Feeds

Greatest Living Briton loses £30m

404: Semantic Web institute not found

Intelligent flash storage arrays

The 'Institute of Web Science' is another casualty of the UK's spending cuts.

The £30m institute was announced only two months ago in Labour's drunken pre-election cash splurge.

The Greatest Living Briton, Sir Timothy Berners-Lee, was appointed to lead it, with backing from Southampton University - the Harlem Globetrotters of getting grants for webtastic wankery of dubious intellectual merit and zero commercial potential.

Alas, along with education IT quango Becta the IWS was axed yesterday in the Treasury's first round of cuts. The Department for Business, Innovation and Skills said that web science was now a "low priority", a reasonable statement since the 'semantic web' has very little to do with business, innovation or skills. The Department pointed out money was still being thrown at it via Research Councils.

So what odds do you give that the British Library's demented exercise to record and archive every tweet and ROFL ever uttered on a web forum, will be next?

One can but hope.

The UK's public sector spending has doubled since 2001 to £704bn, leaving the nation £156bn short. It was almost entirely spent on white collar boondoggles; capital items such as hospitals were PFI, and off balance sheet. And try and find a nurse or a postie who is twice as well off. ®

Internet Security Threat Report 2014

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Free virtual appliance for wire data analytics
The ExtraHop Discovery Edition is a free virtual appliance will help you to discover the performance of your applications across the network, web, VDI, database, and storage tiers.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.