IAC's Ask.com has laid off 130 of its search engineers in New Jersey and China and surrendered its search operations to its competitors in the notoriously tough search market. Remaining search staff, who primarily worked on maintaining the rank algorithm, will be relocating to Oakland, and focusing on the Ask Q&A product. Search is an almost impossible business to get into, with Google controlling around 66% of the market and Microsoft controlling another 28% with its Yahoo partnership, according to Comscore. Ask was number three at 3.8% share.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/W1y2qoc3GRY/
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