"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Sunday, October 15, 2006

Look and Learn on the Web -

In January 2004 with angel finance by CEO Dr. Tim Tuttle and CTO Dr. Adam Beguelin launched Truveo its video search engine technology in September 2005 which utilizes a proprietary web crawling technology they call "Visual Crawling".

"The next few years will see a dramatic increase in the amount of video available on the web," Dr. Tim Tuttle said last December when taken over by AOL. - to be added to Seattle based Singingfish acquired in in November 2003 to form the basis of the AOL Video Search - which is brilliant.

Nothing is more certain as traditional printing presses have been hit by the web , perhaps the TV studios are going to be hit as the amateur film maker, newscaster, newshound stakes their place.

Since then Google’s (Market Cap US£130Bn) has acquired for US$1.65 billion worth of shares video playing Web site YouTube.... which let's face, it is small potatoes to them, and will undoubtedly swell their ad base.

Now we hear that Yahoo are deep in talks with Facebook a private company located in Palo Alto, CA. It is a networking site built around college students — Facebook launched in February 2004, and the website claims over 10 million registered users across over 40,000 regional, work, college and high school networks. According to comScore, Facebook is the seventh-most trafficked site on the web and is the number one photo-sharing site.

Facebook has the most unfriendly face of any such site (clean, minimal so cool it's freezing) and says of itself in PR Newspeak ,which was probably constructed by software that correctly understands syntax but not people.

"Facebook is a social utility that helps people better understand the world around them. Facebook develops technologies that facilitate the spread of information through social networks allowing people to share information online the same way they do in the real world. "

Those guys at Yahoo would be well advised to look at ITV's acquisition of Friends re-United for US$200 Mn....The CEO who did that is now spending more time with his roses.

No comments:

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish