Enterprise Software Blog

Microsoft plans to shut down the Live Search Books and Live Search Academic Web sites and stop scanning library and copyright books. Microsoft entered the book-scanning business in 2005 by contributing material to the Open Content Alliance, an industry group conceived by the Internet Archive and Yahoo. In 2006, it unveiled its competing MSN book search site.
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The new search engine company, Powerset, has released a public beta version of its search engine. Right now, Powerset can only search Wikipedia. In the new version, people can search using simple phrases, short questions and keywords. The product launch comes just a day after reports that the company is being shopped to potential buyers by investment bank Allen & Co.

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Microsoft has abandoned its blockbuster bid to acquire the Internet Company Yahoo! after a fresh takeover offer of almost $US50 billion ($53.4 billion) was subsequently rejected by its target as still too low.

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Internet search engine Google lost revenue from search ads to its rival Yahoo! in the first quarter of 2008 fiscal, according to a study by SearchIgnite, a search advertising technology firm.

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Yahoo Chief Executive Jerry Yang told employees in an e-mail that no decision has been made about Microsoft Corp’s bid to buy the company for $44.6 billion.

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