Google Acquiring Frommer's In Big Travel Data Play
Nerval's Lobster writes with the widely-reported news that Google plans to acquire from publisher John Wiley & Sons the Frommer's travel guides,
along with Wiley's other travel-related publishing assets. "This marks Google's second purchase of a popular guide in less than a year. In September 2011, the search engine giant acquired Zagat, with the intention of mining the company's enormous trove of data on restaurants and local points of interest. Zagat scores and summaries now appear in the Google+ Local tab (present on the left rail of the Google+ profile page). Google's acquisition streak reveals a particular conundrum facing tech companies that offer travel and location services: you can assign thousands of the world's best software engineers the task of creating a simple, intuitive interface for ferreting out the best airline fares or restaurants—but sooner or later, you'll need to fill that system with reliable content."
Purchasing services doesn't mean you're being anti-competitive.
http://en.wikipedia.org/wiki/Competition_law
Keep on knockin'
https://robbiecrash.me
Sadly true.
Case in point, AT&T has almost reformed its monopoly.
Cell phone providers are down to 4 major players (with actual cell tower infrastructure).
1960s, here we come!
And a few thousand other people :).
but sooner or later, you'll need to fill that system with reliable content.
... reliable and useful content that's profitable. Or write it off as advertising expense.
I donno about making money off travel guides on the internet. I imagine they sell a heck of a lot of books to people who never use them. So they don't have to be that accurate or up to date and they profit off people who never use the data. Its a gift type of product.
But the only people using the online data are "actually using it" and they're going to be pissed off when its out of date. So less profit and more hassle... may be better off sticking to selling the books.
On the plus side, I donno I guess file it as advertising expense or a loss leader. On the minus side people who get inaccurate data are going to be mad at you...
"Science flies us to the moon. Religion flies us into buildings." - Victor Stenger
This makes open-source content projects such as Wikitravel (currently under consideration to be adopted by the Wikimedia Foundation) all the more important.
http://alternatives.rzero.com/
You mean this? Colbert's take on AT&T
Come on, this has got to be getting into anti-trust issues.
Sorry, but the anti trust laws went the way of the Constitution. Both are completely ignored now. That's why we have companies that are too big to fail. Anti trust laws should have limited banks like Chase buying up all the competition. That's why we no longer have nice honest small town banks anymore.
Since when is "public safety" the root password to the Constitution?
ebaumsworld still exists?
I will never visit... thanks.
Ebaums world sucks
"OK, now that folks value crowd-sourcing over professional editorial reviews, let's corner the market on professional editorial reviews."--Google
(%i1) factor(777353);
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No one has ever beaten Zagat! And no one ever will!
At least in my town there are some awful restaurants that have all the negative reviews "Filtered" and receive good ratings, above legitimately good restaurants. I've found the reviews on tripadvisor.com to be more trustworthy.
... you made out with your sister!!!! Couldn't resist :>)
http://www.google.com/press/ita/
Couple of years ago Google bought ITA software which makes online travel booking software.
Buying a company for travel content seems to be along those lines.
Could be an extention of Google Map someday that you basically point out where you are, and where you would like to be, and google will handle the rest for you.
Also note that the link shows Arthur Frommer ower of the afore mentioned Frommer's Travel Guides commented on Google's aquisition of ITA and seemed pretty in favor of Google. Interesting. Tinfoil Hat Activate!
And Lonely Planet is one hell of a lot more important than Frommers.
http://en.wikipedia.org/wiki/Lonely_Planet
"The average reporter we talk to is 27 years old......They literally know nothing." - Ben Rhodes