Now I get it – The EU takes money from the Microsoft ATM with one hand, and then invests it in a sure-to-fail “Google Killer” with the other. €99 million to Thomson and 22 other European companies to create Quaero, a multimedia search engine (Danny Sullivan notes Thomson was already in this business and then sold it off). This is on top of €120 million approved last year for… → Read More
Theseus, a German based project that is aiming to develop “the world’s most advanced multimedia search engine for the next-generation Internet.” will received a cash injection of $165 million from the German Government, under approval by the EU. According to an AP report, the German Government will initially fund Siemens AG, SAP AG, Deutsche Thomson oHG and EMPOLIS GmbH to kick… → Read More
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Disrupt Europe: Berlin Hackathon
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