Babylon deal translates into cash

(Thanks to Eli) Israeli translation company Babylon has signed a four-year cooperation agreement with Yahoo Inc. The two companies will share in revenue from Internet advertising, which provides Babylon with 94% of its revenue. Babylon already has around 50 million users a day.
http://www.ynetnews.com/articles/0,7340,L-4371451,00.html
http://www.timesofisrael.com/israeli-translation-tech-promotes-understanding/

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