World News Insights
1-3 Minute Gist

All Topics Article

Facebook Aims to Drive Down Tech Prices to Expand Its Reach

New York Times Original article ›

Keywords:

LyrArc Article Gist
Enabling access to broadband to millions of people in developing countries that lack this access is the next goal for Facebook. Facebook embraced open source software and it is relying on open source technology, including its own as open source, as a way to reduce the cost of building and operating the world's telecommunication networks- an operation that costs $150 billion a year. This will put pressure on telecommunications providers such as Ericsson to cut costs. Nokia has joined Facebook in the Telecom Infra Project or TIP, a Facebook initiated group that has set as its goal cutting telecom costs. Some of this is to be seen at Facebook developers' conference with open source efforts such as urban wireless network that checks performance 125,000 times a second, and a long range wireless system that can send a gigabit of data a second, according to Facebook.

Facebook strategies

09/23/2011

Grouped Articles

Big Profit at Facebook as It Tilts to Mobile

New York Times 01/29/2014

Is Facebook Ready for the Big Time?

Wall Street Journal 01/14/2012

The Future of Facebook May Not Say ‘Facebook’

New York Times 04/16/2014

Facebook Results Surge as Ad Revenue Keeps Climbing

Wall Street Journal 04/24/2014

Facebook Advertises Its Strength

Wall Street Journal 04/24/2014

World Isn't Yet Facebook's Oyster

Wall Street Journal 07/24/2014

Facebook's acquisition of virtual reality company Oculus VR in 2014

03/25/2014

Grouped Articles

Facebook to Buy Virtual Reality Firm Oculus for $2 Billion

Wall Street Journal 03/26/2014

Facebook in $2 Billion Deal for Virtual Reality Company

New York Times 03/25/2014

Facebook Aims to Drive Down Tech Prices to Expand Its Reach

New York Times 04/24/2016


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us