Ask.com augments search engine with people

(Reuters) – Ask.com, the Internet search engine owned by IAC/InterActive Corp, is seeking some human help answering web surfers’ questions.

The company has begun testing a new service that lets users of its search engine submit questions to other Ask.com visitors, tapping into the powerful social networking trends that are increasingly gaining popularity on the Web.

The new service represents a striking shift for the company, which like most Internet search engines has long sought to distinguish itself based on the brawn of its computer algorithms.

But with only 3.6 percent share of the U.S. search market in June according to analytics firm comScore, Ask.com is looking for ways to differentiate itself from rivals Google Inc, Yahoo Inc and Microsoft Corp.

Google had a 62.6 percent share of the U.S. search market in June, while Yahoo and Microsoft had market shares of 18.9 percent and 12.7 percent respectively.

The new “Ask the Community” feature means the company will be able to provide specific answers to a greater portion of the search queries it receives, instead of simply displaying links to relevant web pages, explained Doug Leeds, President of Ask.com U.S., while demonstrating the new service to Reuters last week.

The service routs questions to other Ask.com users with expertise on various subjects and is particularly useful for subjective search queries which Leeds said can stymie traditional, algorithm-based search engines.

Currently available by invitation only, Ask.com’s service follows the roll-out of similar social search and question-and-answer services like Quora, a Palo Alto, California start-up founded by former Facebook executives.

In February, search giant Google acquired Aardvark, which also offers a social search service, for an undisclosed sum.

But Ask.com is the first major search engine to integrate an online question-and-answer service directly into its flagship search product.

Leeds acknowledged that the new question-and-answer service might not provide the same immediate money-making opportunity as traditional, computer-generated Web searches, in which Ask.com sells special search-based advertisements alongside search results.

But he said he expected that the new service will increase overall searching on Ask.com, as people turn to its traditional search engine to find more information about products and other items that are recommended by people through the Q&A service.

(Reporting by Alexei Oreskovic; editing by Carol Bishopric)

Ask.com augments search engine with people

SAN FRANCISCO, July 26 (Reuters) – Ask.com, the Internet search engine owned by IAC/InterActive Corp (IACI.O), is seeking some human help answering web surfers’ questions.

The company has begun testing a new service that lets users of its search engine submit questions to other Ask.com visitors, tapping into the powerful social networking trends that are increasingly gaining popularity on the Web.

The new service represents a striking shift for the company, which like most Internet search engines has long sought to distinguish itself based on the brawn of its computer algorithms.

But with only 3.6 percent share of the U.S. search market in June according to analytics firm comScore, Ask.com is looking for ways to differentiate itself from rivals Google Inc (GOOG.O), Yahoo Inc (YHOO.O) and Microsoft Corp (MSFT.O).

Google had a 62.6 percent share of the U.S. search market in June, while Yahoo and Microsoft had market shares of 18.9 percent and 12.7 percent respectively.

The new “Ask the Community” feature means the company will be able to provide specific answers to a greater portion of the search queries it receives, instead of simply displaying links to relevant web pages, explained Doug Leeds, President of Ask.com U.S., while demonstrating the new service to Reuters last week.

The service routs questions to other Ask.com users with expertise on various subjects and is particularly useful for subjective search queries which Leeds said can stymie traditional, algorithm-based search engines.

Currently available by invitation only, Ask.com’s service follows the roll-out of similar social search and question-and-answer services like Quora, a Palo Alto, California start-up founded by former Facebook executives.

In February, search giant Google acquired Aardvark, which also offers a social search service, for an undisclosed sum.

But Ask.com is the first major search engine to integrate an online question-and-answer service directly into its flagship search product.

Leeds acknowledged that the new question-and-answer service might not provide the same immediate money-making opportunity as traditional, computer-generated Web searches, in which Ask.com sells special search-based advertisements alongside search results.

But he said he expected that the new service will increase overall searching on Ask.com, as people turn to its traditional search engine to find more information about products and other items that are recommended by people through the Q&A service. (Reporting by Alexei Oreskovic; editing by Carol Bishopric)

China Merchants Group acquires Australia’s Loscam

July 5 (Reuters) – Hong Kong-based conglomerate China Merchants Group has acquired Australian pallet maker Loscam Ltd, Locam said in a statement on Monday.

The business was sold by private equity group Affinity Equity Partners for an undisclosed sum.

Loscam makes and hires out wooden and plastic pallets, and is a competitor to listed Brambles Ltd (BXB.AX), the world’s top pallet supplier. The company, based in Australia, has 11 offices throughout Asia. (Reporting by Michael Smith; editing by Balazs Koranyi)

Katie Price admits wrongly accusing Peter Andre over ex-manager affair

London, March 20 (ANI): Katie Price has admitted in court that she wrongly accused ex-husband Peter Andre of having an affair with her former manager Claire Powell.

Price issued an apology admitting that the allegation she made during ‘The Graham Norton Show,’ last October, was “completely untrue” and apologised “unreservedly”, reports The Daily Star.

London’s High Court has ordered the reality star to pay Powell an undisclosed sum in compensation for slander damages.

Meanwhile, Powell said that the case was not about money.

Claire said: “It was not about the money, it was about clearing my name.

“The people who know me know it wasn’t true, but the general public wouldn’t know that.

“I’ve never done anything unprofessional with any of my clients. It was really important to me to put the record straight.

“It was hurtful to have those lies told about me, especially by someone who I looked after for six years and went above and beyond the call of duty for.”

She added: “For someone like that to accuse you of having an affair with their ex-husband was a real shock. But if she says things like that, then she’s got to pay the price. Hopefully it will have taught her a lesson.”

Claire, through her company Can Associates Limited, has been the Aussie singer’s PR representative for 16 years. (ANI)

Katie Price admits wrongly accusing Peter Andre over ex-manager affair

London, March 20 (ANI): Katie Price has admitted in court that she wrongly accused ex-husband Peter Andre of having an affair with her former manager Claire Powell.

Price issued an apology admitting that the allegation she made during ‘The Graham Norton Show,’ last October, was “completely untrue” and apologised “unreservedly”, reports The Daily Star.

London’s High Court has ordered the reality star to pay Powell an undisclosed sum in compensation for slander damages.

Meanwhile, Powell said that the case was not about money.

Claire said: “It was not about the money, it was about clearing my name.

“The people who know me know it wasn’t true, but the general public wouldn’t know that.

“I’ve never done anything unprofessional with any of my clients. It was really important to me to put the record straight.

“It was hurtful to have those lies told about me, especially by someone who I looked after for six years and went above and beyond the call of duty for.”

She added: “For someone like that to accuse you of having an affair with their ex-husband was a real shock. But if she says things like that, then she’s got to pay the price. Hopefully it will have taught her a lesson.”

Claire, through her company Can Associates Limited, has been the Aussie singer’s PR representative for 16 years. (ANI)

No charges against Jay-Z, Beyonce’s bodyguard in snapper scuffle case

Washington, Aug 21 (ANI): All charges against Beyonce’s beau Jay-Z and her bodyguard have been dropped after the latter was allegedly charged with threatening the paparazzi.

The couple is currently holidaying in Dubrovnik, Croatia and the bodyguard was involved in a tussle with snappers when they tried to click them.

The charges were dropped after a review of the footage of the incident.

The video shows the bodyguard Julius, blocking off photographers in an alleyway as the couple walks out of a restaurant. Jay-Z is heard shouting, “Let’s go, let’s go, don’t worry about it” and “stop stop stop,” reports Contactmusic.

Three snappers claimed that Julius threatened them, manhandled them and damaged their property, none of which is seen in the video.

The bodyguard will not face any legal action after the local authorities investigating the claims declared him clean, according to TMZ.com.

However, he will be fined an undisclosed sum. (ANI)

Russian state bank takes over Dynamo Moscow for debt

MOSCOW, April 10 (Reuters) – Russian state bank VTB (VTBR.MM) took control of Dynamo Moscow, one of the country’s oldest soccer clubs, which gave up its shares to the bank in exchange for debt forgiveness, VTB’s chief said Friday.

VTB, Dynamo’s longtime sponsor, had loaned an undisclosed sum to the club for reconstruction of its outdated ground, a cement structure dating back to the late 1920′s.

The global financial crisis has hit Russia’s professional sports teams, and many of them are in danger of going out of business as their owners or corporate sponsors are themselves struggling to survive.

Russia’s banks are scrambling for a strategy to deal with collateral on bad loans as deteriorating quality of assets put increasing pressure on profits and capital.

“This is a conversion of the debt into shares,” VTB chief executive Andrei Kostin said, declining to specify the volume of the debt and its structure.

The stake came with control of the management company hired to reconstruct the ground.

Russia’s top two banks, state owned Sberbank (SBER03.MM) and VTB, are coping with snowballing collaterals as the number of corporate defaults grows, but Dynamo was the first Russian sports club taken over for debt in the crisis. [ID:nLO139164]

Kostin said the bank was aiming to earn a return on the investment in the soccer club. The development project was expected to pay off in 5-7 years, he said.

“We hope to return all the money that we had invested into these projects,” he said.

Dynamo, one of the oldest soccer clubs in Russia, was created in the Soviet era as a sports club for members of GPU, the precursor of the KGB.

Since 1936 Dynamo has topped the Soviet Chapionship 11 times. It was the first winner of the Soviet championship in 1936 and played in the 1972 Cup Winners’ Cup final, where it lost to Glasgow Rangers 2:3.

Dynamo was the first Soviet soccer club invited for a friendly tour of Britain in 1945, winning 19:9 on aggregate. (Reporting by Oksana Kobzeva, additional reporting by Grigory Aleksanyan, writing by Dmitry Sergeyev; Editing by Jon Loades-Carter)