Yahoo! Research Labs (15 Mar 2005)
Yahoo!'s Research Lab is working on new technologies, some of which will be released as products, and others which are more conceptual. Some examples of new products can be found at next.yahoo.com, and include such possibilities as contextual search based on a site that the user is viewing.
Yahoo! is also unveiling a new auction concept, called dynamic pari-mutuel auction. This concept is being used in a live simulated market called the Tech Buzz Game. Dr. Gary Flake, who at the time of this talk was the director of the Yahoo! Research Labs, introduces this partnership between Yahoo! and O'Reilly Media.
The Tech Buzz Game allows players to predict events in the technology world based on quantity of search queries. The game rewards accurate predictions with fake money and real prizes, but also demonstrates a potentially revolutionary concept for the auction and gaming industries.
Article URL: http://www.itconversations.com/shows/detail452.html
(Gary Flake, Yahoo)
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