Friday , 26 April 2024
Breaking News
Home » Science/Tech » Google returns back to purchase Like.com for $100 million

Google returns back to purchase Like.com for $100 million

Google has returned back to purchase Like.com after leaving its predecessor Riya in a mess way back in 2005.

Google, had interest in Riya site for its excellent method of image facial recognition and tagging for consumers. But, google gave a U turn to the company and left it in a mess.

Apparently the company Riya was shut down and it gave birth to Like.com, which generated almost $50 million within a year. This made Google to return back to Like.com and is reportedly in the final stage of capturing it for $100 million.

Techcrunch adds, “What we can’t quite figure out is why Google is buying Like.com. It doesn’t fit neatly into mobile or their new social strategy like so many of their recent acquisitions. Like.com does have real visual search technology though. Perhaps Google, which has experimented with visual search, likes what it sees.”

Lol, this seems funny on why Google wants it. But i bet Google is not a fool. No way! Google has dominated the entire web industry. If  Google has motive to buy a site not just like.com ,any website, they sure will have a deep reason behind it.

One of my friends says,”If Google feels some one may come close to its applications, they either buy it or close it down”

Related stories:

Walk to recharge your cellphone battery in future
Digital Age Makes Baby Names a Big Business
Cisco Wireless LAN Not Safe!
How to delete my Yahoo Email id or Yahoo Account?
US Man spams facebook with 27 million spam messages
Huawei To Ship 100+ Million Smartphones this year
40% of Accounts on Facebook, Twitter are Spam!
Yahoo To Buy Foursquare?