Theseus Aid Gets EU Authorization

The mythological Theseus was a Greek hero who became a king; he presumably became filthy rich, as well.  The modern Theseus - a German search engine project - has also gained quite a bit of money: the European Commission just authorized $165 million in aid.

Local.com Picks Up PremierGuide

Yesterday, Hearst Corp. sold its stake in Local.com, but it looks like that didn’t hurt the website much - it has now acquired PremierGuide, “the largest and fastest-growing provider of private-label local search solutions to newspaper publishers, TV and radio stations, and city portal operators.”