Peter Kafka

Recent Posts by Peter Kafka

Shhh! Google Buys Metaweb to Boost Search Results

Here’s some actual tech news that slid out during Apple’s (AAPL) “There’s no Antennagate” event: Google (GOOG) announced that it had bought Metaweb Technologies, which it described as a start-up that “maintains an open database of things in the world.” Deeper explanation here, but the short version is that Google is suggesting that Metaweb will help it improve and refine search results.

Metaweb was founded in 2005. Investors include Benchmark Capital, Goldman Sachs (GS), and eBay (EBAY) founder Pierre Omidyar.

No purchase price was disclosed, but investors will need to see a decent-sized check in order to get a return: The company has raised at least $57 million in its five-year tenure.

(Thanks, Atul!)


Latest Video

View all videos »

Search »

The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald