So what ex­act­ly does Ver­i­ly do? A new deal with L'Oréal does­n't clear up much

More than six years since be­ing spun out of Google, it’s still un­clear ex­act­ly what Ver­i­ly is up to.

On Thurs­day, the Al­pha­bet sub­sidiary signed a new part­ner­ship with L’Oréal, the con­sumer health­care com­pa­ny best known for its sham­poos and skin care prod­ucts, for an undis­closed sum. The deal is ex­pect­ed to in­volve two pro­grams that help re­searchers gain a bet­ter un­der­stand­ing of how skin and hair age, the com­pa­nies said.

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