« Google Invests In UK Femtocell Startup Ubiquisys | Main | NetNetNet.TV Finalizes 26M Swiss Franc Buyout of Incite Media »
July 20, 2007
German Gov't Gives $165M To Developers Of Search Engine Theseus
Only in Europe would a government decide to compete with Google. The German government is investing $165M in a multimedia search project called Theseus. It will initially fund Siemens, SAP, Deutsche Thomson and EMPOLIS with later funding going to smaller businesses.
As Marketing Pilgrim points out, Isn't there a conflict of interest here if the EU is both a competitor to Google and a watchdog?
Read - AP report
Posted on July 20, 2007 03:45 PM | Posted to Online services | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/5502
