Yahoo! Research opens new institute in Chile, in collaboration with CWR
January 2006
Yahoo! Research signed a collaboration agreement with Universidad de Chile for the creation of a new research center in Santiago. This new center will operate in collaboration with the Millenium Nucleus Center for Web Research, and it will be led by our Director, Ricardo Baeza-Yates.
This past monday 9th, a group of high executives from Yahoo!, led by Dr. Usama Fayyad, Data chief and Sr. Vice President at Yahoo!, Dr. Prabhakar Raghavan, Director of Yahoo! Research and Roberto Alonso, Vicepresident and Management Director of Yahoo! for Latin America, with Dr. Baeza-Yates, were recieved at La Moneda by Ricardo Lagos, president of the Republic of Chile, in order to officialize the initiative and inform the president on the details of the proyect.
Later on during the day, the executives from Yahoo! made the public announcement at a press conference at a ceremony that was attended by Carlos
Álvarez, Subsecretary of Economy and CIO of Chile, Prof. Luis Riveros, Rector of Universidad de Chile, and Prof. Luis Brieva, Dean of the School of Engineering at Universidad de Chile. During this ceremony they signed a document that seals the collaboration agreement.
In picture: Raghavan, Baeza, Brieva, Fayyad, Álvarez, Alonso. Mr
Álvarez declared "this project must fill us with pride as Chileans, since it proves we have the human skills to be part of a leading-edge Internet research, and because we continue to be a country that presents positive conditions for attracting great companies".
Rector Riveros signs the agreement.
The Director of Yahoo! research, noted that "in today's world, with economic development in different parts of the world, we can't expect everyone to come to the United States". "Therefore, our philosophy is to use the talent wherever it is, is talent is here, we come here; if this talent is in China, we go to China; if talent is located in Korea, we go to Korea. Then, wherever talent is, we must, as a company, connect with such talent, we can't bring everyonw home and then deal with that. That doesn't work anymore, we can no longer expect that the whole world will come to the United States". Raghavan further explained that "the Center for Web Research at Universidad de Chile has been a leader in the exploration and discovery of innovative techniques en areas of Web Research and therefore, we are very eager to use this alliance to build leadership and innovation on it".
Related links from the presss (in Spanish):
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