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Facebook The Almighty Buck

Mark Zuckerberg Gives $990 Million To Charity 230

mrspoonsi writes with this excerpt from Business Insider: "This morning, Mark Zuckerberg announced plans to give 18 million Facebook shares to charity by the end of the month. Facebook is currently trading at $55 per share, so Zuckerberg's gift is worth just under $1 billion. The money will go toward Zuckerberg's foundation, the Silicon Valley Community Foundation and The Breakthrough Prize In Life Science, a [Nobel] Prize-like award. Zuckereberg is giving his shares away as part of a secondary stock offering from Facebook. Reuters says Zuckerberg will sell 41.4 million shares, reducing his voting power in the company from 58.8% to 56.1%. Other insiders selling include board member Marc Andreessen, who will sell 1.65 million shares. Facebook is selling 27 million."
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Mark Zuckerberg Gives $990 Million To Charity

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  • by Pseudonym Authority ( 1591027 ) on Thursday December 19, 2013 @01:09PM (#45737547)
    Usually the complain is that they give away MS software licenses. The conspiracy there being that they'll be hooked and once they move beyond soul crushing poverty they'll pay for the software. And that's disgusting when he should be giving out free IBM and RedHat contracts so that those vendors will be contractors when the children stop having to eat dirt to keep the hunger pangs away. The other big complaint I've seen is that they've invested in a refinery or something. As we all know, oil companies are evil and the last thing Africa needs is more local industry.

    Basically, the problem is that he's Bill Gates, and that's a bad thing. Every dollar M$ made is tainted blood money. They made Dell pay a site license for Windows installation! Have you forgotten the burned villages of the Browser Wars? Remember that time they sent anthrax to that Linux User's Group? We are all victims. No amount of malaria vaccinations and AIDS research and all that other shit could ever atone for such depraved crimes.

The moon is made of green cheese. -- John Heywood

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