The important things you need to know about the advancement in technology.

  • Word-the-relevancy-of-technologyArea 120 is a new division created by Google to help its employees build and develop their own start-ups. All the teams within the organization can submit their business plan and application to join Area 120.
    London fintech unicorn Powa has been rumoured to be in crisis. It is also rumoured that the present CEO has not agreed to step aside in order to save the organization.
    The US Department of Justice has received the passcode for a New York drug from an unrevealed source and it does not require Apple’s help to unlock iPhone.
    Both Google and Microsoft has decided to withdraw all the existing regulatory complaints.
    A new video created by a game executive on a recruitment slideshow has gone viral, and it says how coding is a calling and it can never be like work.
    Facebook has added a new feature which enables the users to turn off live video notifications. It is being featured under the settings menu.
    There has been close to 40% hike on the AMD shares on Friday after there was an announcement of IP licensing agreement.
    Amazon has limited the availability of popular video games and movies to their prime members only. Non-members are restricted to access or buying of them ( including Grand Theft Auto V)

Widespread reaction to Zuckerberg’s decision for charity

Mark-Zuckerberg1Facebook founder and CEO announced that he is planning to give away 99% of his Facebook shares for promoting equality and also to advance human potential. It was not well taken by people around the world and there were several camps.

Buzz Feed was of the opinion that Chan Zuckerberg Initiative to which they are planning to donate is a corporation (LLC) and is not really a non-profit charity organization. It also pointed out that the money would not be utilized just on charitable causes but on private investments which will create lobbying and advocacy work too. Many social critics call the giveaway structure to be evidently flawed even though the depth of flaw cannot be fathomed. There is also a possibility that, as most of the non-profit organizations are created at first as corporations and only then is it changed to the purpose of charity. So even this LLC may have a chance of getting converted into future. Another group is of the opinion that all the money is being given away to the causes and events which Zuckerberg would think is necessary to change and better the world which may not be the real problem with the world. Some others say how most charity organizations do not bring any help or change to the society. Even though most of the times the intentions are good, there has been no great help that has come out of it and sometimes it has been even destructive or neutral. These people are of the opinion that the most helpful way to better the world would be to invest the money onto organizations and people who are already in the field as they would be well experienced in this forte and area and would be able to do something beneficial.