He started the project about three years ago, and on Wednesday, he and his company, Wavii, unveiled version number one. As it stands, Wavii’s online service is a Facebook-like newsfeed for everything other than Facebook. It feeds you news about what’s going on in the world at large, not just random thoughts from your friends and family. But in building this service, Aoun and company are tackling a much larger problem. They’re trying to organize the internet’s information in ways that machines can understand it.
For photos apps looking to make a lot of money, the dream is getting acquired because it selling apps seems like, at best, a modest market.