Chasing that fare

The headlines about Microsoft have been busy; Yahoo was going to be party of the ‘softworld, then wasn’t. Lost in much farecast_screen_x220.gif of the ‘softnews has been the Seattle-based giant’s purchase of Farecast.com, a small potatoes deal at $115 million but still big deal. Farecast –originally called Hamlet – is a typical .com start-up in that it was the brainchild of a single individual. But there the .commonality starts to end, because few scientists such as Oren Etzioni, the University of Washington computer guy who began Farecast, are playing with airlines. What Farecast does is to use data-mining to power an on-line travel search engine that predicts whether or not airfares would rise or fall on a specific route for a specific period.
But this isn’t an airline thing. Farecast was the object of several bidders, besides Microsoft; it is believed that Google was interested The price-predicting technology has applications far beyond airfares. Microsoft has already made it clear that it wants to move away from simply selling other people’s merchandise; it sold off Expedia in 1999.

, , ,

6 Responses to Chasing that fare

  1. Backlinks November 6, 2010 at 7:27 pm #

    Love the blog here. Nice colors. I am definitely staying tuned to this one. Hope to see more.

  2. Google Places Unleashed November 28, 2010 at 12:53 pm #

    I’m grateful for you because of this wonderful content material. You actually did make my day :

  3. Link Building December 14, 2010 at 6:46 am #

    I love the expression. Everyone needs to express there own opinion and feel free to hear others. Keep it up :)

  4. Link Building December 19, 2010 at 3:46 am #

    Great blog!! You should start many more. I love all the info provided. I will stay tuned :)

  5. Grants Single Mothers December 21, 2010 at 3:51 am #

    Neat blog layout! Very easy on the eyes.. i like the colors you picked out

  6. Buy Links December 23, 2010 at 3:56 am #

    I love the way you write and also the theme on your blog. Did you code this yourself or was it done by a professional? I’m very very impressed.

Leave a Reply