what the company has agreed to pay for YouTube..."
"By Eric Auchard
1 hour, 30 minutes ago
SAN FRANCISCO (Reuters) - Web search leader Google Inc. (Nasdaq:GOOG - news) said on Monday it agreed to acquire top video entertainment site YouTube Inc. for $1.65 billion in stock, putting a lofty new value on consumer-generated media sites.
The deal, the first to value one of the new crop of user-participation Web sites at more than $1 billion, combines two of the most popular Internet brands: Google, synonymous with Web search and rapid innovation, and YouTube, a Silicon Valley upstart that has spearheaded the video-sharing craze.
In anticipation of the acquisition, investors pushed shares of Google up $8.50, or 2 percent, on Nasdaq on Monday to a closing price of $429.00 -- a level not seen since late April. In extended-hours trade following the announcement of the deal, Google stock dipped to $427.63.
The stock had already gained about 2 percent on Friday when reports emerged that a Google-YouTube deal might be in the works. In the last two trading days, Google has added nearly $4 billion in market capitalization, or more than twice what the company has agreed to pay for YouTube..."
Chris Seline's Searchles: Social Search Beyond the Limits of Collective Wisdom
"Collective wisdom has its limits."
"This is my favorite quote from my interview with Searchles CEO Chris Seline.
Because it's true. And the Searchles solution (a three month old solution at this point) indicates a compelling direction for social search.
First, Searchles built a social network for its users in addition to enabling them to add comments, content, votes and tags.
Second, Searchles enables users to pick and choose who from their network - or outside their network - affects the relevance of their individual searches.
And by the way they're hiring.
Without further ado I give you Chris Seline. And, Mr. Seline, I have some follow up questions for you at the end of the interview that you're welcome to email me answers to or just respond in comments :)
1) Please describe your aspirations for Searchles.
We want users to discover Searchles and spend time getting to know us. We want them to tell us what they like, what we can improve and what they can’t do but would like to be able to do. We want them to tell their friends about it. And we want to do a great job of meeting and exceeding their expectations so they’ll continue to come back and tell their friends about it. Along the way, we want to make it profitable.
If we can be the impetus for world peace, invent the magic bullet that prevents every computer in the world from ever crashing again, and ensure that everyone in the world has an unlimited supply of Vitamin Water – well that would be good too – but we try not to wear rose-colored glasses or drink the Kool-Aid of irrational ambition.
2) Do you think a "Google Killer" is possible at this point?
Anyone who says yes is going to sound like a moron in some circles, albeit one day, they might just be a prophetic one. That said, MySpace and Youtube have shown that viral sites can become insanely popular within a year or two and so the idea is not far fetched.
3) Do you think it will come from the social search ranks?
That’s a big piece of the puzzle but there are others. I think you’re more likely to see a new hybrid that combines several disruptive technologies and ideas for implementing them where social search is the centerpiece.
4) What differentiates Searchles from other social search sites besides its social network?
Our search is better – we built it in house - and it is the fundamental component that drives the growth of our platform. Bookmarking, tagging, sharing and rating sites are a dime a dozen. But I’ve seen few answer the question “what for?” – what’s in it for the user? That’s where we’re different and where search comes into play.
Through search, we make it very easy for our community to connect with their existing friends and find new friends who share common interests when and how they want. We also give our community more control over who influences their search for people or content, when and how. i.e. focus only on your own content, friends, friends of friends, groups, etc. Taking this approach is a much more intelligent application of features and functionality that are otherwise ubiquitous and adds more value to the user experience.
Collective wisdom has its limits. Tapping into the masses has value - and we allow that - but we also enable users to filter out the static and focus on searching and interacting using content and/or people they trust. New features we’re working on will further advance this concept.
5) What do you see as the key challenges of search and how does Searchles address these?
Search is always going to be about relevancy. Google has done an amazing job making search relevant for a good percentage of queries, but they really only offer one angle on search. On Searchles, by leveraging the knowledge of the people you trust, you can perform searches that are personally relevant. But we don't stop there, we also let you borrow the persona of someone else and let you perform searches that are relevant to them. What if I'm not a Linux expert, and none of my friends are, but I want to do some searches from the point of view of someone who is? I can locate a Linux expert and conduct a search that leverages their knowledge and connections. This is the future of search.
6) What is the hardest part about social search?
Achieving a critical mass of users so that there is enough data in the system to dig as deep as you want to into topics of interest and tap into the best expertise. Right now we offer tremendous value in the ability to submit, tag, and share favorite sites and quickly search to identify trends and experts that might otherwise be unapparent. Beyond any one individual, this has huge applications for research, business intelligence and knowledge synthesis even with a small community if that community consists of others you trust. But social "search" will not be a substitute for traditional search until there are enough users in the system.
7) How do you address that?
Partnerships. Searchles can add value to any site with original content that has an established user base by providing a more engaging and interactive experience for their users.
8) I spoke with Eurekster's CEO about his attempted work with social network Friendster. He indicated that social network data was too horizontal to be made useful to relevance. What are your thoughts on the value of a social network to relevance?
Huh? Tell Friendster to call us. We can help. Eurekster is taking a different approach to social search and has a different customer. For their purposes, perhaps that might be true, but when you have the ability to leverage the actual connections between people, that changes the ballgame completely. Not only can you create more personally relevant results, but you can figure out who the "experts" are by analyzing the network using algorithms akin to Google's PageRank.
9) How many users do you have?
When you register, we’ll have one more! It’s not as large as others in the space, but respectable for where we are. We only came out of the box three months ago and have done practically no marketing although we’re ramping up for that.
10) What is your user growth rate?
Hard to put a number on it that will have any meaning a month from now. We’re only 3 months old. Registered users currently tend to surge when we announce something new. We also are fortunate that many of them have really taken a liking to the site and are driving their friends to it. Check back in three months and I think we can give you a better picture of our current and projected growth rate.
11) What are you doing to increase this growth rate?
Staying focused on delivering great features and functions that add value to what users and potential partners want to do. We’re less concerned about the quantity right now and more concerned about the quality – i.e. actively engaged users. Having a million registered users is worthless if the majority of them never come back.
12) How many users do you project you will need to have in order to be profitable?
We can make Searchles profitable with as few as 50,000 actively engaged users. That of course involves introducing advertising and other revenue generating mechanisms. We’re focusing on doing that in a way that adds value to rather than annoys our community and by doing so, provides greater value to advertisers as well..."
"Collective wisdom has its limits."
"This is my favorite quote from my interview with Searchles CEO Chris Seline.
Because it's true. And the Searchles solution (a three month old solution at this point) indicates a compelling direction for social search.
First, Searchles built a social network for its users in addition to enabling them to add comments, content, votes and tags.
Second, Searchles enables users to pick and choose who from their network - or outside their network - affects the relevance of their individual searches.
And by the way they're hiring.
Without further ado I give you Chris Seline. And, Mr. Seline, I have some follow up questions for you at the end of the interview that you're welcome to email me answers to or just respond in comments :)
1) Please describe your aspirations for Searchles.
We want users to discover Searchles and spend time getting to know us. We want them to tell us what they like, what we can improve and what they can’t do but would like to be able to do. We want them to tell their friends about it. And we want to do a great job of meeting and exceeding their expectations so they’ll continue to come back and tell their friends about it. Along the way, we want to make it profitable.
If we can be the impetus for world peace, invent the magic bullet that prevents every computer in the world from ever crashing again, and ensure that everyone in the world has an unlimited supply of Vitamin Water – well that would be good too – but we try not to wear rose-colored glasses or drink the Kool-Aid of irrational ambition.
2) Do you think a "Google Killer" is possible at this point?
Anyone who says yes is going to sound like a moron in some circles, albeit one day, they might just be a prophetic one. That said, MySpace and Youtube have shown that viral sites can become insanely popular within a year or two and so the idea is not far fetched.
3) Do you think it will come from the social search ranks?
That’s a big piece of the puzzle but there are others. I think you’re more likely to see a new hybrid that combines several disruptive technologies and ideas for implementing them where social search is the centerpiece.
4) What differentiates Searchles from other social search sites besides its social network?
Our search is better – we built it in house - and it is the fundamental component that drives the growth of our platform. Bookmarking, tagging, sharing and rating sites are a dime a dozen. But I’ve seen few answer the question “what for?” – what’s in it for the user? That’s where we’re different and where search comes into play.
Through search, we make it very easy for our community to connect with their existing friends and find new friends who share common interests when and how they want. We also give our community more control over who influences their search for people or content, when and how. i.e. focus only on your own content, friends, friends of friends, groups, etc. Taking this approach is a much more intelligent application of features and functionality that are otherwise ubiquitous and adds more value to the user experience.
Collective wisdom has its limits. Tapping into the masses has value - and we allow that - but we also enable users to filter out the static and focus on searching and interacting using content and/or people they trust. New features we’re working on will further advance this concept.
5) What do you see as the key challenges of search and how does Searchles address these?
Search is always going to be about relevancy. Google has done an amazing job making search relevant for a good percentage of queries, but they really only offer one angle on search. On Searchles, by leveraging the knowledge of the people you trust, you can perform searches that are personally relevant. But we don't stop there, we also let you borrow the persona of someone else and let you perform searches that are relevant to them. What if I'm not a Linux expert, and none of my friends are, but I want to do some searches from the point of view of someone who is? I can locate a Linux expert and conduct a search that leverages their knowledge and connections. This is the future of search.
6) What is the hardest part about social search?
Achieving a critical mass of users so that there is enough data in the system to dig as deep as you want to into topics of interest and tap into the best expertise. Right now we offer tremendous value in the ability to submit, tag, and share favorite sites and quickly search to identify trends and experts that might otherwise be unapparent. Beyond any one individual, this has huge applications for research, business intelligence and knowledge synthesis even with a small community if that community consists of others you trust. But social "search" will not be a substitute for traditional search until there are enough users in the system.
7) How do you address that?
Partnerships. Searchles can add value to any site with original content that has an established user base by providing a more engaging and interactive experience for their users.
8) I spoke with Eurekster's CEO about his attempted work with social network Friendster. He indicated that social network data was too horizontal to be made useful to relevance. What are your thoughts on the value of a social network to relevance?
Huh? Tell Friendster to call us. We can help. Eurekster is taking a different approach to social search and has a different customer. For their purposes, perhaps that might be true, but when you have the ability to leverage the actual connections between people, that changes the ballgame completely. Not only can you create more personally relevant results, but you can figure out who the "experts" are by analyzing the network using algorithms akin to Google's PageRank.
9) How many users do you have?
When you register, we’ll have one more! It’s not as large as others in the space, but respectable for where we are. We only came out of the box three months ago and have done practically no marketing although we’re ramping up for that.
10) What is your user growth rate?
Hard to put a number on it that will have any meaning a month from now. We’re only 3 months old. Registered users currently tend to surge when we announce something new. We also are fortunate that many of them have really taken a liking to the site and are driving their friends to it. Check back in three months and I think we can give you a better picture of our current and projected growth rate.
11) What are you doing to increase this growth rate?
Staying focused on delivering great features and functions that add value to what users and potential partners want to do. We’re less concerned about the quantity right now and more concerned about the quality – i.e. actively engaged users. Having a million registered users is worthless if the majority of them never come back.
12) How many users do you project you will need to have in order to be profitable?
We can make Searchles profitable with as few as 50,000 actively engaged users. That of course involves introducing advertising and other revenue generating mechanisms. We’re focusing on doing that in a way that adds value to rather than annoys our community and by doing so, provides greater value to advertisers as well..."
Too Much Money, Not Enough (Good) Companies
"So says Sevin Rosen, which VentureBeat discovers will return the money it raised to investors. Is this a sign? From the story:
...in a letter sent to its investors Friday, a copy of which was obtained by VentureBeat, the firm made a surprising about-face. It told the investors it had decided there is “too much money,” “too many deals funded in almost every conceivable space,” and a “terribly weak exit environment.” Moreover, it sees no changes in the foreseeable future.
The story was broken by the Times (covered here by Stowe) and used as a peg to wonder aloud: is VC model working anymore?..."
"So says Sevin Rosen, which VentureBeat discovers will return the money it raised to investors. Is this a sign? From the story:
...in a letter sent to its investors Friday, a copy of which was obtained by VentureBeat, the firm made a surprising about-face. It told the investors it had decided there is “too much money,” “too many deals funded in almost every conceivable space,” and a “terribly weak exit environment.” Moreover, it sees no changes in the foreseeable future.
The story was broken by the Times (covered here by Stowe) and used as a peg to wonder aloud: is VC model working anymore?..."
Another Reason YouTube Is Like Google....
"It has to deal with making judgements about what is right and wrong. See this piece from the Times:
YouTube users can flag any video as containing pornography, mature content or graphic violence, depicting illegal acts or being racially or ethnically offensive. A video is removed — as Ms. Malkin’s was on Sept. 28 — only if a review by the company’s customer support department agrees that it is inappropriate, or that the video is on its face in violation of the site’s terms of use.
But the incident raised some questions about the fine line YouTube’s administrators walk when they decide to respond to users’ complaints about contributions to the site — a mechanism that is fraught with the potential for vindictive shenanigans..."
"It has to deal with making judgements about what is right and wrong. See this piece from the Times:
YouTube users can flag any video as containing pornography, mature content or graphic violence, depicting illegal acts or being racially or ethnically offensive. A video is removed — as Ms. Malkin’s was on Sept. 28 — only if a review by the company’s customer support department agrees that it is inappropriate, or that the video is on its face in violation of the site’s terms of use.
But the incident raised some questions about the fine line YouTube’s administrators walk when they decide to respond to users’ complaints about contributions to the site — a mechanism that is fraught with the potential for vindictive shenanigans..."
New Search Patent Applications: October 6, 2006 - Google Takes Over the Patent Office
There were some interesting new patent applications this week from Yahoo, Microsoft, and IBM, but nothing on the scale of the outpouring of intellectual property published and assigned to Google - I uncovered 15 new patent applications from the Mountain View search giant. I'll address patent applications from those others in a later post. This post looks at Google's filings.
Some of the topics covered include:
Natural language questions and answers from a search engine,
Query rankings and mid-page refinements,
A detailed personalization system,
Advertising and email contacts amongst members of a social network,
Bringing together advertisers and advertising agents,
Addressing different audience segments with ads,
Improving the value of pay-per-impression advertising,
Data embedded in hardware devices to help target advertisments, and;
Sharing Settings and other data across browsers (and Office applications)..."
There were some interesting new patent applications this week from Yahoo, Microsoft, and IBM, but nothing on the scale of the outpouring of intellectual property published and assigned to Google - I uncovered 15 new patent applications from the Mountain View search giant. I'll address patent applications from those others in a later post. This post looks at Google's filings.
Some of the topics covered include:
Natural language questions and answers from a search engine,
Query rankings and mid-page refinements,
A detailed personalization system,
Advertising and email contacts amongst members of a social network,
Bringing together advertisers and advertising agents,
Addressing different audience segments with ads,
Improving the value of pay-per-impression advertising,
Data embedded in hardware devices to help target advertisments, and;
Sharing Settings and other data across browsers (and Office applications)..."
5 Basic Tips For DMOZ Listings
"With all of the recent buzz about linkbaiting, social media optimization, and the wealth of new vertical search engines launching on the market, sometimes it’s easy to glance over the basic do’s and don’ts in the world of search engine optimization. We’ve discussed link building and directory submittals before in the past, and it’s time to revisit some of this discussion.
Hands down, the top three directories where a site should be submitted are Yahoo.com, Microsoft bCentral Small Business Directory and the Open Directory Project (DMOZ).
Quality sites can be added instantly into bCentral and Yahoo via payment, but a link in the DMOZ can be a little difficult, especially if you don’t know any editors..."
"With all of the recent buzz about linkbaiting, social media optimization, and the wealth of new vertical search engines launching on the market, sometimes it’s easy to glance over the basic do’s and don’ts in the world of search engine optimization. We’ve discussed link building and directory submittals before in the past, and it’s time to revisit some of this discussion.
Hands down, the top three directories where a site should be submitted are Yahoo.com, Microsoft bCentral Small Business Directory and the Open Directory Project (DMOZ).
Quality sites can be added instantly into bCentral and Yahoo via payment, but a link in the DMOZ can be a little difficult, especially if you don’t know any editors..."
Google Blog Was Hacked : It’s Official
"For those of you who have been following the story of the rather odd message posted on the Google Blog Friday evening which read;..."
"For those of you who have been following the story of the rather odd message posted on the Google Blog Friday evening which read;..."
Universal and YouTube land deal
"NEW YORK (Reuters) - Universal Music Group on Monday said it has landed a distribution deal with the top online video site YouTube, ending a public dispute over protecting the rights of its artists online.
The music group controlled by France's Vivendi (VIV.PA) will offer YouTube users access to thousands of videos from Universal's archives and let YouTube users incorporate songs from its music catalog into their own videos.
The deal is the second by a big music company for YouTube, following a similar deal it signed with the Warner Music Group Corp..."
"NEW YORK (Reuters) - Universal Music Group on Monday said it has landed a distribution deal with the top online video site YouTube, ending a public dispute over protecting the rights of its artists online.
The music group controlled by France's Vivendi (VIV.PA) will offer YouTube users access to thousands of videos from Universal's archives and let YouTube users incorporate songs from its music catalog into their own videos.
The deal is the second by a big music company for YouTube, following a similar deal it signed with the Warner Music Group Corp..."
