From the Need for Speed dept.:
A week ago, I let ya'll know that the core PHP team had been brought to Facebook's main campus. That team were forced to sign NDA's, and taken to a very quiet, secluded meeting room where some cool new Facebook-backed open source project was described.

Well, I was able to put all the pieces together on this one, finally, and I now understand exactly what is up: Facebook has rewritten the PHP runtime from scratch. This coming Tuesday, they will make a big announcement around this project, and will make it available as open source software. I'm not really sure of any of the details of the project, but I do know that Facebook hired someone two years ago to do this, and I'm relatively sure this was a one-man project during that entire time.