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Today, Google and their partners like HSBC gave $60 million to help place an order for 16 low-orbit Thales Alenia satellites to help improve the infrastructure of developing markets such as Africa.  3 billion people in the world are without internet access, and Google and their partners hope to deliver it to them.  A total of $150-$180m is required by O3B networks (other 3 billion) to establish the satellites.  O3B is the company that will be launching the satellites and managing the initiative.

The company also has plans to convert mobile phone towers into multipurpose high-speed network nodes, which when complete is estimated to cost $750m all told. Google says it will help drop the price of broadband by up to 95% in some places where it’s a rare commodity.

The satellites won’t be launching until 2010, so look for news to break about the companies dishing out the remaining $100m + to launch the satellites from now ’til then.

Source:  slashdot

Today marks the seventh anniversary of the 9/11 terrorist attacks, first ever such attacks on U.S. soil in American history.  Being so close to Manhattan ourselves, the attacks have hit close to home for us.  We’ve seen close friends’ family members being taken away in a way we never thought possible.  “Time heals all wounds” may be true for most things, but this is beyond anything the U.S. or its citizens have ever faced.

We have come out of it a stronger country, but 8:46 a.m. on September 11th, 2001 marks a time where entire United States fell to its knees in pain.  However, on that same day, leaders in the FDNY and NYPD emerged and helped save many lives and bring stability back to Manhattan.  Without their efforts and sacrifices, we could have lost more than the 2,700 lives we did in the WTC attacks.  We salute the FDNY and NYPD for their efforts and remember the firefighters that risked their lives to save others.

Please take a moment of silence for the nearly 3,000 people we lost on September 11th, 2001.

With the poster boy of the Beijing Olympics last month saying that he might be done with competing in the Olympics, what’s next for Michael Phelps?  When he tied Mark Spitz’s record of seven gold medals in one Olympic game, he was rewarded a $1 million bonus by Speedo, a company that he’s been signed with since he was 16. (more…)

For the past 20 years, a brutal civil war has devastated Northern Uganda. Thousands of child victims of the conflict are now emerging with no home or family awaiting them. They have been labeled the lost generation.  Recent struggles in Sudan and Rwanda have captured countless news coverage and pledged donations, yet, the country in the middle has suffered.   “Doctors Without Borders” recently named the conflict occurring in Northern Uganda as one of the top 10 must under reported Humanitarian tragedies in 2005.

That’s all about to change we hope.  The Gentlemen’s Fund, Citi, and Forest Whitaker have partnered with Hope North to take action. (more…)

Earlier today, President Bush made a statement in regards to the Russia Georgia conflict at White House.  He urged Russia to pull back from the invasion and cease fire.  They have gone against that request and the U.S. is going to send U.S. troops to aid Georgia. (more…)