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“Ultimately, we believe that advancement in cloud computing technology will be driven by open source initiatives where large communities of engineers can collaborate and develop new code for the new applications and demands posed by the cloud model,” says Shelton Shugar, SVP Cloud Computing at Yahoo!

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Gross domestic product is an insufficient standard for determining economic health and should be expanded to include measures of sustainability and human well-being, a commission of leading economists said in a report presented to President Nicolas Sarkozy of France on Monday. —Commission Calls for New Economic Yardstick – NYTimes.com [via A Smarter Planet]

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