Ask Jeeves no more – IAC shuttering search

Ask Jeeves no more – IAC shuttering search

Well, we all knew it was going to happen sooner rather than later, and it just so happens that today is the day the final nail was hammered into the search coffin.

According to Bloomberg, IAC chairman Barry Diller, who bought the search engine in 2005 for $1.85 billion to try to take on Google, has “dismissed” the company’s search engineers in New Jersey and China, saying that, “We’ve realized in the last few years you can’t compete head on with Google.”

We saw Diller speak this fall at TC Disrupt, and he was basically saying the same thing then, that just wasn’t cutting it against Google, and that it was hard to keep justifying the cost of keeping it going. At its official death today, accounted for less than 2% of US search traffic, with Google at 65%. president Doug Leeds said in an interview with Bloomberg:

It’s become this huge juggernaut of a company that we really thought we could compete against by innovating. We did a great job of holding our market share but it wasn’t enough to grow the way IAC had hoped we would grow when it bought us.

Of course, Ask is just the latest domino to fall to Google – Yahoo recently also abandoned search, handing over its search to Microsoft’s Bing. According to the report, Ask will now focus on its Q&A engine as well as its toolbar business, which is reportedly doing well.

Goodbye Jeeves, we hardly ever visited you.

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