Facebook CEO Mark Zuckerberg and wife Priscilla Chan posted an open letter to their new baby daughter, Max, explaining why they plan to give away 99 percent of their Facebook shares — worth about US$45 billion currently — to philanthropic causes. The couple intend to make the donations gradually over the course of their lives. “Technological progress in every field means your life should be dramatically better than ours today,” they wrote. “We will do our part to make this happen not only because we love you, but also because we have a moral responsibility to all children in the next generation. … “Our society has an obligation to invest now to improve the lives of all those coming into this world, not just those already here.”
- Zuckerberg and Chan Pledge Billions to Charity in Love Letter to Baby [Ecommerce Times]
Other Headline News…
- AI PROGRAM BEATS HUMANS ON COLLEGE ACCEPTANCE TEST [Nextgoc]
AI software is now smart enough to go to college. For the first time, a Japanese artificial intelligence program has scored above average on a national standardized college entry exam, performing well enough to have an 80 percent likelihood of getting into 33 national universities.
- Feds Revising Wary Stance on Self-Driving Cars [NewsFactor]
Federal transportation officials are rethinking their position on self-driving cars with an eye toward getting the emerging technology into the public’s hands, according to a spokeswoman for the U.S. Department of Transportation. Transportation Secretary Anthony Foxx ordered his department’s National Highway Traffic Safety Administration update its more cautious 2013 policy, “to reflect today’s technology and his sense of urgency to bring innovation to our roads that will make them safer.”
in Information Security News…
- VTech Data Breach Affects 5 Million User Accounts [NewsFactor]
Chinese electronic toy maker VTech, has been hacked, revealing the information of 5 million customers. The company’s customer database holds customer names, e-mail addresses, passwords, secret questions and answers for password retrieval, IP addresses, mailing addresses and download histories. The database also contains kids’ information, including names, genders and birth dates.
- Google Accused of Spying on Kids via Chromebooks [NewsFactor]
The Electronic Frontier Foundation (EFF) has filed a complaint and is asking the Federal Trade Commission (FTC) to investigate Google for its alleged collection of personal data from school children using Google’s Chromebooks in classrooms. The group alleges that the data collected by Google for Education violates several terms of a Student Privacy Pledge signed by Google in January.
and in Tech Industry news…
- BlackBerry to Pull Out of Pakistan on Privacy Grounds [Ecommerce Times]
Blackberry is pulling out of Pakistan. The Pakistani government wanted to monitor network traffic on Blackberry services, so the company was faced with the decision to cooperate or close.
- Updated Chrome for Android Can Cut Your Data Use by 70% [NewsFactor]
Google has enhanced its technology used in Chrome browser for Android to reduce data consumption on mobile devices by up to 70 percent. The Data Saver mode in the new Chrome for Andoid removes most images when Web pages are loading if it finds that the users are on slower connections. After the pages load, the users can tap their screens to display all the images or just those they want to see.