Editing Answers.com (section)

==History==
GuruNet was founded in [[Jerusalem]] during 1999 to develop technology that intelligently and automatically integrates and retrieves information from disparate sources and delivers the result in a single consolidated view to the user. GuruNet initially displayed its information through a downloadable software product, today known as 1-Click Answers. The product was launched as a free product in 1999. Beginning in 2003 it was sold to users on a [[Software license|perpetual license]] base and later as an annual subscription.<ref name=GCRep>{{cite web|url=http://ir.answers.com/secfiling.cfm?filingID=1144204-05-9612 |title=GuruNet Corporation 2005 Annual Report |publisher=ir.answers.com |url-status=dead |archive-url=https://web.archive.org/web/20070820134630/http://ir.answers.com/secfiling.cfm?filingID=1144204-05-9612 |archive-date=August 20, 2007}}</ref>

In October 2004, GuruNet had an [[Initial public offering|IPO]] on the [[American Stock Exchange]] (AMEX) under the symbol "GRU" and also acquired the Answers.com domain name early the same year for $80,000.<ref name="Festa">{{Cite journal |author=Festa, Paul |date=January 3, 2005 |title=GuruNet launches new search service |url=http://news.cnet.com/GuruNet-launches-new-search-service/2100-1024_3-5510784.html |journal=[[CNET| CNET News]] |access-date=2010-05-13}}</ref>

In January 2005, the company began a new business model of free-to-customer product. Answers.com and [[Wikipedia: Tools/1-Click Answers|1-Click Answers]] software, containing practically all the content that was sold via subscriptions. The new model was based on generating advertising revenue.<ref name=GCRep />

On August 2, 2005, the company's shares started trading on [[NASDAQ]] instead of AMEX under the symbol "ANSW".<ref name=Festa />

On October 17, 2005, GuruNet changed its corporate name to Answers Corporation, unifying the company's name and its website, Answers.com.<ref name=Festa />

From 2005 to late 2009, the [[Google]] search engine definitions feature, in the top-right corner of the site, was linked to Answers.com.<ref>{{cite web | url = https://www.seroundtable.com/archives/001453.html | title="Google Definitions Now Provided by Answers.com "}}</ref>

On July 2, 2006, Answers.com released a trivia game known as [[blufr]].{{citation needed|date=November 2011}}

In November 2006, Answers.com acquired the question and answer site FAQ Farm.<ref>{{cite news | title = What's in a name? Everything, when you're talking wiki value | url = https://www.theguardian.com/technology/2009/feb/12/wiki-answers-wikia | access-date = October 29, 2014 | work=[[The Guardian]] | location=London | first=Seth | last=Finkelstein | date=February 12, 2009}}</ref> Following the acquisition, the product was renamed '''WikiAnswers'''.<ref>{{cite press release|title=Answers.com Grows Content With WikiAnswers |url=http://ir.answers.com/releasedetail.cfm?ReleaseID=230377 |access-date=February 9, 2009 |url-status=dead |archive-url=https://web.archive.org/web/20090211223738/http://ir.answers.com/releasedetail.cfm?ReleaseID=230377 |archive-date=February 11, 2009}}</ref>

In the fall of 2009, Answers.com launched a revamped version of their website that fully integrated WikiAnswers.<ref>{{cite press release |url=https://www.businesswire.com/news/home/20090922005660/en/New-Answers.com-Launches-Site-Combine-Community-Hundreds |title=New Answers.com Launches First Site to Combine Community with Hundreds of Editorial Resources under One Roof |work=[[Business Wire]] |date=2009-09-22}}</ref>

At [[Jeff Pulver]]'s 140 Characters Conference in New York City in April 2010, Answers.com launched its alpha version of a [[Twitter]]-answering service nicknamed 'Hoopoe.' When tweeting a question to the site's official Twitter account, @AnswersDotCom, an automatic reply is given with a snippet of the answer and a link to the full answer page on Answers.com.<ref>{{cite web |url=https://techcrunch.com/2010/04/20/answers-com-twitter/ |title=Answers.com Starts Answering Questions On Twitter |first=Erick |last=Schonfeld |date=2010-04-20 |work=[[TechCrunch]]}}</ref>

Aside from providing community-generated Q&A and reference information for published titles, Answers.com began offering videos as part of its VideoAnswers library, in July 2010. This was part of a partnership with video site 5min.<ref>{{cite web |url=https://techcrunch.com/2010/07/28/video-answers-5min/ |title=Exclusive: Answers.com Gets 200,000 Video Answers From 5Min |first=Erick |last=Schonfeld |date=2010-07-28 |work=[[TechCrunch]]}}</ref>

In September 2010, [[blufr]] was relaunched as an iPhone/iPod Touch app with new design, game modes, and social features.<ref>{{Cite news |url=http://vator.tv/news/2010-10-05-answerscom-launches-blufr-social-trivia |first=Ronny |last=Kerr |title=Answers.com launches blufr, social trivia |date=2010-10-05 |work=vator.tv |access-date=2017-12-25}}</ref>

It was announced in November 2010 that the Answers.com Q&A community reached its 10 millionth answer.<ref>{{cite web |url=https://techcrunch.com/2010/11/02/answers-com-blufr/ |title=Answers.com Hits 10 Millionth Answer, Launches Its First iPhone App (blufr) |work=[[TechCrunch]]}}</ref>

At the start of 2011, the site surpassed 11 million answers. Shortly after, on February 3, Answers.com announced in a press release that it had agreed to be acquired by AFCV Holdings for $127 million in cash. AFCV Holdings, LLC, is a portfolio company of growth equity investor [[Summit Partners]]. [[Bob Rosenschein]] was quoted: "The acquisition price of $10.50 per share represents a significant cash premium of approximately 33% over our 90-day volume-weighted average closing stock price."<ref>{{cite web |url=http://ir.answers.com/releasedetail.cfm?ReleaseID=547336 |title=Answers.com Agrees to be Acquired for $127 Million in Cash: $10.50 per Share |publisher=Answers.com |date=February 3, 2011
|url-status=dead |archive-url=https://web.archive.org/web/20110205234049/http://ir.answers.com/releasedetail.cfm?ReleaseID=547336 |archive-date=February 5, 2011}}</ref><ref>{{cite web |url=https://techcrunch.com/2011/02/03/qa-site-answers-com-acquired-by-afcv-holdings-for-127-million-in-cash/ |title=Q&A Site Answers.com Acquired By AFCV Holdings For $127 Million In Cash |first=Leena |last=Rao |work=[[TechCrunch]] |date=February 3, 2011}}</ref><ref>{{cite web |url=http://searchengineland.com/answers-com-acquired-for-127-million-63460 |title=Answers.com Acquired For $127 Million |first=Barry |last=Schwartz |date=February 3, 2011 |work=[[Search Engine Land]]}}</ref>

On April 23, 2012, [[TA Associates]] announced that it was joining as an additional private investor in Answers.com and on May 1, 2012, laid off the remaining development staff in the Jerusalem office as a first step in fully assimilating the company.<ref>{{cite web |url=https://www.ta.com/about/news/answers-expands-knowledge-leadership-across-the-web-mobile-and-social-platforms |title=Answers Expands Knowledge Leadership Across the Web, Mobile and Social Platforms |date=April 23, 2012 |publisher=[[TA Associates]]}}</ref>

On August 8, 2012, reports surfaced that Answers.com had reached a preliminary agreement to acquire [[About.com]] from [[The New York Times Company]] for $270 million of debt and equity.<ref name=nyt-aboutsale>{{cite web |title=The New York Times Is About to Say Goodbye to About.com |last=Kafka |first=Peter |url=http://allthingsd.com/20120808/the-new-york-times-is-about-to-say-goodbye-to-about-com/ |work=[[All Things Digital]] |access-date=9 August 2012}}</ref> However, it was thwarted by [[IAC (company)|IAC]], who countered with a $300 million "clean cash" offer.<ref name=allthingsd-about>{{cite web |url=http://allthingsd.com/20120826/barry-diller-shows-up-late-gets-what-he-wants-iac-to-buy-about-com-from-new-york-times/ |title=Barry Diller Shows Up Late, Gets What He Wants: IAC to Buy About.com From New York Times for $300 Million |last=Kafka |first=Peter |date=August 26, 2012 |work=[[All Things Digital]] |access-date=27 August 2012}}</ref>

On December 23, 2013, Answers.com acquired ForeSee Results, Inc., a customer experience & customer survey analytics company based in [[Ann Arbor, Michigan]], USA.<ref>{{cite press release |url=http://www.foresee.com/about-us/news-item/answers-corporation-announces-acquisition-foresee-results-inc-provide-complete-customer-life-cycle-solution/ |title=Answers Corporation Announces Acquisition of ForeSee Results, Inc. to Provide a Complete Customer Life Cycle Solution |date= December 23, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20160313051816/http://www.foresee.com/about-us/news-item/answers-corporation-announces-acquisition-foresee-results-inc-provide-complete-customer-life-cycle-solution/ |archive-date=2016-03-13}}</ref> Answers.com proceeded to lay off between 50 and 75 employees one month after the acquisition, followed by another 100 layoffs 18 months later.<ref>{{cite web|url=http://www.mlive.com/business/ann-arbor/index.ssf/2015/07/foresee_layoffs.html |title=ForeSee parent company lays off nearly 100 employees in 2nd round of cuts |first=Matt |last=Durr |date=July 9, 2015  |website=[[MLive]]}}</ref>

In August 2014, [[Apax Partners]] acquired Answers Corp. for $900 million. The terms of the deal were that Apax would own 91% of the company while Answers’ founders and management team will own the remaining 9% stake.<ref>{{cite news |first=Brian |last=Feldt |title=Answers acquisition said to be worth $900 million |work=[[St. Louis Business Journal]] |date=2014-09-18 |url=https://www.bizjournals.com/stlouis/blog/biznext/2014/09/answers-acquisition-said-to-be-worth-900-million.html |access-date=2018-02-06}}</ref>

In March 2017, Answers.com parent company, Answers Corp, filed for Chapter 11 bankruptcy.<ref>{{Cite news |first= Tom |last=Hals |editor-first=Bill |editor-last=Rigby |url=https://www.reuters.com/article/us-answers-bankruptcy-idUSKBN16A2I5|title=Answers Corp files for bankruptcy to cut $471 million in debt |date=2017-03-03|work=Reuters|access-date=2017-03-11}}</ref>

In May 2018, the website underwent a makeover, with the entire user database purged and users no longer able to edit questions or answers; the website was kept readable in a static state.<ref>{{Cite news |url=https://slate.com/technology/2018/05/answers-com-is-shutting-down-its-service-but-will-keep-its-archives-online.html |title=Answers.com Will No Longer Take Questions and Answers |last=Glaser |first=April |date=May 3, 2018|work=[[Slate (magazine)|Slate]] |access-date=31 August 2019}}</ref> In October 2019, it was re-launched with redesigned [[user-generated content]] functionality, enabling new user registrations, questions, multiple answers, reactions, and comments.

In September 2020, Answers.com launched native iOS and Android apps focused on Homework Help Q&A.

In May 2022, Answers.com was purchased by [[System1]].<ref>{{Cite news|url=https://www.nasdaq.com/press-release/system1-announces-preliminary-first-quarter-2022-financial-results-2022-05-12 | title=System1 Announces Preliminary First Quarter 2022 Financial Results}}</ref>