The whole prinicipal of the move is to create Euorpe’s largest technology hub of innovation right next to the Olympic stadium in the East End of London. Along with the Google and Facebook investment, rumours have been spreading that there are also more companies seeking to invest in the multi billion project which is due to start once the Olypmic Games have passed.
At a conference today, David Cameron said: “Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make East London one of the world’s great technology centres.”
Hearing the speech made by Mr Cameron, the Vice President or Facebook, Joanna Shields said she was happy with things so far, as it “will give start ups and innovators in the UK a home to realise their ambitions as part of the London 2012 Olympics legacy”.
The other companies who are looking to take part in the dubbed “Silicon Fen” are Cisco Syetems, British Telecom and Intel Inc.Mr Cameron finshed off his statement with: “I want to encourage the sort of creative innovation that exists in America.”
This all sounds like a good few steps forward in bringing the UK up to speed with the rest of the world, but it also makes me think it may have played a major part in the decission not to put Google in the European Courts for breach of the Data Protection Act when they took thousands of personal details from PC’s whilst taking images for their Google Street Maps?











