Editing LookSmart (section)

=== 2004–2009 ===
In January 2004, LookSmart sold its Australian operations to [[Telstra]]'s online division Sensis and most of LookSmart's 30 employees in Australia started working for Sensis.<ref name="smart" /> Also in January, Jason Kellerman resigned as CEO of LookSmart and was temporarily replaced as CEO by Damian Smith.<ref>{{Cite web|url=https://www.cnet.com/news/looksmart-chief-resigns/|title=LookSmart chief resigns|last=Olsen|first=Stefanie|date=21 January 2004|website=CNET|language=en|access-date=25 March 2019}}</ref> Starting on 15 January 2004, LookSmart's directory listings were no longer shown on [[Bing (search engine)|MSN Search]].<ref name=":7" /> In April 2004, LookSmart acquired [[Net Nanny]] from BioNet Systems, LLC for $5.3 million in stock and cash.<ref>{{Cite web|url=https://www.bizjournals.com/seattle/stories/2004/04/26/daily31.html|title=BioNet sells Net Nanny for $5.3M|date=29 April 2004|website=[[American City Business Journals]]|access-date=29 January 2019}}</ref> On 1 July 2004, Teresa Dial replaced Thornley as chairman of the company.<ref>{{Cite web|url=https://www.sec.gov/Archives/edgar/data/1077866/000119312504110380/dex999.htm|title=TERESA DIAL ELECTED CHAIR OF LOOKSMART BOARD|date=28 June 2004|website=[[U.S. Securities and Exchange Commission]]|access-date=3 February 2019}}</ref>

In 2005, LookSmart was forced to consolidate its shares after facing suspension from the NASDAQ.<ref name=":11" /> On 15 March 2005, LookSmart had a market cap of $96.21 million and its stock price was at $0.85 per share.<ref>{{Cite web|url=http://finance.yahoo.com/q/bc?s=LOOK&t=5y&l=off&z=m&q=l&c=|title=LookSmart Ltd (LOOK)|date=15 March 2005|website=[[Yahoo! Finance]]|archive-url=https://web.archive.org/web/20050316063925/http://finance.yahoo.com/q/bc?s=LOOK&t=5y&l=off&z=m&q=l&c=|archive-date=16 March 2005|access-date=2 May 2019}}</ref> In May 2005, LookSmart started providing [[Ask.com]] with its sponsored listings.<ref name=":8" /> On 28 March 2006, LookSmart closed the Zeal directory.<ref>{{Cite web|url=https://www.searchenginejournal.com/looksmart-closes-zeal-concentrates-on-furlnet/3161/|title=Looksmart Closes Zeal, Concentrates on Furl.net|date=23 March 2006|website=Search Engine Journal|language=en|access-date=7 January 2019}}</ref>

In January 2007, ContentWatch Inc. acquired Net Nanny from LookSmart.<ref>{{Cite web|url=https://www.netnanny.com/company/press/netnanny/|title=ContentWatch Inc. Acquires Net Nanny from LookSmart Ltd.|website=www.netnanny.com|language=en-US|access-date=29 January 2019}}</ref> John Simonelli, the CFO and COO of LookSmart, resigned in June 2007.<ref>{{cite news | url=https://www.bizjournals.com/sanfrancisco/stories/2007/06/04/daily47.html | title=LookSmart's CFO to step down | work=[[American City Business Journals]] | date=7 June 2007}}</ref><ref>{{Cite web|url=https://searchengineland.com/good-news-bad-news-looksmart-cfo-resigns-company-ups-guidance-11425|title=Good News, Bad News: LookSmart CFO Resigns, Company Ups Guidance|last=Sterling|first=Greg|date=8 June 2007|website=Search Engine Land|archive-url=https://web.archive.org/web/20110522210845/https://searchengineland.com/good-news-bad-news-looksmart-cfo-resigns-company-ups-guidance-11425|archive-date=22 May 2011|access-date=1 March 2019}}</ref> On 17 July 2007, the company sold Grub to [[Wikia]]<ref>{{cite news | url=https://www.theregister.co.uk/2007/07/27/wikia_grub_looksmart/ | title=Wikia snatches open search software from LookSmart | first=Ashlee | last=Vance | author-link=Ashlee Vance | work=[[The Register]] | date=27 July 2007}}</ref> for $50,000.<ref name=200710K>{{cite web | url=https://www.sec.gov/Archives/edgar/data/1077866/000119312507242517/d10q.htm | title=LOOKSMART, LTD. 2007 Form 10-K Annual Report | publisher=[[U.S. Securities and Exchange Commission]]}}</ref> On 1 August 2007, David Hills resigned as CEO of LookSmart and Edward West was appointed CEO the same day.<ref>{{Cite news|url=https://www.reuters.com/article/looksmart-ceo-idUSWNAS930220070801|title=LookSmart CEO resigns, interim replacement named|date=1 August 2007|work=Reuters|access-date=12 February 2019|language=en}}</ref> Also in August, LookSmart's management made the decision to exit [[consumer products]] and sell or dispose of their websites and assets associating with their consumer properties revenue stream.<ref name="200710K" /> Further developments in 2007 included Michael Grubb resigning as [[Chief technology officer|CTO]] of LookSmart on 7 September 2007,<ref>{{Cite web|url=https://searchengineland.com/looksmart-cto-resigns-12111|title=LookSmart CTO Resigns|last=Sterling|first=Greg|date=6 September 2007|website=Search Engine Land|archive-url=https://web.archive.org/web/20100102133032/https://searchengineland.com/looksmart-cto-resigns-12111|archive-date=2 January 2010|access-date=1 March 2019}}</ref> LookSmart closing WiseNut in late-September,<ref>{{Cite web|url=http://www.wisenut.com|archive-url=https://web.archive.org/web/20070927204028/http://www.wisenut.com/|url-status=dead|archive-date=27 September 2007|title=WiseNut|date=27 September 2007|website=WiseNut|access-date=10 January 2019}}</ref><ref>{{Cite web|url=http://www.wisenut.com|archive-url=https://web.archive.org/web/20070929110758/http://www.wisenut.com/|url-status=dead|archive-date=29 September 2007|title=WiseNut|date=29 September 2007|website=WiseNut|access-date=10 January 2019}}</ref> the company delisting from the Australian Securities Exchange on 1 October,<ref>{{Cite news|url=https://www.reuters.com/article/looksmart-delisting-idUSN2142112020070622|title=LookSmart to be delisted in Australia 1 Oct.|date=22 June 2007|work=Reuters|access-date=17 February 2019|language=en}}</ref> the company selling Zeal on 15 October for $50,000,<ref name="200710K" /> the company selling FindArticles to [[CNET Networks]] on 9 November for $20.5 million,<ref name="200710K" /><ref name="Wired">{{cite web |url=http://blog.wired.com:80/business/2007/11/cnet-buys-finda.html#previouspost |archive-url=https://web.archive.org/web/20080118111118/http://blog.wired.com/business/2007/11/cnet-buys-finda.html#previouspost |url-status=dead |archive-date=18 January 2008 |title=CNet Buys FindArticles From a Similarly Regrouping LookSmart |accessdate=18 July 2008 |last=Russell |first=Terrence |date=8 November 2007 |work=Wired Blog Network |publisher=[[Wired (magazine)|Wired]] }}</ref><ref name="VentureBeat">{{cite web |url=https://venturebeat.com/2007/11/08/cnet-buys-findarticlescom-from-looksmart-for-205-million/ |title=CNet buys FindArticles.com from LookSmart for $20.5 million |accessdate=18 July 2008 |last=Eldon |first=Eric |date=8 November 2008 |work=Venture Beat}}</ref> and William Bush being appointed CFO of LookSmart on 20 December.<ref>{{Cite web|url=http://investor.shareholder.com/looksmart/releasedetail.cfm?ReleaseID=282928|title=LookSmart Appoints New Chief Financial Officer|date=20 December 2007|website=investor.shareholder.com|archive-url=https://web.archive.org/web/20071224052203/http://investor.shareholder.com/looksmart/releasedetail.cfm?ReleaseID=282928|archive-date=24 December 2007|access-date=30 January 2019}}</ref>

On 14 January 2009, LookSmart had a market cap of US$28 million and its stock price was at $0.14 per share.<ref name=":11" /> In March 2009, the company sold Furl to [[Diigo]].<ref name="furl">{{cite news|url=https://techcrunch.com/2009/03/09/diigo-buys-web-page-clipping-service-furl-away-from-looksmart/|title=Diigo Buys Web Page Clipping Service Furl Away From Looksmart|date=9 March 2009|work=[[TechCrunch]]}}</ref> In May 2009, Ask.com, which accounted for 89% of LookSmart's company publisher solutions revenue in the first quarter of 2009, announced that it would not renew its contract with LookSmart for sponsored listings.<ref name=":8" /> In December 2009, Jean-Yves Dexmier became the CEO of LookSmart.<ref>{{Cite web|url=https://www.bloomberg.com/profiles/people/1443402-jean-yves-f-dexmier|title=Jean-Yves Dexmier, Former Chairman, Looksmart Ltd|website=[[Bloomberg L.P.]]|access-date=19 March 2019}}</ref> On 31 December 2009, Ask.com ended its contract with LookSmart for sponsored listings.<ref name=":8">{{Cite web|url=https://searchenginewatch.com/sew/news/2052311/askcom-will-not-renew-contract-looksmart|title=Ask.com Will Not Renew Contract with LookSmart|last=Johnson|first=Nathania|date=26 May 2009|website=Search Engine Watch|language=en-US|access-date=12 February 2019}}</ref>