Facebook and Google join forces to launch new £10m 'Nobel prize' for science
The world's two leading internet giants have set aside their rivalries and joined forces to set up the most lucrative science prize in history.
Facebook founder Mark Zuckerberg and his wife Priscilla Chan are working alongside Google co-founder Sergey Brin and his wife Anne Wojcicki to create the Breakthrough Prize in Life Sciences. The project's aim is to reward research aimed at extending human life.
In the first round of awards 11 scientists were awarded a total of $33m but going forward an annual amount of $15m will be set aside for five prize winners. Many of the prizewinners specialise in cell genetics and how this is relates to disease.
Mr Zuckerberg told France 24: "Priscilla and I are honoured to be part of this. We believe the Breakthrough Prize in Life Sciences has the potential to provide a platform for other models of philanthropy, to people everywhere has an opportunity at a better future."
Russian entrepreneur Yuri Milner asked the group to create the award after deciding to model a prize on a physics award he set up in 2012. To top the line-up of internet greats behind the prize, Apple chairman Art Levinson is heading up the board.
Prize-winner Cornelia Bargmann, 51, said: "I had to sit down for a while, I thought it must be a practical joke.
"The scale of this is so outsized I think it will have a huge impact on the life sciences."
Life & Style blogs
Watching TV after work makes you feel 'guilty and like a failure'
NHS medics are being lured away to Australia by more money, status and sunshine, survey suggests
Xiaomi Mi4: 'Chinese Apple' launches flagship mobile to challenge iPhone
Have sex with your iPad thanks to the new sex toy no-one asked for
Condom couture: Latex dresses hit the catwalk to raise awareness for HIV and Aids
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
A day in the life of Vladimir Putin: The dictator in his labyrinth
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
Malaysia Airlines MH17 crash: victims’ bodies bundled in black bags and loaded onto trains
- 1 Calum Chambers: Southampton's latest example of Generation X-factor
- 2 Crash victims in car flattened by shipping container emerge with just minor injuries
- 3 Students offered grants if they tweet pro-Israeli propaganda
- 4 Exclusive: David Cameron’s Big Society in tatters as charity watchdog launches investigation into claims of Government funding misuse
- 5 Joey Barton and Yossi Benayoun become involved in Twitter row over Israel-Gaza conflict
iJobs Gadgets & Tech
£65000 - £75000 per annum + Benefits: Progressive Recruitment: The client is a...
£40000 - £45000 per annum: Ashdown Group: A well-established software house ba...
£400 - £401 per annum + competitive: Progressive Recruitment: SSIS Administrat...
£25000 - £30000 per annum + competitive: Progressive Recruitment: An ambitious...