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That is about € 14e9 - enough to pay more than a million YGTs for half a year. Could we use maybe just half a million YGTs for half a year to build a similar platform and keep the remaining € 7e9 for ourselves? Keep in mind that WhatsApp only has 45 employees (according to AllThingsD: http://goo.gl/NtJcSj ). So we would have an advantage > 10000:1. On the other hand does this mean that every employee at WhatsApp gets enough money now to survive comfortably for ~5000 years or will the inevitable social inequality strike and most people get next to nothing while a few get money to live comfortably for ~1000000 years? Also: Does Facebook think about these numbers before they pay them? Or is it just a case of "That looks tasty - lets have it"? Also (2): As far as I can see all these internet companies (Google, Facebook, Yahoo, WhatsApp, Twitter...) seem to make most of their income from advertising. For all these companies together that must be a lot of advertising money (turns out that in 2013 the world spent about $ 500 billion on advertising: http://goo.gl/vYog15 ). For that money you could of course have 20 million YGTs roaming the Earth and advertising stuff door-to-door... ... ...

The whole valuation of those internet companies is a bit scary. Things like the Facebook and Twitter ipo numbers seem just ridiculous.

Facebook is not really so much buying into a potential good business deal as much as it's buying out risky competition. Popular trends need to be killed fast before they take off the ground too much. Also the amount of personal data that WhatsApp is amassing is staggering. I have never seen an app requesting so many phone rights in my life.

Elon Musk is moving forward with space based internet service...

Facebook announced they are ready to test of of their High Altitude Platform element, a drone of the size of a Boeing 737. See the new here http://phys.org/news/2015-07-facebook-ready-giant-drone-internet.html?utm_source=nwletter&utm_medium=email&utm_content=ctgr-item&utm_campaign=daily-nwletter. It seemed interesting for me that they are developing also a reliable optical communication between this element and scattered ground stations.

Nice link, that thing is huge and I would love to see a drone that size fly. Also, Facebook's Aerospace Team? :)

Intelligence agencies are building up a Facebook-style databank of international terrorists in order to sift through it with complex computer programs aimed at identifying key figures and predicting terrorist attacks before they happen.

"Time travellers may be using Twitter and Facebook, claim scientists, despite finding no evidence of it" the same can be said for most moders science "big claims with no evidence" :)

In a sign that the web is becoming more sociable than searchable Although Facebook is enjoying rapid growth, it is only beginning to cash in on its success. Revenues at the social media company are estimated to be in the range of $1bn to $1.5bn this year, while Google took in $23.7bn last year.

for Tobi! nice analogy between the threat and the fast responding in human network

Yet another example of "because scientifically accurate title would sound sooo boring".

how easy is it to implement such a like button on our websites? Fairouz could you have a look at it?

Some introspection's always good...

unfortunately the original article is subscription only "Among the evidence the article cites for this conclusion is Google's recent hiring of Brian Holtz and Dave Bettinger. Both came from companies (O3b and VT iDirect respectively) that specialize in communication satellites. Google has also invested in O3b and a current Google employee sits on company's board. A Boeing representative told The Information that Facebook and Google are "beginning to show a broader interest in satellite technology." While both companies are looking to space to broaden their reach, the ad-supported Google has the potential resources (cash) and gumption to actually follow through in the immediate future."

According to the company's data team, in 2008 the average amount of separation between any two given people on the network was 5.28 steps. Just three years later, it's 4.74.

Some sort of organic carbon has been detected by the sampling of Curiosity; the contamination source was isolated and the signal persists. The scientists suggest as a source meteorites transporting interstellar matter, or maybe some sort of ancient life whose biomass production only survived cosmic radiation as it was buried underground. a big deal: six relevant articles were published simultaneously online: http://www.sciencemag.org/site/extra/curiosity/index.xhtml?utm_content=&utm_medium=Facebook&utm_campaign=Science&utm_source=shortener

Interesting - apparently in the future (already in the US) you dont have to have someones address to send them presents, cards or goods. All you need is to be friends with them on facebook!!!

"This means that tweets about Lady Gaga's lingerie can help someone debugging Perl code. (Or a tweet about Perl code may help Lady Gaga's underwear stylist.) "

One of the authors of the STL (C++'s Standard Template Library) explains generic programming and slams Java.

"I'd rather not even *think* about developing a web application/webservice/web-whatever in standard C++... is it actually possible?? Perhaps with some weird Microsoft solutions... I bet your bank online services are written in Java. Certainly not in PHP+MySQL :)" Doing in C++ would be awesomely crazy, I agree :) But as I see it there are lots of huge websites that operate on PHP, see for instance Facebook. For the banks and the enterprise market, as a general rule I tend to take with a grain of salt whatever spin comes out from them; in the end behind every corporate IT decision there is a little smurf just trying to survive and have the back covered :) As they used to say in the old times, "No one ever got fired for buying IBM". "Industry has chosen Java not because of industrial-corporate marketing bullshit, but because of economics... it enables you develop robustly, reliably, error-prone, modular, well integrated etc... software. And the costs? Well, using java technologies you can set-up enterprise-quality web application servers, get a fully featured development environment (which is better than ANY C/C++/whatever development environment I've EVER seen) at the cost of exactly 0 (zero!) USD/GBP/EUR... Since many years now, the central issue in software development is not implementing algorithms, it's building applications. And that's where Java outperforms many other technologies." Apart from the IDE considerations (on which I cannot comment, since I'm not a IDE user myself), I do not see how Java beats the competition in this regard (again, Python and the huge software ecosystem surrounding it). My impression is that Java's success is mostly due to Sun pushing it like there is no tomorrow and bundling it with their hardware business.

OK, I think there is a bit of everything, wrong and right, but you have to acknowledge that Python is not always the simplest. For info, Facebook uses Java (if you upload picture for instance), and PHP is very limited. So definitely, in company, engineers like you and me select the language, it is not a marketing or political thing. And in the case of fb, they come up with the conclusion that PHP, and Java don't do everything but complement each other. As you say Python as many things around, but it might be too much for simple applications. Otherwise, I would seriously be interested by a study of how to implement a Python-like system on-board spacecrafts and what are the advantages over mixing C, Ada and Java.

tsk tsk typical ex-ACT criticism.. Maybe for me too from next week;P

WRONG! You ignore the fact that I complained already while I was yet in the ACT!! Seriously: I clicked around in "ResearchGate" a little bit, couldn't find too many interesting things. Many scientists from India, Iran etc. desperately looking for contacts, retired engineers/scientists from industry that now remember that they were once at university and also quite a number of semi-crackpots. My honest conclusion: not a must. Btw: wish you a nice post-ACT depression! Keep a stiff upper lip, esp. in case you go back to Greece...