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Semantic Search Getting Social

And we don’t mean Hakia’s “social network.” Yet another semantic search startup is trying to leverage the power of social networking—but this time not as a social network where you can discuss your queries, but through friends recommending related sites.

semanti_powerset_jun09aSemanti is a new semantic search engine from someone who gets why previous efforts toward semantic search has failed. As Read Write Web puts it,

Perhaps the biggest problem with natural language search is that it’s incredibly difficult to try and automate machine-assigned ontologies. Essentially, machines just don’t get it.

(Okay, okay, we just wanted to see if we could sneak the word “ontology” into two posts today.)

Facebook Triples Advertiser Base

I know you’re tired of hearing the same old “the economy is going down the tubes” sob story, so I brought you something different today—a company that’s actually increasing its advertiser base. And not just any company—a social media company (and you know how tough it is to really make money there—you know, other thank from VCs).

facebook-logoFacebook has tripled its advertiser base in the last year. Yes, tripled. Bloomberg reports on the uptick (comparing it to Google’s first sequential drop in quarterly sales last quarter), speaking with Tim Kendall, Facebook’s director of product marketing for monetization.

In case you’re wondering, the specific advertising product that’s garnered so much popularity was first unveiled in 2007. Bloomberg describes it thusly:

MySpace Looks to Close Some Space

MySpace logoIn the Google, Facebook and Twitter swirl of news and rumors that we all tend to concentrate there is that other guy, MySpace, that is still lurking about. Unfortunately, as news is coming out that there are layoffs and office closings on the international front, it may be appropriate to say that MySpace is limping about.

MySpace has already trimmed its domestic operations so this move comes as little surprise. TechCrunch UK is reporting this update and has the internal e-mail that was sent to employees regarding the move. (Note to self, nothing – repeat nothing – is private for a company anymore) Here are some highlights.

From: Owen Van Natta
Subject: IMPORTANT: PROPOSED INTERNATIONAL RESTRUCTURE
Importance: High

Everyone,

Twitter Talks the Revenue Talk but Will It Walk the Revenue Walk?

twitter-logoWith Facebook talking about reaching their lofty revenue goals for 2009 you would have to suspect that Twitter has to address the issue as well. Bloomberg reports today that Twitter is planning to show revenue in 2009 from clients like Dell, Whole Foods and Starbucks. This is coming from Biz Stone himself but when it comes to the details, well, let’s just say they fall well short of the 140 character limit.

“The idea is if they are getting value out of Twitter then we could add more value to what they are doing and we could get some revenue,” Twitter co-founder Biz Stone said in an interview today. “We think we’ll get to something this year, however simple, that shows we’re making some money.” He declined to give sales estimates for this year.

Facebook and Click Fraud

facebook-logoFacebook is charging hard toward hitting that $550 million in revenue number that was put in front of potential investors recently. Of course, their pay per click model of advertising is going to be a critical component of getting there. It seems that there have been some troubles with click fraud for the past month or so which as TechCrunch reports, has set off some heated discussion of Facebook and its inability to tell advertisers “what’s on their mind.”

As initially reported yesterday there were click fraud complaints that up to 100% of clicks were fraudulent. While click fraud is nothing new to pay per click advertisers this was a bit different. Many Facebook advertisers were getting charged for clicks that simply never happened. In ‘traditional’ click fraud (if there is such a thing) the clicks are seen by advertisers but they are ID’d as not legitimate sources thus labeling them fraudulent. Facebook advertisers just were getting charged and there were no clicks.

C-Level Executives Under 40 Blog, Tweet, & Click More!

Forbes and Google have released a new report called The Rise of the Digital C-Suite: How Executives Locate and Filter Business Information.

It’s a fascinating read–mostly because it highlights the difference in internet habits of C-level executives,  based on their age. Why is this important? Because those executives that are under 40 will likely, in the next 5-10 years, be the ones taking over the CEO role.

When they do, we’re going to see a dramatic shift in the way company executives research and contribute to the web.

And there’s good news for search marketers too!

Get your free copy of the report!

Wikipedia to Take on YouTube?

489px-Wikipedia-logo-en-bigOkay, no, not really—but the encyclopedia anyone can edit is looking to add video to its offerings, according to Technology Review (via RWW).

To launch in the next 2-3 months (by the end of the summer), Wikipedia’s new system will allow users to contribute and even edit clips for articles, posting the entire clip or only portions. Wikipedia itself will only allow videos from the Internet Archive, Metavid and Wikimedia Commons.

No video editing software is necessary to post full or partial clips, but “One of the requirements for any video added to the site is that it be based on open-source formats.”