Tech Nostalgia: Lycos Sells its Patents

lycos-1996

Lycos, the first internet search engine to implement spidered web indexing has emerged from semi-retirement to hawk off some of its valuable patents. Lycos was sold to Telefonica at the height of the tech bubble for $5.4 billion, but was offloaded to a digital knackers yard in 2010 for just $36 million – the new owners are hoping to cash in on Internet of Things mania by selling relevant patents for connecting electronics to the internet.

The much loved search engine was kicked to the kerb by Google years ago, but has a special place in the hearts of the many tech geeks who were useing it long before Google even existed. For those feeling a bit nostalgic, you can actually still use the search engine




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Quote of the Day

Dr Alexander Kogan, the app developer who originally harvested the Facebook data, said…

“I think what Cambridge Analytica has tried to sell is magic and made claims this is incredibly accurate and it tells you everything there is to tell about you. But I think the reality is it’s not that. If you sit down and you really work through the statistics and you think what does a correlation of point three means, those claims quickly fall apart. And that’s something any person with a statistical background can go and do.”

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