This is the price you have to pay, or as some call it investing in the future. Facebook apparently is eating a million dollar a month on electricity bills and half million on bandwidth consumption . That is massive. I guess its time to host their stuff someplace else, maybe at Amazon AWS? Lets hope the Dubai lords are also smitten by the social bug. Obviously the environmental discussion will follow soon when I write about the dangers of not just the effects on the economic meltdown but also the meltdown of the data centers as we keep uploading pictures of beers and bras ( See Nick's post here ) on Facebook. I sometimes really wonder how useful Facebook really is, talk about oversubscription. Let's not call electricity a bitch,we just have to get real. These are pragmatic times and money isn't coming easy this time. This week, the TechCruncher has reported, Facebook chief financial officer Gideon Yu is in Dubai, "possibly" discussing fund raising options with Du...
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