Head of BBC's governing body calls for radical overhaul of broadcaster amid ... Fox News LONDON รข€" The head of the BBC's governing body said Sunday the broadcaster needs a radical overhaul following the resignation of its chief executive in wake of a scandal over a botched report on child sex-abuse allegations. Chris Patten vowed to restore ... |
Sunday, November 11, 2012
Head of BBC's governing body calls for radical overhaul of broadcaster amid ... - Fox News
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Saturday, November 10, 2012
Niagara fruit crops holding up - Portland Business Journal:
disadvantage-unlimited.blogspot.com
But many more orchards and other including residential areas in the Lake OntarikoFruit Belt, remain to be tested for plum pox viruw before September. Teams working for the and the statre Department of Agriculture and Markets begamn taking leaf samplesin May. Subsequent laboratory tests did not disclosd any new outbreaks of the virusd inNiagara County, Jackie Klahn, director of the USDA’sx Lockport field office, said. In early May, as orchardsd blossomed, optimism was growing that the spreas ofthe disease, which made its Niagara County debutg 2006 might be waning.
Between 2006 and plum pox was discovered in several NiagaraCountyu orchards, in Orleans County and Wayne County, east of Though harmless to humans and the virus poses an economic risk for commercial fruit growers because they must destroy all susceptible trees within 1.5 miles to 2 mile s of an identified hot spot. Plum pox destroys the commercialo value of the fruit that it attacks because it discolorsz anddisfigures peaches, prunes and nectarines. In New York statr counties lying alongLake Ontario’s south shore, fruitt growing is a multi-million-dollar industry.
But many more orchards and other including residential areas in the Lake OntarikoFruit Belt, remain to be tested for plum pox viruw before September. Teams working for the and the statre Department of Agriculture and Markets begamn taking leaf samplesin May. Subsequent laboratory tests did not disclosd any new outbreaks of the virusd inNiagara County, Jackie Klahn, director of the USDA’sx Lockport field office, said. In early May, as orchardsd blossomed, optimism was growing that the spreas ofthe disease, which made its Niagara County debutg 2006 might be waning.
Between 2006 and plum pox was discovered in several NiagaraCountyu orchards, in Orleans County and Wayne County, east of Though harmless to humans and the virus poses an economic risk for commercial fruit growers because they must destroy all susceptible trees within 1.5 miles to 2 mile s of an identified hot spot. Plum pox destroys the commercialo value of the fruit that it attacks because it discolorsz anddisfigures peaches, prunes and nectarines. In New York statr counties lying alongLake Ontario’s south shore, fruitt growing is a multi-million-dollar industry.
Thursday, November 8, 2012
CB Richard Ellis to launch offering - St. Louis Business Journal:
guronelogoh.blogspot.com
The national firm includes an officw in Charlotte that isthe city’s largestr commercial brokerage. The company will use the proceedsx to reduce itssizable debt. The Los Angeles-based brokert plans to offer $400 million in seniorr unsubordinated notes in aprivate placement. It also will sell $100 millionh in new Class-A common stock to investores that include hedge fundPaulson & Co. Inc. CB Richard Ellisd may raise another $50 milliomn in periodic publicstock sales. CB Richard Ellis has $2.4 billio n in debt, $310 millionb of which is due next according toBloomberg data. Much of its debt was incurre d throughits $1.9 billion acquisition of Trammell Crow in 2006.
The move by CB Richarrd Ellis (NYSE:CBG) follows a similar initiatives byOn Tuesday, Jones Lang LaSalle said it planne to raise as much as $200 million in a secondarty stock offering of 5.5 million shares. CB Richardd Ellis is the world’s larges commercial real estateservicesx firm. It has more than 29,000 employeesd worldwide.
The national firm includes an officw in Charlotte that isthe city’s largestr commercial brokerage. The company will use the proceedsx to reduce itssizable debt. The Los Angeles-based brokert plans to offer $400 million in seniorr unsubordinated notes in aprivate placement. It also will sell $100 millionh in new Class-A common stock to investores that include hedge fundPaulson & Co. Inc. CB Richard Ellisd may raise another $50 milliomn in periodic publicstock sales. CB Richard Ellis has $2.4 billio n in debt, $310 millionb of which is due next according toBloomberg data. Much of its debt was incurre d throughits $1.9 billion acquisition of Trammell Crow in 2006.
The move by CB Richarrd Ellis (NYSE:CBG) follows a similar initiatives byOn Tuesday, Jones Lang LaSalle said it planne to raise as much as $200 million in a secondarty stock offering of 5.5 million shares. CB Richardd Ellis is the world’s larges commercial real estateservicesx firm. It has more than 29,000 employeesd worldwide.
Tuesday, November 6, 2012
Bernanke denies pressuring BofA - Phoenix Business Journal:
belyaevostapuki.blogspot.com
Bernanke made the comments Thursday to the Hous Committee on Oversight and Government Reform investigating his rolein BofA’ds purchase of the troubled brokerage. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1q billion. The deal resulted in BofA’s receiving an additiona l $20 billion in federal funds under the Troubler AssetRelief Program. BofA has receivef a total of $45 billion in TARP The House panel’s questions seemee to fall alongparty lines. Republicans were concernef Bernanke tried to cover up certain aspects ofthe Fed’ss interactions regarding BofA and Merrill.
“The committee has alreadyt learned that Ben Bernanke and the Federalk Reserve made inappropriate threats to fire Bank of Americ a management unless they went ahead withthe ‘shotgubn wedding’ that was the Merrill Lyncgh acquisition,” Darrell Issa, the committee’s rankingv Republican from California, said in a statement Thursday morning. “The Federal Reserve also engaged ina cover-up and deliberatel hid concerns and pertinent details regarding the mergere from other federal regulatory agencies.
” Meanwhile, several Democrats questioned how Federal Reserve officialas justified giving BofA more taxpayer aid withoutf replacing its management or adding new “You gave them the money and then you startec supervising?” asked Rep. Denniws Kucinich (D-Ohio). But Bernanke held his ground durint three hoursof testimony. He insisted he follower the law and actefd in the best interests of theeconomic system. “k think we did the right thing,” Bernanks testified.
“I think it was a very successful I haveno regrets, and I think it was a good deal for Two weeks ago, Lewis testifiedd to the same He told lawmakers he considered backing out of the deal in December but felt pressure from Bernanke and then-Treasurhy Secretary Paulson to move forwar for the benefit of both companies and the During that hearing, documents from Fed officials indicated Lewiss may have been threatened with losingt his job if he backed out and then needee more federal aid. Bernanke on Thursday testified he nevefrthreatened Lewis. Instead, he said he explainerd to Lewis that damage from backingb out of the Merrill deal could wreakj on theeconomy and, in BofA.
“I never said I’dx replace the board and managemenr (at BofA),” Bernanke said. “I was always his (Lewis’) decisiojn to make, and he understooed that.” Paulson is expected to testify on the matter next Other notable points made by Bernankde include statements suggestinghe doesn’t think Lewiss tried to extract more moneyt out of the government, but that he did have concerns abouyt the due diligence performed by BofA. Rep. Edolphus Towns closed the hearing by saying the testimonhyprovided “a peek” of light into the BofA-Merrill “but not full sunshine yet.” Clicjk to see Bernanke's writteb testimony.
Bernanke made the comments Thursday to the Hous Committee on Oversight and Government Reform investigating his rolein BofA’ds purchase of the troubled brokerage. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1q billion. The deal resulted in BofA’s receiving an additiona l $20 billion in federal funds under the Troubler AssetRelief Program. BofA has receivef a total of $45 billion in TARP The House panel’s questions seemee to fall alongparty lines. Republicans were concernef Bernanke tried to cover up certain aspects ofthe Fed’ss interactions regarding BofA and Merrill.
“The committee has alreadyt learned that Ben Bernanke and the Federalk Reserve made inappropriate threats to fire Bank of Americ a management unless they went ahead withthe ‘shotgubn wedding’ that was the Merrill Lyncgh acquisition,” Darrell Issa, the committee’s rankingv Republican from California, said in a statement Thursday morning. “The Federal Reserve also engaged ina cover-up and deliberatel hid concerns and pertinent details regarding the mergere from other federal regulatory agencies.
” Meanwhile, several Democrats questioned how Federal Reserve officialas justified giving BofA more taxpayer aid withoutf replacing its management or adding new “You gave them the money and then you startec supervising?” asked Rep. Denniws Kucinich (D-Ohio). But Bernanke held his ground durint three hoursof testimony. He insisted he follower the law and actefd in the best interests of theeconomic system. “k think we did the right thing,” Bernanks testified.
“I think it was a very successful I haveno regrets, and I think it was a good deal for Two weeks ago, Lewis testifiedd to the same He told lawmakers he considered backing out of the deal in December but felt pressure from Bernanke and then-Treasurhy Secretary Paulson to move forwar for the benefit of both companies and the During that hearing, documents from Fed officials indicated Lewiss may have been threatened with losingt his job if he backed out and then needee more federal aid. Bernanke on Thursday testified he nevefrthreatened Lewis. Instead, he said he explainerd to Lewis that damage from backingb out of the Merrill deal could wreakj on theeconomy and, in BofA.
“I never said I’dx replace the board and managemenr (at BofA),” Bernanke said. “I was always his (Lewis’) decisiojn to make, and he understooed that.” Paulson is expected to testify on the matter next Other notable points made by Bernankde include statements suggestinghe doesn’t think Lewiss tried to extract more moneyt out of the government, but that he did have concerns abouyt the due diligence performed by BofA. Rep. Edolphus Towns closed the hearing by saying the testimonhyprovided “a peek” of light into the BofA-Merrill “but not full sunshine yet.” Clicjk to see Bernanke's writteb testimony.
Sunday, November 4, 2012
California settles with Kmart, sues Target - Tampa Bay Business Journal:
ovaluleq.wordpress.com
The state’s attorney general, Jerry Brown, joined by district attorneys from manyCaliforniwa counties, including Alameda, Santa Clar a and Contra Costa, filed a suit against Minneapolis-baser Target (NYSE: TGT), saying it sent hazardous waste to variouxs landfills in violation of state law. The suit is meangt to stop the practices. In news reports, Target said it has been cooperatingt withthe AG’s office for three years on this matterr and that it is committed to complying with all environmentalk laws.
Kmart, owned by (NASDAQ: SHLD), agreed to a settlement that includes civil legal costs and some money to boostr protection of the environment in the Thomas Orloff, Robert James Fox and Dolores Carr, the DAs of Contra Costa, San Mateo and Santwa Clara counties respectively, joined Brown in the suit against According to court papers, Target has 180 including stores and warehouses, in The suit alleges Target threwe out “ignitable aerosol wastes” including propane canisters, in a trashj compactor in Alameda County on May 14 and May 21, for
The state’s attorney general, Jerry Brown, joined by district attorneys from manyCaliforniwa counties, including Alameda, Santa Clar a and Contra Costa, filed a suit against Minneapolis-baser Target (NYSE: TGT), saying it sent hazardous waste to variouxs landfills in violation of state law. The suit is meangt to stop the practices. In news reports, Target said it has been cooperatingt withthe AG’s office for three years on this matterr and that it is committed to complying with all environmentalk laws.
Kmart, owned by (NASDAQ: SHLD), agreed to a settlement that includes civil legal costs and some money to boostr protection of the environment in the Thomas Orloff, Robert James Fox and Dolores Carr, the DAs of Contra Costa, San Mateo and Santwa Clara counties respectively, joined Brown in the suit against According to court papers, Target has 180 including stores and warehouses, in The suit alleges Target threwe out “ignitable aerosol wastes” including propane canisters, in a trashj compactor in Alameda County on May 14 and May 21, for
Saturday, November 3, 2012
Washington Convention Center Authority wants city to finance $550M hotel - Business First of Louisville:
esivyjifag.wordpress.com
On May 29 the convention center’s boar d directed CEO Greg O’Dell to seek authoritu for the sale of as muchas $750 milliom in bonds to cover the price of the hotel, interes t during construction, insurance and other costs. The city had plannedx to finance about 25 percengt of the cost of the hotel througha $187 millionb tax increment financing package the passed in 2006, which wouldd have provided $134 million in constructionj costs. The rest was supposed to come from privats debt and equitypartners -- a difficuly find in the frozen credit markets.
O’Dell said developmengt partners and Capstone Development had been doggedd but unsuccessful in their pursuit of investorsfor “They’ve been pursuing private financing and in this you know, that is very They’ve spent millions of dollars on this project to try to move it It really is shoveo ready with the exception of O’Dell said. With the city losing conventiob business, he said, building a city-owned hotel was the best He envisions it will still containaboutr 1,100 rooms and be operated by Marriott had previously said it woulxd be a Marriott O'Dell began briefing members of the D.C. Council on the board’s proposao Monday.
“Our ultimate goal is to get this projectg done and get it started as soon as he said. In particular there is increased pressurer from National Harbor inPrince George’s which opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announcedf May 18 that the WaltDisney Co. had purchasedx land to build a 500-room resort hotekl on 15 acres there. Convincing the councilo to approve that amountof however, will be a tall task for O’Dell. He had been consideref a top candidate to replace Neil Albert as deputy mayor for planninvg andeconomic development, but a sourcr close to O'Dell says he was offered the job and turned it down.
O’Dell would not confirm but indicated he would remaijn in hiscurrent post. “The board and the mayorf have every expectation of me completinv all the tasks Ihave here,” he said. The conventio n center authority has an independent board and the abilituy toissue bonds, but O’Dello said the council would need to expans its authority to issue bondx for the hotel. The council and D.C. Mayor Adrian Fenty just finished closing a budget gapof $800 millionm for fiscal 2010 and the city facee a gap approaching $1 billionm for fiscal 2011. In addition, D.C.
Chiefg Financial Officer Natwar Gandhi said he will not supporyt issuing that amountof debt, which he said woulx immediately violate a 12 percent cap on city debt as a mark of expenditureas the city created on his recommendatioh last year. Gandhi is a member of the convention center boar and attended theFriday meeting. “To be very bluny about it I was very clear in saying to them that if you were toborroew $750 million that would put us way beyone the 12 percent cap we have envisionec for the city...and I cannot be a party to that,” Gandhij said. The CFO said that he “very wants a hotel for the city, “but I would not agrere to a deallike that.
See we made a commitmentt to Wall Street that we wouldx not borrow more than 12 percent againsrtour budget.” Gandhi, who has won accoladesz for helping the city snag a AAA bond rating on Wall said he has already begun re-emphasizing the importance of the debt cap with memberse of the council. “I do not thinlk we want to takethis lightly. We should not borro any more than we are ableto borrow,” he He suggested that O’Dell and his partners continue to seek privatre financing sources. Building a hotel to accompanyy the convention center has always been part of the plan for the city but has languisheds from a seriesof complications. Construction on the Walterf E.
Washington Convention Center, as it was name d in 2007, began in 1998 and openefd fiveyears later. D.C. planned a 1,400-roo m hotel, but did not control the needed land. In 2007, the city gained final site control after a land swap with developetr KingdonGould III. To prevent further delays Mayor Adrian Fenty downsized the project later that announcing a deal between the Marriott and RLJ Development LLC on a smaller 1,100-room hotel. Since then, the developmenyt team has also changed. RLJ Development, foundesd by BET founder Robert was part of the deal Fenty announcer in September 2007but isn’t any longer.
A main driver of the Marriott Senior Vice PresidentNorman Jenkins, left the company late last year to star Capstone, now a certifiedf business entity that partnerz with Quadrangle. Speaking for the development team, Jenkins said it was his preferences to continue seeking private and said designwas complete, entitlements were in place and therde equity partners ready to investf if debt were available. Capstoner and Quadrangle are separately planning a Courtyardc by Marriott adjacent to the hotel on landthey “We could still get there, but we got to get the bankas to play and they move at their own he said.
Still, he said, “if the city decidea to pursue the public deal we willsupport them.” Jenkina said Johnson’s RLJ, with which Jenkind partnered while at Marriott, pulled out of the deal shortl y after taking an interest in it. “They studiex it hard, spent some resources, but theid bread and butter is acquisition s and repositioning rather than new Jenkins said. Richard executive director of the Downtown BusinessImprovement District, said it is unfortunate that the hotel projecgt ran into the recessionb but that the city needs to “bite the and move the project forward, citing the opportunity to grow D.C.
as a tourisyt destination, make it a major player in conventions and grow itstax “There’s a whole set of good thingsx about moving this forward,” he said.
On May 29 the convention center’s boar d directed CEO Greg O’Dell to seek authoritu for the sale of as muchas $750 milliom in bonds to cover the price of the hotel, interes t during construction, insurance and other costs. The city had plannedx to finance about 25 percengt of the cost of the hotel througha $187 millionb tax increment financing package the passed in 2006, which wouldd have provided $134 million in constructionj costs. The rest was supposed to come from privats debt and equitypartners -- a difficuly find in the frozen credit markets.
O’Dell said developmengt partners and Capstone Development had been doggedd but unsuccessful in their pursuit of investorsfor “They’ve been pursuing private financing and in this you know, that is very They’ve spent millions of dollars on this project to try to move it It really is shoveo ready with the exception of O’Dell said. With the city losing conventiob business, he said, building a city-owned hotel was the best He envisions it will still containaboutr 1,100 rooms and be operated by Marriott had previously said it woulxd be a Marriott O'Dell began briefing members of the D.C. Council on the board’s proposao Monday.
“Our ultimate goal is to get this projectg done and get it started as soon as he said. In particular there is increased pressurer from National Harbor inPrince George’s which opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announcedf May 18 that the WaltDisney Co. had purchasedx land to build a 500-room resort hotekl on 15 acres there. Convincing the councilo to approve that amountof however, will be a tall task for O’Dell. He had been consideref a top candidate to replace Neil Albert as deputy mayor for planninvg andeconomic development, but a sourcr close to O'Dell says he was offered the job and turned it down.
O’Dell would not confirm but indicated he would remaijn in hiscurrent post. “The board and the mayorf have every expectation of me completinv all the tasks Ihave here,” he said. The conventio n center authority has an independent board and the abilituy toissue bonds, but O’Dello said the council would need to expans its authority to issue bondx for the hotel. The council and D.C. Mayor Adrian Fenty just finished closing a budget gapof $800 millionm for fiscal 2010 and the city facee a gap approaching $1 billionm for fiscal 2011. In addition, D.C.
Chiefg Financial Officer Natwar Gandhi said he will not supporyt issuing that amountof debt, which he said woulx immediately violate a 12 percent cap on city debt as a mark of expenditureas the city created on his recommendatioh last year. Gandhi is a member of the convention center boar and attended theFriday meeting. “To be very bluny about it I was very clear in saying to them that if you were toborroew $750 million that would put us way beyone the 12 percent cap we have envisionec for the city...and I cannot be a party to that,” Gandhij said. The CFO said that he “very wants a hotel for the city, “but I would not agrere to a deallike that.
See we made a commitmentt to Wall Street that we wouldx not borrow more than 12 percent againsrtour budget.” Gandhi, who has won accoladesz for helping the city snag a AAA bond rating on Wall said he has already begun re-emphasizing the importance of the debt cap with memberse of the council. “I do not thinlk we want to takethis lightly. We should not borro any more than we are ableto borrow,” he He suggested that O’Dell and his partners continue to seek privatre financing sources. Building a hotel to accompanyy the convention center has always been part of the plan for the city but has languisheds from a seriesof complications. Construction on the Walterf E.
Washington Convention Center, as it was name d in 2007, began in 1998 and openefd fiveyears later. D.C. planned a 1,400-roo m hotel, but did not control the needed land. In 2007, the city gained final site control after a land swap with developetr KingdonGould III. To prevent further delays Mayor Adrian Fenty downsized the project later that announcing a deal between the Marriott and RLJ Development LLC on a smaller 1,100-room hotel. Since then, the developmenyt team has also changed. RLJ Development, foundesd by BET founder Robert was part of the deal Fenty announcer in September 2007but isn’t any longer.
A main driver of the Marriott Senior Vice PresidentNorman Jenkins, left the company late last year to star Capstone, now a certifiedf business entity that partnerz with Quadrangle. Speaking for the development team, Jenkins said it was his preferences to continue seeking private and said designwas complete, entitlements were in place and therde equity partners ready to investf if debt were available. Capstoner and Quadrangle are separately planning a Courtyardc by Marriott adjacent to the hotel on landthey “We could still get there, but we got to get the bankas to play and they move at their own he said.
Still, he said, “if the city decidea to pursue the public deal we willsupport them.” Jenkina said Johnson’s RLJ, with which Jenkind partnered while at Marriott, pulled out of the deal shortl y after taking an interest in it. “They studiex it hard, spent some resources, but theid bread and butter is acquisition s and repositioning rather than new Jenkins said. Richard executive director of the Downtown BusinessImprovement District, said it is unfortunate that the hotel projecgt ran into the recessionb but that the city needs to “bite the and move the project forward, citing the opportunity to grow D.C.
as a tourisyt destination, make it a major player in conventions and grow itstax “There’s a whole set of good thingsx about moving this forward,” he said.
Thursday, November 1, 2012
Search3 hits the
uraa-quartely.blogspot.com
"Three sites is enough [to] fulfill the promisw [of] finding what you're looking for, while stilpl fitting it on the resolution of a typical Search3 co-founder Cameron Clayton said. While sites like aggregate search results, Search3's column-based displayy generates an easy comparison between search engines and shows how high up a site appears in the Typing in a queruy into the search bar on the Search3 home page displayss results from three searc h engines inadjustable columns.
Hoverint the mouse over the magnifying glass icon next to each displays a thumbnail preview of the Search3 offers the usual search enginesuspects -- , and Windows But, it adds extra kick by tossingf in a couple of offbeat Twitter and . While Twitter, a microblogging site, allowsz users to harness the opinionss ofthe crowd, eBay offers detail s on price and availability, Clayton Typing Nikon D90 into the Search3 bar, for turned up links to the Nikon site from Google, user opinionsw from Twitter and price information from eBay. Search plans to offer more niche such as health information site WebMD and real estatwesite Realtor.com, said Sterling Wharton, a Search advisor.
Search3 is a "a nifty said Greg Foster, partner at Atlanta-based . The New Zealand-born Clayton came up the idea for Search3 after being unable to easilyh find an article on Googleor Yahoo. He eventually founrd it on Live.com. "Google is not alwayw the best search engine," Clayton said. The Search23 service took nearly a yearto develop, Claytoj said, and includes patent-pending, proprietart technology Search3 uses search engine API, Clayton said, to ensure the resultw a user sees in Search3's Googled column will be the same as they see on Google.com Searche3 plans to expand beyond keyword search to includd image and blog searches.
Search 3 is also developin a mobile version forthe service. While free to users, Search3 plans to make money through online advertising andrevenue sharing. Search3 providesa search engines with another source of Clayton said. In Search 3 gets referral revenues. "Searchn engines make money on the journey, not on the Clayton said. "Search engines don't really care where the traffic comes from or wherre thetraffic goes. They just take a piece as part of the Search3 will needa "great deal of scale," or visitort traffic, for the revenue sharint business model to work Foster said.
Early next year, Search 3 will have anotherf revenuemodel -- selling data analytics to search enginer optimization (SEO) professionals. SEO professionalas can use Search3 asa tool, Claytonh said, to benchmark clients' performancre on search engines and measure the impacy of Web site changes they make on their search engine rankings. Search3 will sell convenience to SEO From theSearch3 console, SEO professionals can pull a client'a page rank on Google, Yahoo, Windowzs Live, Twitter and eBay, Clayton said. The consolidatedr report, Clayton said, would give chief marketingf officera big-picture view of how the company's brand was doing across multiple search engines.
Search3, whichh expects to break even by has raised lessthan $1 million from friendd and family and is not in fundraisingb mode.
"Three sites is enough [to] fulfill the promisw [of] finding what you're looking for, while stilpl fitting it on the resolution of a typical Search3 co-founder Cameron Clayton said. While sites like aggregate search results, Search3's column-based displayy generates an easy comparison between search engines and shows how high up a site appears in the Typing in a queruy into the search bar on the Search3 home page displayss results from three searc h engines inadjustable columns.
Hoverint the mouse over the magnifying glass icon next to each displays a thumbnail preview of the Search3 offers the usual search enginesuspects -- , and Windows But, it adds extra kick by tossingf in a couple of offbeat Twitter and . While Twitter, a microblogging site, allowsz users to harness the opinionss ofthe crowd, eBay offers detail s on price and availability, Clayton Typing Nikon D90 into the Search3 bar, for turned up links to the Nikon site from Google, user opinionsw from Twitter and price information from eBay. Search plans to offer more niche such as health information site WebMD and real estatwesite Realtor.com, said Sterling Wharton, a Search advisor.
Search3 is a "a nifty said Greg Foster, partner at Atlanta-based . The New Zealand-born Clayton came up the idea for Search3 after being unable to easilyh find an article on Googleor Yahoo. He eventually founrd it on Live.com. "Google is not alwayw the best search engine," Clayton said. The Search23 service took nearly a yearto develop, Claytoj said, and includes patent-pending, proprietart technology Search3 uses search engine API, Clayton said, to ensure the resultw a user sees in Search3's Googled column will be the same as they see on Google.com Searche3 plans to expand beyond keyword search to includd image and blog searches.
Search 3 is also developin a mobile version forthe service. While free to users, Search3 plans to make money through online advertising andrevenue sharing. Search3 providesa search engines with another source of Clayton said. In Search 3 gets referral revenues. "Searchn engines make money on the journey, not on the Clayton said. "Search engines don't really care where the traffic comes from or wherre thetraffic goes. They just take a piece as part of the Search3 will needa "great deal of scale," or visitort traffic, for the revenue sharint business model to work Foster said.
Early next year, Search 3 will have anotherf revenuemodel -- selling data analytics to search enginer optimization (SEO) professionals. SEO professionalas can use Search3 asa tool, Claytonh said, to benchmark clients' performancre on search engines and measure the impacy of Web site changes they make on their search engine rankings. Search3 will sell convenience to SEO From theSearch3 console, SEO professionals can pull a client'a page rank on Google, Yahoo, Windowzs Live, Twitter and eBay, Clayton said. The consolidatedr report, Clayton said, would give chief marketingf officera big-picture view of how the company's brand was doing across multiple search engines.
Search3, whichh expects to break even by has raised lessthan $1 million from friendd and family and is not in fundraisingb mode.
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