MIT Media Lab Europe: An Obituary

David R writes "Media Lab Europe, offspring of the famous MIT Media Lab, is closing its doors forever, as announced today. The corporate funding strategy hasn't worked out. Strangled by the stopped river of Irish government funding, the lab ceases its operations. Having worked there for quite some time, I can give you the gory details and a lot of background on MLE's closure. It has sure been the fanciest, geekiest and most open work, research and play environment I've seen. The moral? I think it is questionable whether basic or visionary, interdisciplinary (and often badly evaluated) research will be funded by private corporations. But secondly, European companies need a culture of sponsorship, which has existed in America for a long time."