What are the ranking entitiy name recognition algorithms, and which is better?

For NER (entity recognition) tools like DBpedia, Zemanta, OpenCalais, Alchemy etc., what are the algorithms that they use, and is there a preferred or general algorithm to use?

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Note Soundex is a very beautiful and well-known name matching algorithm (as they are heard in English).

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Double Metaphone, , , , , , .

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