Posted on 12/07/2004 8:10:24 AM PST by dukeman
NEW YORK - Former president Bill Clinton (news - web sites) on Monday helped launch a new Internet search company backed by the Chinese government which says its technology uses artificial intelligence to produce better results than Google Inc.
"I hope you all make lots of money," Clinton told executives at the launch of Accoona Corp., which donated an undisclosed amount to the William J. Clinton Foundation.
The Chinese government, one of several large backers, has granted Accoona a 20-year exclusive partnership with the China Daily Information Co., the government agency that runs an official Chinese and English Web site.
The deal gives Accoona data on some 5 million Chinese companies, which Accoona sees as a lucrative opportunity as U.S. businesses seek to do business in China ahead of the 2008 Olympic Games (news - web sites) in Beijing.
The new company's executives include chairman Eckhard Pfeiffer, the former chief executive of Compaq Corp., and Stuart Kauder, a former business development director at online advertising company DoubleClick Inc.
Accoona takes its name from the Swahili phrase, "accoona matata," for "no worries," popularized by Disney's film, "The Lion King."
The company seeks to distinguish itself from Google, Yahoo Inc. (Nasdaq:YHOO - news) and growing list of other search engine players by using artificial intelligence to make the results more relevant, said Pfeiffer. Unlike traditional search engines that seek specific "keyword" matches, Accoona will access Web pages that may have no exact keyword matches but are still relevant to the query, he explained.
"Accoona's artificial intelligence technology will elevate search engine performance to a new unprecedented level, allowing the most relevant search available today," Pfeiffer said.
Uh, I think you meant "infra-red love missile."
Pop-up blocker is disabled.
THAT'S SWEET!!! ROFLMAO!!!
No. It's called: Booble
And Monica said, "Get over here. I don't want you to let your meat loaf."
"I hope you all make lots of money," Clinton told executives at the launch of Accoona Corp., which donated an undisclosed amount to the William J. Clinton Foundation.
Even I, an extreme cynic when it comes to The Thing, had to check the source to verify this was true. Especially since the fund-raising scandal is one of my pet subjects and I think will eventually expose the truth about that administration when historians and serious scholars examine the record and dig for information to completely connect the dots. And here comes Bill with Chinese money practically falling out of his pockets again.
DSL PING
Thanks for the ping!
Order pizza and the pepperoni is delivered by hand.
"Is it called Gobble?
Nah, I think it's called Ogle..."
I was actually thinking it would be Booble..
They article says the name came from Disney..?? Was that not "hakuna mattata"? Did they change it slightly to avoid any royalties I wonder? Or, are they ill informed.
I don't have every detail down, but I will never forget the Chinese government giving cash to Clinton's campaigns, then when Clinton got in office he put supercomputer technology under the commerce dept instead of the defense dept. Thanks to Bill Clinton, China obtained the technology to send long range nukes to our shores -- before he got in office, they could not do this. Clinton should be in prison for that alone.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.