Type of business | Private |
---|---|
Type of site | Question & Answer |
Available in | English, French, Italian, German, Spanish, Tagalog |
Founded | 1999 | (as GuruNet)
Headquarters | , United States |
Area served | Worldwide |
Owner | Infospace Holdings LLC |
Founder(s) | |
Key people |
|
Industry | Internet |
Employees | 18 |
URL | www |
Launched | January 2005 |
Current status | Active |
Operating system | iOS, Android |
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Website | iOS Android |
Answers.com, formerly known as WikiAnswers, is an Internet-based knowledge exchange. The Answers.com domain name was purchased by entrepreneurs Bill Gross and Henrik Jones at idealab in 1996. [1] The domain name was acquired by NetShepard and subsequently sold to GuruNet and then AFCV Holdings. The website is now the primary product of the Answers Corporation. It has tens of millions of user-generated questions and answers, and provides a website where registered users can interact with one another.
GuruNet was founded in Jerusalem during 1999 to develop technology that intelligently and automatically integrates and retrieves information from disparate sources and delivers the result in a single consolidated view to the user. GuruNet initially displayed its information through a downloadable software product, today known as 1-Click Answers. The product was launched as a free product in 1999. Beginning in 2003 it was sold to users on a perpetual license base and later as an annual subscription. [2]
In October 2004, GuruNet had an IPO on the American Stock Exchange (AMEX) under the symbol "GRU" and also acquired the Answers.com domain name early the same year for $80,000. [3]
In January 2005, the company began a new business model of free-to-customer product. Answers.com and 1-Click Answers software, containing practically all the content that was sold via subscriptions. The new model was based on generating advertising revenue. [2]
On August 2, 2005, the company's shares started trading on NASDAQ instead of AMEX under the symbol "ANSW". [3]
On October 17, 2005, GuruNet changed its corporate name to Answers Corporation, unifying the company's name and its website, Answers.com. [3]
From 2005 to late 2009, the Google search engine definitions feature, in the top-right corner of the site, was linked to Answers.com. [4]
On July 2, 2006, Answers.com released a trivia game known as blufr.[ citation needed ]
In November 2006, Answers.com acquired the question and answer site FAQ Farm. [5] Following the acquisition, the product was renamed WikiAnswers. [6]
In the fall of 2009, Answers.com launched a revamped version of their website that fully integrated WikiAnswers. [7]
At Jeff Pulver's 140 Characters Conference in New York City in April 2010, Answers.com launched its alpha version of a Twitter-answering service nicknamed 'Hoopoe.' When tweeting a question to the site's official Twitter account, @AnswersDotCom, an automatic reply is given with a snippet of the answer and a link to the full answer page on Answers.com. [8]
Aside from providing community-generated Q&A and reference information for published titles, Answers.com began offering videos as part of its VideoAnswers library, in July 2010. This was part of a partnership with video site 5min. [9]
In September 2010, blufr was relaunched as an iPhone/iPod Touch app with new design, game modes, and social features. [10]
It was announced in November 2010 that the Answers.com Q&A wiki community reached its 10 millionth answer. [11]
At the start of 2011, the site surpassed 11 million answers. Shortly after, on February 3, Answers.com announced in a press release that it had agreed to be acquired by AFCV Holdings for $127 million in cash. AFCV Holdings, LLC, is a portfolio company of growth equity investor Summit Partners. Bob Rosenschein was quoted: "The acquisition price of $10.50 per share represents a significant cash premium of approximately 33% over our 90-day volume-weighted average closing stock price." [12] [13] [14]
On April 23, 2012, TA Associates announced that it was joining as an additional private investor in Answers.com and on May 1, 2012, laid off the remaining development staff in the Jerusalem office as a first step in fully assimilating the company. [15]
On August 8, 2012, reports surfaced that Answers.com had reached a preliminary agreement to acquire About.com from The New York Times Company for $270 million of debt and equity. [16] However, it was thwarted by IAC, who countered with a $300 million "clean cash" offer. [17]
On December 23, 2013, Answers.com acquired ForeSee Results, Inc., a customer experience & customer survey analytics company based in Ann Arbor, Michigan, USA. [18] Answers.com proceeded to lay off between 50 and 75 employees one month after the acquisition, followed by another 100 layoffs 18 months later. [19]
In August 2014, Apax Partners acquired Answers Corp. for $900 million. The terms of the deal were that Apax would own 91% of the company while Answers’ founders and management team will own the remaining 9% stake. [20]
In March 2017, Answers.com parent company, Answers Corp, filed for Chapter 11 bankruptcy. [21]
As of May 3, 2018, Answers.com abandoned their wiki format, according to Chris Hawkins, Vice President, Business Operations. The entire user database was purged, and users can no longer edit questions or answers on the site; however, the site's content will remain available to read. [22]
In October 2019, Answers.com re-launched user-generated content enabling new user registrations, questions, multiple answers, reactions, and comments.
In September 2020, Answers.com launched native iOS and Android apps focused on Homework Help Q&A.
In May 2022, Answers.com was purchased by System1. [23]
Dotdash Meredith is an American digital media company based in New York City. The company publishes online articles and videos about various subjects across categories including health, home, food, finance, tech, beauty, lifestyle, travel, and education. It operates brands including Verywell, Investopedia, People, The Balance, Byrdie, MyDomaine, Brides, The Spruce, Simply Recipes, Serious Eats, Liquor.com, Lifewire, TripSavvy, TreeHugger, and ThoughtCo. In August 2012, About.com became a property of IAC, owner of Ask.com and numerous other online brands, and its revenue is generated by advertising. In addition to its Manhattan headquarters, Dotdash Meredith maintains offices elsewhere in the New York metropolitan area, as well as in Des Moines, Iowa, and Birmingham, Alabama.
HowStuffWorks is an American commercial infotainment website founded by professor and author Marshall Brain, to provide its target audience an insight into the way many things work. The site uses various media to explain complex concepts, terminology, and mechanisms—including photographs, diagrams, videos, animations, and articles.
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Aardvark was a social search service that connected users live with friends or friends-of-friends who were able to answer their questions, also known as a knowledge market. Users submitted questions via the Aardvark website, email or instant messenger and Aardvark identified and facilitated a live chat or email conversation with one or more topic experts in the 'askers' extended social network. Aardvark was used for asking subjective questions for which human judgment or recommendation was desired. It was also used extensively for technical support questions. Users could also review question and answer history and other settings on the Aardvark website. Google acquired Aardvark for $50 million on February 11, 2010. In September 2011, Google announced it would discontinue a number of its products, including Aardvark.
Behance, stylized as Bēhance, is a social media platform owned by Adobe whose main focus is to showcase and discover creative work.
Atlassian Corporation is an Australian-American software company that develops products for software developers, and project managers among other groups. The company is domiciled in Delaware, with global headquarters in Sydney, Australia, and US headquarters in San Francisco.
Facebook is a social networking service originally launched as TheFacebook on February 4, 2004, before changing its name to simply Facebook in August 2005. It was founded by Mark Zuckerberg and his college roommates and fellow Harvard University students, in particular Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and gradually most universities in the United States and Canada, corporations, and by September 2006, to everyone with a valid email address along with an age requirement of being 13 or older.
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