Microsoft Hires 14 Yahoo Researchers to Kickstart New NYC Research Lab (opens in new tab)

Wow, MSR got some really good people out of this. Yahoo! have had a great research lab, but with the recent layoffs and now this it looks like it's on the way out. MS has shown they commercialise products out of MSR (e.g. the Kinect) so this could have a big impact in a few years.

John Langford's comments on the subject: http://hunch.net/?p=2341

Yahoo has more pressing issues than research. A shift of focus away from research was to be expected after the last reorg.

This is awesome news. Microsoft Research already has a great set of theorists in their New England lab, but clearly they were missing resident sociologists/economists. They can't have hoped for a richer haul than what they just landed here, that too in one shot.

Also this just proves further (in case anyone doubted) that Microsoft is in the game for the long haul.

David Pennock Morgan Stanley Process Driven Trading, New York, NY, May 2008

Many quants have moved to silicon alley/valley from wallstreet due to the spectacular crash of 2007. Curiously, there have been much chatter about a crash in the tech sector lately - strange attractors.

https://en.wikipedia.org/wiki/Watts_and_Strogatz_model Serious pickup for MS.

Awesome. Hope they open the kimono and invite people in for meetups from time to time :)