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Quintura has launched its first site search solution. It’s initially only available in the U.S.

“Web publishers who add Quintura’s free, hosted solution to their websites will realize significant cost savings and generate a new revenue stream,” said Yakov Sadchikov, founder and CEO of Quintura. “Online publishers are given a unique opportunity to engage their users in site search far more than ever before, resulting in additional page-views and click-throughs.”

Quintura has also received its first patent, for a search engine graphical interface using maps and images.

“In beta trials, our solution has proven its benefits to web publishers,” said Dennis Szerszen, CMO of Quintura. “Our statistics demonstrate much higher click-through rates, search utilization, and overall page-views.”

Soleil Securities has downgraded Google stock (GOOG) from “buy” to “hold.” Their reasoning is that ad-driven companies will see a slowdown to the weak economy and that Google is already experiencing a slowdown in growth of their ad revenues. Soleil analyst Laura Martin downgraded the price target for GOOG from $580 to $350. GOOG was at $334 at the time of this post.

Google will hold its 2008 third quarter earnings call and webcast next week.

Meanwhile, Local.com has announced a stock repurchase program. The program will last 18 months and the company may buy up to $2 million of outstanding common stock.

“The board of directors has confidence in our company,” said Heath Clarke, Local.com chairman and chief executive officer. “Local.com is a leader in the rapidly growing local search market with both patented and patent-pending technologies. We are gaining significant market share, increasing our organic traffic, growing our direct advertiser base and, as a result, projecting continued high growth.”

LOCM was at 1.89 at the time of this post. Its high is 2.36 and its low is 1.78.

Both GOOG and LOCM trade on the Nasdaq which was up 4.40 points at the time of this post.

Related Reading:
Local.com Partners with Hearst’s White Directory Publishers
Local.com Launches Ratings and Reviews Engine
Google Earnings Top $5.37 Billion in Revenue Q2 2008

Online video search engine blinkx has sent a letter to digital advertising company MIVA, seeking to acquire it for $1.20 per share. Yesterday’s closing price for MIVA stock, which trades on the NASDAQ, was $0.78.

MIVA has certainly had its share of trouble of recent years. The company has gone through reorganizations and a management shakeup in the hopes of stabilizing the business, which includes a pay-per-click offering.

Here’s the full text of the letter for your consumption.

August 8, 2008

MIVA, Inc.
5220 Summerlin Commons Boulevard
Suite 500
Fort Myers, FL 33907
Attention: Peter Corrao, CEO
Larry Weber, Chairman
Members of the Board of Directors

Dear Ladies and Gentlemen,
Re: blinkx and MIVA Combination

I am writing on behalf of the board of directors of blinkx Plc to make a proposal for the business combination of blinkx and MIVA. Under our proposal, blinkx would acquire all of the outstanding shares of MIVA common stock for $1.20 in cash per share. Our proposal is not subject to any financing condition. The transaction would be funded from existing cash resources of the two companies.

Proposal. Our proposal represents a 54.0% premium above the closing price of MIVA common stock of $0.78 on August 7, 2008, and a 36% premium over the average closing price for the one month prior to August 7, 2008.

By whatever financial measure one might use, we believe this proposal represents a compelling value realization opportunity for your shareholders and the quickest and most secure way to see such value, particularly given the several challenges MIVA faces in the near term, including: risk and cost associated with the new technology platform, a deteriorating cash position, continued deterioration of the Media EU business and continued decline in revenue and profitability.

We believe that MIVA’s shareholders would not be well-served by any delay in negotiating or completing the merger process, and that time and/or another round of restructuring plans will not significantly increase MIVA’s valuation.

Background. Having worked together for a number of years you will be aware that blinkx is the world’s largest and most advanced video search engine. Founded in 2004 by Suranga Chandratillake, the company completed a successful IPO on the London Stock Exchange (AIM) in May 2007 and currently has a market capitalization of approximately $160 million, with headquarters in San Francisco, CA and the UK. With an index of over 26 million hours of searchable video and more than 350 media partnerships, including national broadcasters, commercial media giants, and private video libraries, blinkx has cemented its position as the premier destination for online TV. blinkx pioneered video search on the Internet, enhanced by $150 million in R&D over 12 years, and is now protected by 111 patents.

Rationale. blinkx believes that a combination of the two companies would be mutually beneficial to both companies’ shareholders, employees, and customers. blinkx and MIVA have complementary businesses that could benefit greatly from blinkx’s technology and MIVA’s distribution network.

blinkx has worked with MIVA as a customer and partner for a number of years and has a great deal of respect for MIVA’s success in building a global keyword advertising network and growing the MIVA Direct consumer offering. We believe, however, that with the Internet’s continued progression towards rich media and newer forms of advertising, more advanced technology will play a fundamental role in achieving success.

blinkx already has in place a proven and growing video-driven revenue engine, and enjoys an unrivalled technology portfolio which is applicable across many aspects of the online market. A combination of the two companies - fusing MIVA’s advertising network with blinkx’s ability to leverage its technology portfolio into the online market - presents an exciting and compelling opportunity.

Specifically, blinkx’s advanced and scalable matching technology will enable immediate platform improvements for MIVA. As a result large portions of relevant search traffic from MIVA’s search ad network will be monetizeable at higher rates through blinkx’s technology. Furthermore blinkx’s technology holds the potential to build on MIVA’s existing toolbar network, adding the latest functionality and an entirely new revenue stream. Finally, MIVA’s consumer sites and portals, that already attract large audiences, will immediately benefit from blinkx’s advanced video technology and AdHoc advertising platform.

Process and Employees. We would value the opportunity to further discuss with you how to optimize the integration of our respective businesses to create a leading global technology company. We believe that the management and employees of MIVA are critical to realizing a successful transition and foresee an important and central role for MIVA employees in the combined company.

Any acquisition of MIVA would be subject to the opportunity to conduct a limited confirmatory due diligence investigation, the negotiation of a definitive merger agreement containing customary terms and conditions, including customary conditions to closing; no material adverse change to MIVA’s business; appropriate shareholder approvals; and any regulatory requirements. Given our participation in the industry and MIVA’s public status, we envisage an efficient due diligence process appropriate to a public company. We are prepared to deliver a draft merger agreement to you and begin discussions immediately.

Due to the importance of these discussions and the value represented by our proposal, we expect the MIVA Board to engage in a full review of our proposal and discussion of its contents with MIVA’s shareholders. We are prepared to meet at a time and location of your convenience to complete due diligence and commence definite agreement negotiations.

We believe this proposal represents a unique opportunity for MIVA’s shareholders to realize value, and the combined company will be well positioned for future growth. We hope that you and your Board share our enthusiasm, and we look forward to a prompt and favourable reply.

Yours sincerely,

Suranga Chandratillake

CEO and Founder

Today, Yahoo announced that Right Media Exchange will feature LucidMedia’s patented ClickSense contextual advertising. The targeted ad solution has been testing since May, culminating in a partnership between the two. Buyers and publishers will be able to contextually categorize 60 vertical channels in Right Media Exchange’s display advertising inventory.

“LucidMedia’s ClickSense technology will significantly help increase the prospective yield of a publisher’s available inventory and improve an advertiser’s ability to contextually target ads to relevant content and categories through the Right Media Exchange,” said Bill Wise, General Manager, Right Media. “We are excited to bring this capability to Exchange participants and look forward to working with the LucidMedia team to deepen the use of ClickSense across the Exchange.”

Related Reading:
Yahoo! to Integrate Right Media and AMP Ad Management Platforms, But When?
Yahoo’s Latest Partnership: Online and Mobile Advertising Integration with Publicis
Yahoo to Acquire Right Media

Location-based social networking is projected to generate worldwide revenues of $3.3 billion by 2013, according to ABI Research. But the business model may not be advertising driven.

“Location-based mobile social networking revenues will reach $3.3 billion by 2013, but successful business models may differ from what many observers expect,” says ABI Research principal analyst Dominique Bonte. “While location-based advertising integrated with sophisticated algorithms holds a lot of promise, the current reality rather points to licensing and revenue-sharing models as the way forward for social networking start-ups to grow their customer base and reach profitability. Recent evidence: the agreements between GyPSii and both Garmin and Samsung. Similarly, Loopt has established partnerships with all major US cellular carriers.”

This brand of social media has already started to take off with the recent release of the new iPhone platform. Users are now allowed to download applications designed specifically for the device. This has generated a slew of location-based social networks (as well as search apps).

Related Reading:
Local.com Gets Location-based Search Patent
Apartment Guide Launches Mobile GPS Search Application

Billing itself as a “Super Search Engine,”IAC’s RushmoreDrive.com has announced a 2009 Range Rover Sport Sweepstakes.

RushmoreDrive.com, the new search engine for the Black community from Barry Diller’s IAC (InterActiveCorp) announced its Range Rover Sport Drive Away Sweepstakes at the Michael Baisden LIVE event held at the Nokia Theatre in New York City.

Surprisingly, there’s no mention of the Sweepstakes on the search engine’s home page or media pages.

RushmoreDrive.com hopes to change the way the Black community searches the World Wide Web for information, jobs and news. The job search feature is especially important given the current job market and economic uncertainty caused by the sub prime mortgage crisis, high gas prices, etc.

Michael Baisden encouraged members of the Black community to not only register at www.RushmoreDrive.com every day from now until the September 5, 2008 drawing for the Range Rover Sport, but he also reminded them that this first-of-its-kind search engine was built by Black people, for Black people.

RushmoreDrive.com employs a patent-pending technology that reputedly enables the search engine to identify sites with heavy online traffic from Black users and to elevate relevant information in the way in which it is listed.

The search engine is complemented by a job search and networking feature as well as a news section that presents several points of view on current events coming from mainstream and Black media sources and outlets. “Finally, Black people across the country have a search engine that is shaped by the interests and usage of the Black community,” said RushmoreDrive.com’s Johnny Taylor in a statement.

Beginning tomorrow (July 17), GoDaddy will offer .me domains in open registration. The registrar and hosting provider hopes that people will sign up for two reasons: 1. to have their own name as their domain and 2. to have more control over their email address.

“‘I want my name as a domain name’ is something I hear often from Internet users,” said GoDaddy.com CEO and Founder Bob Parsons. “DotME not only gives everyone a chance to register their own name, but provides the perfect domain for expressing themselves.”

Next Monday, July 21 at 12pm EST, Encirca will sell .pro domains (pdf) as part of the relaunch of the extension. Only licensed professionals can register .pro domains.

“We enthusiastically support the re-launch of dot-pro,” says Thomas Barrett, President of EnCirca, the leading dot-pro registrar. “These long overdue changes will open the door for businesses representing over 1,100 licensed professions, from every country in the world, to establish their Internet brand identity with the .pro domain name.”

Previously, the .pro domain was only available for four types of professionals in four countries, but now the domain is available to many more professions in hundreds of countries. Examples of eligible licensed professionals include:

• Lawyers
• Accountants
• Engineers
• Architects
• Surveyors
• Doctors
• Dentists
• Chiropractors
• Nurses
• Opticians
• Optometrists
• Podiatrists
• Psychologists
• Therapists
• Social Workers
• Veterinarians
• Plumbers
• Inspectors
• Building Contractors
• Electricians
• Investment Advisors
• Real Estate Brokers
• Insurance Brokers
• Educators
• Patent and Trademark Examiners
• Court Reporters
• Police and Fire Safety Officers
• any other profession where an official credential is required for a business or individual to offer services

Before you make those all important domain purchases, be sure to brief yourself on the impact of domain names on SEO:
How to Choose the Best Domains for Search Engine Visibility
What’s in a (Domain) Name? Take 2
Is The Company Worth As Much As The Domain Name?

David Utter over at WebProNews has written an insightful piece on the possibility Microsoft wants Yahoo mainly for the old Overture patents it holds, in particular patent 361.

Between his article which clarifies much of Usman Latif’s posts on the topic as well as Latif’s own detailed post from 2005 when Google fired the employee for blogging - shows a very good conspiracy and Machivellian business theory.

Is ‘patent 361′ the Holy Grail of our industry? Does it hold the power of the search engine industry? Could we see a long-haired Tom Hanks snooping around San Jose this year looking for clues?

When you see the government investigating the Yahoo/Google deal, and the cries about the possible Microsoft buying of Yahoo, this makes for even more high drama.

Is Jerry Yang refusing Microsoft advances because he knows the secrets. Is patent 361 the National Treasure like source of all riches in paid search?

This definitely gives a different perspective to the entire situation. I am waiting for David Brown to write the novel.

Mike Moran is leaving IBM after 30 years to take a position in the newly created role of Chief Strategist at social media marketing agency, Converseon. Moran will be involved in the development of Conversation Miner as well as provide consulting to Converseon clients.

“We’re thrilled to have Mike join us,” said Rob Key, Converseon CEO. “He brings to the table the perfect combination of industry-leading expertise with hands-on knowledge of how to internally adopt and promote these practices within complex, enterprise environments. As we often say, social media can be technically relatively simple, but culturally quite difficult. His experience will be invaluable as we help leading brands develop and execute innovative social media campaigns. He will also play a key role in consolidating Converseon’s position as a leading social media marketing and consulting agency offering end-to-end services, from listening to engaging to measuring.”

While at IBM, Moran led several search technology projects including IBM’s OmniFind search and text analytics products, the first commercial linguistic search engine, and automatic categorization technology for business search at ibm.com. He has been granted multiple patents and is the author of Do It Wrong Quickly: How the Web Changes the Old Marketing Rules.

“With their focus on pushing the edges of innovation in reputation management, search marketing and social media, Converseon is the ideal fit for me,” said Mike Moran. “I look forward to working with their standout team and clients.”

Yahoo is known for its (in)famous reorganizations, but they now face a contender for the title of “Most Likely to Shake Things Up.” Just over a year after its last reorganization, MIVA has headed back to the drawing board in the hopes of revising the struggling digital ad company.

On the chopping block is 15% of its workforce as well as the MIVA Media operations in Italy. MIVA says this will save them $4 million a year plus a one time savings of $1.4 million.

The recent reorganizations are just the latest of what ails MIVA. In 2006, Craig Pisaris-Henderson and Phillip Thune resigned as CEO and President respectively. And in 2005, the company agreed to an $8 million patent settlement with Yahoo.

As a result, MIVA dropped their partnership with Yahoo and made one with Google. Boy, that sounds familiar.

MIVA licensed FAST technology in 2005. FAST was recently acquired by Microsoft. Since MIVA has such an admiration for the way Yahoo does things, we offer the following words of advice: If Ballmer offers to buy, say YES.