The writing has been on the virtual wall for some time, but it's official: mashup pioneer Platial (our Platial profile) is shutting down. Former CEO Di-Ann Eisnor cites server costs of $7,000 per month in an interview with GigaOm.
The Defense Advanced Research Projects Agency (DARPA) last week ran a competition that involved identifying the location of 10 fixed red balloons throughout the United States. It was an exercise designed to see how people can self-organize on the Internet and how information disseminates through social and viral networks. It was won by MIT, taking just 9 hours to find 10 red balloons placed all over the United States.