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Yahoo Tapping Berkeley As Idea Source
By David Utter
Expert Author
Article Date: 2005-07-18
The Sunnyvale-based portal company will place and fund a research lab near the UC Berkeley campus.
Yahoo will be going back to school.
A partnership with UC Berkeley will give a few of their students and faculty members a chance to influence the future of Yahoo on the Internet.
"There are so many challenges technically that we can use all the brain power we can," said Usama Fayyad, senior vice president and chief data officer at Yahoo.
About 20 people will be employed by the research lab. The amount of funding being provided by Yahoo for this purpose has not been disclosed.
Work at the lab should focus on search technology, where related advertising efforts provide Yahoo with the vast majority of its annual revenue. According to the San Francisco Chronicle, work on communities and media will take place too.
These efforts, along with activities focused on video and image search, sound as though Yahoo wishes to duplicate Google's Labs, but with an off-site partnership instead of an in-house effort.
Intel has a research lab near Berkeley, and is the only other technology company that has funded a lab in partnership with the school.
About the Author: David Utter is a staff writer for WebProNews covering technology and business. Email him here.
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