Thursday, August 27, 2009

Facebook mirrors Google with crowdsourcing agenda

Journalists and Silicon Valley insiders alike often wonder aloud why venture capitalists have reportedly poured $716 million into social networking startup Facebook Inc., giving it a massive valuation estimated by some at $15 billion. Facebook may have dropped a hint as to why in a new patent filing on language translation technology that TechCrunch noted last night.Facebook has melded technology and human intellect via crowd sourcing to create a better language translation technology.
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