The social media giant's vice president
of Europe, the
Middle East and Africa (EMEA) inspired grunts, groans, sad faces and sighs throughout the publishing industry when she boldly predicted that the site would be «
probably all video» within the
next five
years.
Initially, the foundation will fund a small number
of networks —
probably less than 10 — and over the
next three
years issue additional calls for proposals, eventually funding between 20 and 30 networks, all consisting
of middle and high schools.
``... the amazing exhibition
of oil which has characterized the last twenty
years, and will
probably characterize the
next ten or twenty
years, is nevertheless, not only geologically but historically, a temporary and vanishing phenomenon...» — J.P Lesley, State Geologist
of Pennsylvania (1886), quoted in Standard Oil Company (Indiana): Oil Pioneer
of the
Middle West by Paul Giddens, 1955, p. 2