Highlights
Revenue of $15.84 billion for the Q4 - ending June 30, 2008, an 18% increase over the same period in 2007.
Operating income and diluted EPS for Q4 were $5.68 billion and $0.46 - growth of 42% and 48%, respectively, over the same period in 2007
$1.1 billion charge in Q4 related to the expansion of [...]
July 18th, 2008 | rp | Comments | Continued
Microsoft has made it official that it has acquired Powerset, as previously speculated by iMediaPress, for an undisclosed sum (rumored to be a $100 million deal).
Here is Microsoft’s official statement on the acquisition:
We’re excited to announce that we’ve reached an agreement to acquire Powerset, a San Francisco-based search and natural language company.
Powerset will join [...]
Rumor is that Microsoft has expressed interest in acquiring natural language based search engine Powerset. First reported by VentureBeat, and now confirmed by various news organization (although still with anonymous sources), that talks are in progress and Microsoft or some other search giant would acquire Powerset very soon. Microsoft is rumoured to be eying Powerset [...]
July 1st, 2008 | supa | Comments | ContinuedPowerset Inc. has launched its first public product: a natural language search engine that searches the free online encyclopedia Wikipedia. Powerset’s aims to change the way people search for information by “reading” natural language to provide better search results than traditional keyword searches. Ask Jeeves, now ask.com also has a natural language processing search.
The San [...]
Mobile: iPhone, Blackberry and more Venture News
