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In March 1999, CEO David Peterschmidt said that Inktomi would become an "arms merchant" to a growing number of content delivery network service providers. [10] Inktomi received revenue based on a percentage of sales and/or a pay per click model. In April 1999, the company acquired Impulse Buy Network, adding 400 merchants to its shopping engine ...
LookSmart was sold back to the founders as well as Martin Hosking through a leveraged buyout in 1998, with Reader's Digest providing a $1.5 million loan and retaining about a 10% equity stake. [2] [12] Also in 1998, a search box was added to the LookSmart search engine along with People Search, Yellow pages, Discussions and shopping search. [13]
inktomi: Founded by Eric Brewer, it reached a valuation of $25 billion in March 2000; acquired by Yahoo! in 2003 for $241 million. [26] Inside.com: website and trade magazine that covered "the converging worlds of entertainment, media, music and technology," [27] received $34 million in financing in 1999–2000 and was shut down in late 2001. [28]
A search engine maintains the following processes in near real time: [34] Web crawling; Indexing; Searching [35] Web search engines get their information by web crawling from site to site. The "spider" checks for the standard filename robots.txt, addressed to it. The robots.txt file contains directives for search spiders, telling it which pages ...
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New web search engine: Inktomi releases its HotBot search engine. [14] October: New web search engine: Gary Culliss and Steven Yang begin work at MIT on the popularity engine, a version of the Direct Hit Technologies search engine that ranks results across users according to the selections made during previous searches. 1997 April