Microsoft Hires 14 Yahoo Researchers to Kickstart New NYC Research Lab
allthingsd.com
allthingsd.com
Also this just proves further (in case anyone doubted) that Microsoft is in the game for the long haul.
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.