Friday, September 19, 2014 9:02:10 AM
GOOG
New Google R&D unit reportedly mulled
The Information reports Larry Page has proposed creating a new Google (GOOG +0.4%) R&D unit for projects even more ambitious/long-term than those handled by Sergey Brin'sGoogle X (responsible for Glass, self-driving cars, and delivery drones, among other things).
· The unit would be known as Google Y. Some of the projects reportedly mulled for it include a more efficient airport design and a new model city. Page is also said to be interested in near-term projects such as having biometric security replace passwords, and making location tracking accurate to within inches
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