Tag: Philanthropy
Facebook adds a ‘Payout Time Bonus’ to help retain bug bounty hunters
When it comes to bug bounties, Facebook lags behind the likes of Microsoft and Google in terms of overall payouts and volume of tips received: last year, Microsoft and Google respectively paid out $13.6 million and $6.7 million; Facebook meanwhile paid out just $1.98 million as of November. But on…
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Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund
Vitalik Buterin, the creator of Ethereum, on Wednesday donated Ethereum and “meme coins” worth $1.5 billion in one of the largest-ever individual philanthropy efforts. Buterin transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion at the time of transaction, to the India…
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Emergence Capital co-founder Jason Green on transitioning out of the firm, and what’s next
Succession is a major issue for many venture firms. Institutional investors, founders — even reporters — often get attached to senior members of a team, and when one of those individuals decides to hang up his or her cleats, it can be tricky for the rest of the partnership. For…
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Chinese hardware makers turn to crowdfunding as they look to go global
China’s tech giants have had a rough time in Western markets over the last few years. Huawei and DJI have been hit by trade restrictions, while TikTok and WeChat are threatened with their apps being banned in the U.S. Overall, Chinese companies with an overseas footprint are increasingly wary of…
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Microsoft PAC blacklists election objectors and shifts lobbying weight towards progressive organizations
After “pausing” political giving to any politician who voted to overturn the 2020 election, Microsoft has clarified changes to the lobbying policy of its employee-funded PAC, doubling down on its original intention and changing gears with an eye toward funding impactful organizations. Microsoft, along with most other major companies in…
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Big tech should create a national service program to make the US more united
Kevin Frazier Contributor Kevin Frazier, a Masters of Public Policy student at the Harvard Kennedy School and JD candidate at the UC Berkeley School of Law, uses his spare time to advocate for better government. More posts by this contributor COVID-19 shows we need Universal Basic Internet now Facebook posts…
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