Venture capitalists for years had avoided backing Google competitors because of its dominance of internet searching across most of the world. You.com, a startup looking to challenge Alphabet Inc's Google by developing a more customizable search engine, announced on Tuesday a $20 million investment led by the venture fund of Salesforce.com Inc Chief Executive Marc Benioff. Benioff's involvement with the startup includes the transfer of the You.com domain name, which he has owned since the 1990s. Founded last year by two former top AI scientists at Salesforce, You.com lets users set preferred websites. You.com will not track users across the web nor sell "privacy-invasive ads", according to co-founder and CEO Richard Socher.

Source: The North Africa Journal November 09, 2021 13:34 UTC