Business briefs: TMG sells offices

TMG Partners, the San Francisco mixed-use property developer has sold its Bay Center Offices in Emeryville to Harvest Properties and Principle Real Estate Investors for more than $120 million, TMG said in a release. The property, which TMG has held since its 1988 development, consists of three buildings located at 6425-6575 Christie Ave. with a combined 327,750 square feet on 7.6 acres.

YouTube

The popular user-generated video-sharing site headquartered in San Bruno will begin testing video recognition technology in conjunction with partners Time Warner Inc. (TWX) and The Walt Disney Co. (DIS) The test will begin next month with hopes that the software, designed to recognize copyright content in videos, will be ready to roll out later this year, YouTube said. The site’s owner, Google Inc. (GOOG), has previously pledged to adopt some kind of solution to identify copyright content on its site so it can remove pirated content or negotiate with owners for a license.

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