to develop next-generation products from India lab
Bangalore, March 4, 2008 (IANS)
search engine and news and entertainment portal Yahoo! has set up
a laboratory here to develop next-generation products for its global
customers and users, a company official said Tuesday. As Yahoo!'s
sixth lab worldwide and first in Asia, the Bangalore facility will
focus on developing software for information extraction and machine
learning, multimedia and query processing. Yahoo!'s five other labs
are located in the Silicon Valley, New York and Burbank in California
in the US, Santiago in Chile and Barcelona in Spain.
an extension of our research and development (R&D) operations
here, Yahoo! India Lab will initially have 100-member team of scientists
and engineers. They will work on multiple projects to make the Web
more relevant and simple for users and advertisers worldwide,"
Yahoo! India Research head Prabhakar Raghavan told reporters here.
a policy, company officials did not disclose the investment made
in setting up the lab and revenue generated by the Indian subsidiary
through its multiple operations spanning research, computational
advertising and content generation.
India lab will work in tandem with the other labs in the US for
deriving new algorithms to enhance the performance of our search
and retrieval tools, said Raghavan.
the R&D centre will write software codes for various functions,
the lab will develop products for database, index-based search and
matching content for seamless view by users as well as advertisers."
India, which sacked about 40 employees last month for non-performance
and stopped recruitment in the wake of unsolicited bid by global
software major Microsoft to acquire its parent firm recently, plans
resume hiring aggressively to expand its operations this year.
lay off was part of our global exercise to retain the best and optimise
our resource pool. We are looking for some of the brightest talent
beyond science and engineering fields to add value to our creative
output. Many Indian geeks and scientists in Europe and the US are
looking for opportunities to return and work in India," Yahoo!
India R&D CEO Pranesh Anthapur said.