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Member since: Tue Nov 9, 2004, 11:55 PM
Number of posts: 27,509

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What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"

Source: Says

By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.

Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.


Read more: http://says.com/my/news/what-no-one-is-telling-you-about-mark-zuckerberg-donating-99-of-his-fortune-to-charity

Via http://www.democraticunderground.com/10027403483

VTech Hack Exposes 6.4 Million Children's Profiles

Source: NBC

Electronic toymaker VTech said Tuesday that the hacker or hackers who infiltrated the company's computer systems gained access to data from nearly 6.4 million profiles belonging to children.

The Hong Kong-based firm said the security breach was discovered on Nov. 24, more than a week after it occurred. Hackers were able to access email addresses, passwords, mailing addresses and more, as well as the names and birth dates of some children who used VTech's toys and tablet computers.

Overall, nearly 4.9 million parent accounts were compromised, which were connected to 6.37 million related children's profiles, VTech revealed on Tuesday. The largest number of accounts accessed were created in the U.S. (more than 2.2 million), followed by France (868,650) and the U.K. (560,487).


VTech said Tuesday in a FAQ that it could not confirm a Motherboard report that the hacker obtained children's photos as well as audio and chat logs from VTech's Kid Connect messaging service, because its "investigation is ongoing."


Read more: http://www.nbcnews.com/tech/security/vtech-hack-exposes-6-4-million-childrens-profiles-n472011

Scientists seek ban on editing human-embryo DNA

Source: Reuters

A group of U.S. scientists and activists on Monday called for a global ban on the use of new tools to edit the genes of human embryos, in a report issued a day before a major international meeting in Washington to discuss the ethical and policy issues surrounding the technology.

A technological innovation that can edit out specific stretches of DNA could lead to the genetic modification of children, and should be halted before it starts being used, scientists at the Center for Genetics and Society and the activist group Friends of the Earth argued.


The report was released on the eve of a summit convened by the U.S. National Academy of Sciences and its counterparts from China and the United Kingdom.

In March, a group of scientists led by one key developer of the CRISPR technique called for a voluntary research ban on the use of the technology for germline editing. Shortly after that, Chinese scientists reported carrying out the first experiment to alter the DNA of human embryos.

Read more: http://www.dispatch.com/content/stories/national_world/2015/11/30/ban-sought-on-editing-human-embryo-dna.html

Internet Provider Gagged for Decade Reveals What FBI Wanted Without Warrant

Source: US News & World Report

For years after receiving a national security letter from the FBI, he was an anonymous litigant and unnamed op-ed writer, barred by a gag order from revealing that he had received a warrantless demand for customer information. Now, Nicholas Merrill’s gag order has been lifted in full, and – apparently for the first time – an NSL recipient can speak openly without fear of punishment.

Merrill, owner of now-defunct Calyx Internet Access, provided Internet service to about 200 customers when he received the order in February 2004. He refused to turn over the records of the targeted customer and went to court with American Civil Liberties Union representation.

Merrill won the right to identify himself in 2010, but could not say what the ultimately withdrawn letter said. In August, a federal judge ordered the associated gag order lifted, with a 90-day pause to allow the Justice Department time to appeal, which it chose not to do.

Victory in hand, Merrill said Monday that the NSL he received demanded his customer’s full Internet browsing history, records of online purchases, a list of Internet Protocol addresses for the target's contacts and location information. A copy of the document with more technical language was released.

“I am happy that the government decided to finally stop appealing every time they lost,” says Merrill, who now runs a nonprofit called the Calyx Institute. “I honestly didn't expect them not to appeal.”


Read more: http://www.usnews.com/news/articles/2015/11/30/internet-provider-gagged-for-decade-reveals-what-fbi-wanted-without-warrant
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