Wednesday, March 5, 2008

Teoma Rumor is Just That, Says Ask.com

Rumors were flying that InterActiveCorp, the parent company of Ask.com, were planning on dumping Teoma, the search engine for Ask.com. Even worse, the skinny was that Ask.com was going to replace the Teoma engine search results with those from a leading competitor.

Last Friday, Silicon Valley Insider blog was making the news with the help from an "insider." On Monday, Search Engine Marketing blog, among many others, speculated about the fate of the Teoma search engine.

Finally, in a comment to the above-referenced post on SEM blog:
Hi - as a spokesperson for Ask.com, I hope I can weigh in here once and for all and quelch the rumor that 'the plug is bing pulled' on our search technology, Teoma. It's not. Teoma remains. That's all there is to it! Best to all, Nicholas Graham
So the rumors that Ask.com will be laying off employees and selling off the Teoma search engine are false. Perhaps IAC's stock price will recover.

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