Jeff Kinder, Yahoo's senior vice president for media products and solutions, recently said the company is considering investing in hackers with good ideas.

"Hackers and Open Hack Days have proven to be important sources of new ideas and technologies for Yahoo, Kinder said," writes Computerworld's John Ribeiro. "Meme, now a microblogging site, was transformed from an internal Yahoo product idea into a product on Yahoo’s platform after an Open Hack Day in Brazil in late 2008."

"Koprol, a mobile location-based social networking site in Indonesia, that was acquired by Yahoo in May, was also set up by hackers who had their technology showcased at the Yahoo Hack Day in Indonesia last year, Kinder said," Ribeiro writes.

Click here to read the Computerworld article.