Jennifer Streaks of Fool.com recently wrote, “Applied Semantics was a California-based software producer for online advertising, domain name and enterprise information management markets. It was acquired by Google for $102 million in 2013. Google then used Applied Semantic’s technology to create its Google AdSense program, which brought in $3.44 billion in the last fiscal quarter of 2012 (or 27% of Google’s total revenue). That’s a return on investment you can get excited about!” Read more
Posts Tagged ‘Applied Semantics’
The news of Facebook’s acquisition of mobile photo-sharing service Instagram for $1 billion this week may be fueling the dreams of tech start-ups of every stripe, including those in the semantic tech community. In fact, they may have even greater reason to be inspired: A recent report has it that Instagram has been slowly rolling out an Open Graph integration for the app accomplished in collaboration with Facebook for seamlessly publishing photos to users’ Timelines in what may be the first of similar partner-deals down the road.
Other startups infused with semantic tech smarts may be on high lookout for funding opportunities as an important part of making those dreams come true. Thomson Reuters and The National Venture Capital Association this week released funding stats for the first quarter of 2012 that could put a bit of a damper on things: It found a 35 percent decrease by dollar commitments and a 9 percent decline by number of funds, compared to the first quarter of 2011. But, according to a statement by Mark Heesen, president of the NVCA, venture firms “appear to be more optimistic about the fundraising environment in 2012.”
Common Crawl Founder Gil Elbaz Speaks About New Relationship With Amazon, Semantic Web Projects Using Its Corpus, And Why Open Web Crawls Matter To Developing Big Data Expertise
The Common Crawl Foundation’s repository of openly and freely accessible web crawl data is about to go live as a Public Data Set on Amazon Web Services. The non-profit Common Crawl is the vision of Gil Elbaz, who founded Applied Semantics and the AdSense technology for which Google acquired it , as well as the Factual open data aggregation platform, and it counts Nova Spivack — who’s been behind semantic services from Twine to Bottlenose – among its board of directors.
Elbaz’ goal in developing the repository: “You can’t access, let alone download, the Google or the Bing crawl data. So certainly we’re differentiated in being very open and transparent about what we’re crawling and actually making it available to developers,” he says.
“You might ask why is it going to be revolutionary to allow many more engineers and researchers and developers and students access to this data, whereas historically you have to work for one of the big search engines…. The question is, the world has the largest-ever corpus of knowledge out there on the web, and is there more that one can do with it than Google and Microsoft and a handful of other search engines are already doing? And the answer is unquestionably yes. ”