Wednesday, October 24, 2007


Microsoft is paying $240 million for a 1.6% stake in Facebook, valuing the 3 year old phenom at $15 billion.

Fantastic news for technology and more fantastic for the future of as Tim O' Reilly calls "the architecture of participation" based Internet applications.

Facebook and the Internet are the flattening elements that make contact and collaboration between people and places easy to afford and in real time. They unleash creativity, break taboos and barriers and give each human being an avenue of self expression which in itself is a great confidence and capability builder.

This should give Indian computer programmers and software developers an impetus to develop new web based platforms and applications rather than be content with being service providers, and encourage the Indian Government to remove controls and restrictions that will impede the growth of the Internet and Information Technology based economy in India.

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