<![CDATA[Gawker: valleywag, autonomy]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, autonomy]]> http://gawker.com/tag/valleywag/autonomy http://gawker.com/tag/valleywag/autonomy <![CDATA[Why Google should hurry up and buy Blinkx]]>
Blinkx founder Suranga Chandratillake has always wanted his video search engine to be to online video what Google is to the Web. Here comes his chance. On May 24, a clause in Blinkx's IPO filings that requires the company to pay its former parent, U.K. search engine Autonomy, $50 million in case of any acquisition will expire. Both Google as well as News Corp. are said to be bidding to acquire the company. Google would be smart to cinch the deal.

Blinkx's technology is good. (And really, when have you ever heard Valleywag praise someone's technology?) But Chandratillake has never been able to make Blinkx a destination site. Google already has YouTube, and CEO Eric Schmidt has put the heat on YouTube's management to start making money. Merely applying Google's text-search techniques hasn't cut it. Perhaps Blinkx's technology, which better matches video viewers' interests to ads, could prove YouTube's Holy Grail.

]]> http://gawker.com/index.php?op=postcommentfeed&postId=389005&view=rss&microfeed=true <![CDATA[Cheer up, the subprime crisis is good for tech]]> Photo by pingnews.comAh, the subprime-mortgage crisis. Don't you love it when bad news is so good? Sure, the prolonged quasi-epileptic seizure of the credit markets has driven consumer confidence to its lowest point in two years, with 2 million borrowers behind on their mortgage payments. But why let that get you down? Especially when things are going so well in tech. Take enterprise search firm Autonomy as your model. They're gloating like Google.

When announcing increased profits and revenues, Autonomy chief executive Mike Lynch had this to say about the crisis facing middle-class borrowers:

It's likely to be the case that there will be lots of litigation in the U.S. around subprime and we have already seen a number of large financial institutions who have turned to us to help them.
Always a silver lining!

(Photo by pingnews.com)

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