Wikipedia founder to create user-driven search engine
Wikia, a for-profit corporation created by Wikipedia founder Jimmy Wales, is preparing to launch a search engine that will leverage the user-driven model that has contributed to the massive success of the Wikipedia.
The Wikia corporation plans to launch the search engine with financial backing from online retailer Amazon (some sites are erroneously reporting that Amazon is involved in the development process, but please note that they are just providing financial resources for Wikia at this point) and a handful of other technology companies, but Wales hopes to generate profit from the service with advertising. In an interview with Times Online, Wales says that “the revenue model for search is advertising,” a truism demonstrated by competitors Google and Yahoo. Does Wikia have what it takes to beat the best at their own game? Wales is hoping that the reputation of Wikipedia and the transparency of the user-driven approach will be enough to attract users.
Full article: Ars Technica