As investigations continue into Russian meddling in the 2016 U.S. elections — and the use of Facebook and Twitter to help facilitate it — now there’s a report that Kremlin money helped back the two social media companies through investments by Yuri Milner.It’s well-known that the Russian investor has helped bankroll tech’s big social media companies and many other well-known companies, such as Airbnb, Zynga, Groupon, 23andMe and more.Milner has hit back at a report over the weekend by the New York Times that says DST Global, his investment company — which has since sold its investments in Facebook and Twitter — got backing from institutions controlled by the Russian government.Get tech news in your inbox weekday mornings.Sign up for the free Good Morning Silicon Valley newsletter.“A few years ago, when I settled with my family in Silicon Valley, I found a community that didn’t care where you came from, only who you were and what you had to offer,” Milner said in an open statement, which was published by Recode.
has announced that it’s expanding its productivity-focused task-management application beyond English as it looks to capitalize on its growing popularity in Europe.Asana is making its interface available in French and German for now, followed by Spanish and Portuguese in early 2018, as the company ramps up its localization efforts based on feedback it has received: People, it seems, prefer to work in their native languages.It’s hard discussing task-management startup Asana without mentioning its founders — Dustin Moskovitz and Justin Rosenstein — early in the conversation.You see, Moskovitz cofounded a social network called Facebook alongside Mark Zuckerberg (and others) back in 2004.Rosenstein, who was instrumental in the development of early Google products such as Gmail chat, lays claim to having co-created the “Like” button when he joined Facebook as engineering lead in 2007.Asana is a different proposition than Facebook, but the company’s two founders believe that the opportunity Asana presents is comparable.
Facebook’s success has led to gentrification and hardship in some towns close to its Menlo Park headquarters.So while the Chan Zuckerberg Initiative has committed more than $45 billion to solving health and education problems worldwide, today it’s strengthening its hyper-local philanthropy.The new CZI Community Fund will provide $25,000 to $100,000 grants to nonprofits and nonprofit or municipality-backed organizations working to improve education, housing, homelessness, immigration, transportation and workforce development in Belle Haven, East Palo Alto, North Fair Oaks and Redwood City, California.For reference, the average rent in East Palo Alto just two miles from Facebook HQ went up 24 percent in the past year alone.We love our community and are so proud to be raising our two daughters here,” writes CZI co-founder Priscilla Chan, Mark Zuckerberg’s wife.“But listening to the stories from our local leaders and neighbors, there is still a lot of work to do.”
Mark Zuckerberg has committed $45 million from his philanthropy organization, the Chan Zuckerberg Initiative (CZI), to help curb mass incarceration and improve affordable housing options in American urban centers, according to a report today from Vice News.The issues mark some of the first causes Zuckerberg and his wife Priscilla Chan have targeted through political means, including donations and ballot support, beyond Facebook’s role in the immigration debate with the industry lobbying group FWD.us.For now, the money is mainly being used to help pass ballot measures and lobby with local officials around the country, in areas like reforming sentencing laws and preventing those under the age of 18 from being charged as adults.In the housing sector, CZI is investing heavily in reforming Facebook’s home state of California — specifically the Bay Area, where the company’s headquarters is located.Facebook and other tech companies have come under fire in recent years for turning the Bay Area housing market upside down, to the point where not even their cafeteria workers, security guards, and other maintenance staff can afford to live on or anywhere near the peninsula.CZI is now supporting supporting academic research at UC Berkeley, funding startups looking at affordable housing solutions, and backing local ballot measures and state housing packages.
Mark Zuckerberg, the 33-year-old founder and CEO of Facebook, has a net worth of $74 billion and counting.He's currently the fifth richest person in the world, according to Bloomberg's Billionaires Index, but it seems he doesn't have a taste for opulence.Especially when it comes to cars, clothes, and travel.As a member of the Giving Pledge and cofounder of the Chan Zuckerberg Initiative, the Harvard dropout has dedicated much of his current and future fortune to charitable causes.In May 2012, eight years after its founding, Facebook debuted on the New York Stock Exchange.Each year since then, Zuckerberg has added an average of $9 billion to his net worth.
It was in december 2015 such as Mark Zuckerberg and his wife Priscilla Chan founded Chan, Zuckerberg's Initiative that aims to cure all human diseases within 100 years.And if you believe Facebookgrundaren is a piece of the puzzle on the KTH.In the week, it is clear that Chan, Zuckerberg's Initiative has awarded a research grant to KTH and Scilifelab research projects "Integration of single cell genomics and spatial proteomics".Read more: No sour cream for the Zuckerberg's – and therefore his luxury shares slammedBehind the project, the researchers Emma Lundberg, Mathias Uhlén, Jan Mulder, Adil Mardinoglu and Fredrik Pontén.”We'll work with you to integrate new technologies such as so-called single-cell RNA-sequencing, and high multiplex imaging technologies for spatial data that are already available in the Human Protein Atlas.
Emma Lundberg and her colleagues at the Human Protein Atlas project has received research funding of Chan, Zuckerberg's Initiative.the Physician Priscilla Chan and her husband, Facebookgrundaren Mark Zuckerberg, is behind Chan, Zuckerberg's Initiative where the goal is that all diseases will be extinct in 100 years.One of the initiatives is The Human Cell Atlas, where all the body's cells to be mapped.Now has two Swedish research projects have been funded by the organisation, selected as two of the 38 pilot projects around the world.It is absolutely a merit.And it is not easy to get the money to kartläggningsforskning, it tends to be more to hypothesis-driven research, " says Emma Lundberg, associate professor at KTH and co-workers in the Human Protein Atlas project, conducted at the Science for life laboratory.
Mark Zuckerberg wanted Facebook employees to work on projects for his philanthropic fund, The Chan Zuckerberg Initiative, but was forced to abandon the idea early last year after opposition from senior executives.After opposing the idea during the meeting, board member Marc Andreessen later told Zuckerberg in a text message that, "Several of your senior staff think this [entanglement of CZI and Facebook] is a big mistake and wish you would stop but don’t want to challenge you."At the heart of the lawsuit was The Chan Zuckerberg Initiative, which Zuckerberg founded with his wife Priscilla Chan in late 2015 as a way to give away 99% of their roughly $70 billion fortune.Facebook abruptly abandoned the stock restructuring plan last week on the eve of trial, effectively ending the lawsuit and saving Zuckerberg from having to testify in open court.Zuckerberg still plans to pour up to $12 billion of his Facebook stock over the next 18 months into the philanthropic fund, which is operated independently from Facebook with its own staff."Andreessen strongly disagreed with that suggestion and expressed the view that the two organizations should remain separate," the filing reads.
Facebook chief executive Mark Zuckerberg has withdrawn plans to reclassify the company’s stock in order to retain full control while funding his philanthropy, settling a major class-action lawsuit with shareholders.Instead, the tech founder intends to accelerate the sales of shares to fund the philanthropic projects outlined in the Chan Zuckerberg initiative - a limited liability company founded by Zuckerberg and his wife, Priscilla Chan, to “advance human potential” and “promote equality”.In a Facebook post announcing the new plan, Zuckerberg said he anticipates “selling 35-75 million Facebook shares in the next 18 months to fund our work in education, science, and advocacy.” At today’s price of around $170, that represents roughly $6bn to $13bn.The founder’s former plan to reclassify stock to fund this philanthropy was challenged by shareholders.The plan, first announced in April 2016 as part of its earnings release, would mean that people could buy into Facebook with what’s called “Class C” stock - that gives them no voting rights.The restructure would allow Zuckerberg to make acquisitions without much resistance from investors, while letting Facebook “resist the short term pressures that often hurt companies,” he wrote.
board of directors announced Friday that the stock-reclassification proposed by the company last April has been withdrawn.reported its earnings for the first quarter of 2016, it also announced that its board approved a proposal to create a new class of non-voting capital stock, class-C capital stock, adding that if its proposal was approved, it would issue two class-C shares as a one-time dividend for each outstanding class-A and class-B share of common stock.Mark Zuckerberg said at the time, “I’ll be able to keep founder control of Facebook so we can continue to build for the long term, and [wife Priscilla Chan] and I will be able to give our money to fund important work sooner.Right now, there are amazing scientists, educators and doctors around the world doing incredible work.We want to help them make a bigger difference today, not 30 or 40 years down the road.”Zuckerberg explained the reversal in a Facebook post Friday, saying in part, “Over the past year-and-a-half, Facebook’s business has performed well, and the value of our stock has grown to the point that I can fully fund our philanthropy and retain voting control of Facebook for 20 years or more.
(Reuters) — Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth.Zuckerberg on Friday said that he could meet the charity pledge and maintain voting control of Facebook without the change.Zuckerberg said in a post on Facebook that the company’s stock had performed well enough that he could fund his philanthropy by selling stock for at least 20 years and still retain voting control of the company.In December 2015 Zuckerberg and his wife, Priscilla Chan, a pediatrician, pledged to give away 99 percent of their Facebook shares to charity.According to court records, Zuckerberg owns more than 400 million shares of Facebook.That would value his holdings at a minimum of $68.2 billion, based on the company’s closing share on Friday of $170.54.
So Mark Zuckerberg is philanthropy’s newest superhero, his recent act of giving as awe-inspiring as the phenomenal wealth created by his transformational social media enterprise, Facebook.This week Zuckerberg, 31, and his wife Priscilla Chan pledged to give away 99% of their Facebook shares to charity during their lifetime.In terms of current valuation, that’s a breathtaking $45 billion worth of stock.Zuckerberg made the big bang announcement in a moving Facebook post addressed to his new-born daughter Max, where he said that they were committing this amount towards the mission of “advancing human potential and promoting equality” and because they wished to “leave the world a better place for you and all children”.Clearly, Zuckerberg has raced ahead into the vanguard of the breed of “philanthrocapitalists” such as Bill Gates, Warren Buffet, Larry Page, Sergey Brin et al – those super achievers with a big heart, individuals who amass vast amounts of capital and then use it to launch philanthropy on an equally mammoth scale.All this makes me wonder if India will ever throw up a Zuckerberg – if not Zuckerberg the tech pioneer, at least, Zuckerberg the “giver” who wants to share the largest part of his wealth to create a better world.India as a whole is not a particularly charitable country.Witness the 2015 World Giving Index (WGI), an annual report published by the Charities Aid Foundation, which uses data by Gallup.It ranks India 106 among 145 countries on the generosity scale.It is behind Sri Lanka (8), Nepal (76), Pakistan (94) and Bangladesh (95).
Saying “today is a sad day for our country,” Mark Zuckerberg, one of the tech industry’s most vocal advocates for “Dreamers,” reacted quickly to the Trump administration’s announcement Tuesday morning that it is ending DACA.“The decision to end DACA is not just wrong,” the Facebook CEO said in a post.“It is particularly cruel to offer young people the American Dream, encourage them to come out of the shadows and trust our government, and then punish them for it.”Zuckerberg, who co-founded FWD.us, an immigration lobbying group, has long expressed his support for Dreamers, also known as undocumented immigrants who were brought to this country as children.Among other things, he and his wife, Priscilla Chan, have contributed $5 million to a scholarship fund to help Dreamers with college.Get tech news in your inbox weekday mornings.
If you were the CEO of a social network behemoth that boasted 2 billion monthly average users, would you fix it so nobody could block you and your wife?That’s the claim some Facebook users directed at Mark Zuckerberg and his wife Priscilla Chan when they found the function didn’t work on the pair, but the actual reason has nothing to do with ego.It was way back at the start of the year when reports began emerging of an inability to block Zuckerberg.Doing so asks users to confirm their decision, warning that the CEO will no longer be able to start conversations or add you as a friend, which, let’s face it, was pretty unlikely to happen.But the next popup simply explains that “This profile can’t be blocked for now.”It was later discovered that attempting to block Zuckerberg’s spouse, Priscilla Chan, is met with the same lack of success.
Imagine someone offered you a $250,000 scholarship for a video you made in biology class on osmosis.That's the basic premise of the Breakthrough Junior Challenge, a competition for students aged 13 to 18 around the world.Students must make a video, up to 3 minutes in length, explaining a concept in math, physics or life sciences."The Breakthrough Junior Challenge gives young people a chance to share their knowledge of math and science in a fun and creative way," said Priscilla Chan, co-founder of the Chan Zuckerberg Initiative, in a statement Thursday.The challenge is funded in part of by the Initiative, which Chan started with husband Mark Zuckerberg, founder and CEO of Facebook."Every student involved helps us build a movement towards a better future for science," she added.
Mark Zuckerberg and Priscilla Chan have told their newborn daughter to spend her childhood outside, eschewing the modern trend of children staying inside to play with technology such as Facebook.In an open letter to their daughter, who the couple have named August, they talked about the importance of "making time to go outside and play".The effusive message from Chan and Zuckerberg, who is the founder of the world's most popular social network, told August to smell flowers and play with leaves."The world can be a serious place," said Zuckerberg and Chan."You will be busy when you're older, so I hope you take time to smell all the flowers and put all the leaves you want in your bucket now."Mark Zuckerberg's career in 90 seconds
Facebook CEO Mark Zuckerberg and his wife Dr Priscilla Chan welcomed their second daughter with a touching open letter on childhood.The proud couple aptly named their baby girl August and posted a sweet photo of their family in a Facebook post on Monday (28 August).Like they did with their first daughter, Maxima, the couple penned an open letter to August saying: "You only get to be a child once, so don't spend it worrying too much about the future."You only get to be a child once, so don't spend it worrying too much about the future.Shortly after Max was born in November 2015, they announced the creation of the Chan Zuckerberg Initiative in an open letter to their newborn and pledged to donate 99% of their Facebook shares during their lifetimes to "advance human potential and promote equality"."When your sister was born, we wrote a letter about the world we hoped she and now you will grow up in - a world with better education, fewer diseases, stronger communities, and greater equality," Zuckerberg wrote in the post.
Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, on Monday announced the birth of their second daughter.Zuckerberg and Chan’s first daughter, Max, was born in 2015.The fund, which is backed by Zuckerberg’s Facebook fortune, hopes to cure the world’s diseases by the end of this century.Your mom and I are so excited to see who you will become.When your sister was born, we wrote a letter about the world we hoped she and now you will grow up in — a world with better education, fewer diseases, stronger communities, and greater equality.Even though headlines often focus on what’s wrong, we still believe these positive trends will win out.
Mark Zuckerberg and Priscilla Chan have welcomed their second daughter into the world, and her name is August.Before you ask, it’s unclear if she was named August because she was born in August.(But I highly doubt it.)In usual Zuck fashion, the Facebook CEO and founder posted the announcement to Facebook along with a letter from him and his wife to the new baby girl.Zuckerberg and Chan had their first daughter, Max, in December 2015.They pledged to give away 99 percent of their shares to “advance human potential and promote equality for all children in the next generation.” At the time, Zuck’s shares were worth around $45 billion.
And then there were two -- two daughters, that is -- born to Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan.Baby girl August was born August 2017, according to Zuckerberg's Facebook post Monday.As they did with their first daughter, Maxima, nicknamed "Max," the couple wrote an open letter to their daughter that they shared with the rest of the world.That first letter, posted Dec. 1, 2015, talked about the need to "advance human potential" and "promote equality," and announced the pair would donate 99 percent of their Facebook shares to the Chan Zuckerberg Initiative, initially focused on "personalized learning, curing disease, connecting people and building strong communities."They say parents learn what not to do for their second baby, which may explain why Monday's post urges August to "make time to go outside and play."I hope you read your favorite Dr. Seuss books so many times you start inventing your own stories about the Vipper of Vipp.