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Masdar is Abu Dhabi's multidimensional, multi-billion dollar response to the global need for alternative sources of energy. Masdar is not pursuing alternative energy in competition with conventional sources of energy. Its work complements Abu Dhabi's leadership in the oil and gas sector. We have prospered in the era of conventional energy; we have learnt from it and know how to build on it.

Abu Dhabi Future Energy Company, aka Masdar, plans to fund research and development of a variety of alternative energy technologies, foster the businesses that create them, and use the emirate's financial clout to make these expensive ideas economical, according to the Financial Times.

Google's first open source play, OpenSocial, is an interoperable toolkit for building social networking apps. It aims to make the lives of widget and app developers a little easier. At the same time it lets Google indirectly challenge its major social networking competitor: Facebook.

The other open project, which comprises a group of handset makers, carriers and silicon manufacturers, is dubbed the Open Handset Alliance. It centers around a new, Linux-based mobile operating system for smartphones, called Android. It's Google's long-awaited play for the mobile space.

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