Abebooks Seeks Pandora-like Search Algorithms for Book Market
Well, Abe is definitely getting the most out of its ticket to Frankfurt this year. In another story picked up by the wire and already posted on to major media sites like The Washington Post, Blum discusses the company’s desire to improve its search recommendation system, along the lines of Pandora. “First we have to develop a master catalog, and then we can find better recommendation algorithms that go beyond what Amazon is doing right now,” Chief Executive Hannes Blum said in an interview with Reuters. In addition, Blum dismisses any speculation of an IPO stating, “If you don’t really need money, there’s no advantage to going to the public markets,” Blum said. “We’re very healthy.”
