Jason Kellerman has stepped down as chief executive of LookSmart and relinquished his board member status, effective immediately. The board named Damien Smith, CEO of LookSmart's Australian operation, as interim CEO while it conducts a search for a successor.
I predicted on WebmasterWorld a bit more than a year ago that L$ would be going out of business within 36 months. It's been about 14 months so far and looks like they'll be right on time with my prediction.
Google should pay close attention to what happens when customers feel betrayed. All of the complaining about Yahoo! and mostly every collegue I know is now optimizing for Inktomi in preparation for "the big switch".