Friday, November 18, 2011

MacDailyNews: Apple Siri paves way for $100 million IPO

MacDailyNews
Apple and Mac News // via fulltextrssfeed.com
Apple Siri paves way for $100 million IPO
Nov 18th 2011, 17:43

Nov 18, 2011 - 01:50 PM EST — AAPL: 377.46 (+0.05, +0.01%) | NASDAQ: 2581.81 (-6.18, -0.24%)

Friday, November 18, 2011 · 12:43 pm · 6 Comments

"Siri is the most advertised feature of the new iPhone 4S from Apple," Nigam Arora reports for Forbes. "Siri is a voice controlled virtual personal assistant that relies on artificial intelligence, and Apple has done an excellent job at integrating Siri with other apps on the phone."

"In my article 'Siri Is Apple's Post-Jobs Ticket To $1,000,' I gave the following example to illustrate the capabilities of Siri: When I asked Siri to find the best Indian restaurant nearby it came up with the right answer. It did not answer with the nearest restaurant, but found the highest rated restaurant nearby," Arora reports. Siri received the answer to my query from a restaurant data base generated by a company called Yelp."

Arora reports, "Yelp offers reviews of local businesses. Yelp claims to have built up a data base of 22 million reviews. It is estimated that 61 million unique visitors per month visit Yelp. Yelp is now capitalizing on the publicity generated by Siri. Yelp has just filed for an IPO for up to $100 million."

Read more in the full article here.

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