"I hope you all make lots of money," the ex-prez told execs Monday at the launch of Accoona Corp., which repaid him with an undisclosed gift of cash to the William J. Clinton Foundation.

"The Chinese government, one of several large backers, has granted Accoona a 20-year exclusive partnership with the China Daily Information Co., the government agency that runs an official Chinese and English Web site," the Associated Press reported today.

"The deal gives Accoona data on some 5 million Chinese companies, which Accoona sees as a lucrative opportunity as U.S. businesses seek to do business in China ahead of the 2008 Olympic Games in Beijing."

Accoona Chairman Eckhard Pfeiffer, former chief executive of Compaq Corp., said this search engine would use artificial intelligence, rather than relying on keywords, to improve results.

"Accoona's artificial intelligence technology will elevate search engine performance to a new unprecedented level, allowing the most relevant search available today," Pfeiffer gushed.

Sounds like fascinating technology. Say, wasn't China the country that Clinton gave U.S. military secrets, technology and intelligence during his presidency in exchange for other "donations"?

Editor's note: