Facebook Inc (NASDAQ:FB) surged 0.58% and to closed at $140.34 on Friday. According to The San Diego Union-Tribune, UC San Diego’s push to raise a record $2 billion in private donations got a big lift Saturday when a scientist who helped turn Facebook into a social-media giant gave the campus $75 million. Taner Halicioglu’s gift is meant to make the campus a national leader in data science and to launch the public phase of a capital campaign that’s already produced almost $1 billion.
The contribution comes as the university begins one of its biggest expansions, a $1.6 billion construction program that includes housing, classrooms, research space and a student center that also will be a station for the Blue Line Trolley, which is slated to start serving the campus in 2021. The San Diego Union-Tribune Report
According to Recode, A top U.K. official is targeting WhatsApp, after reports that the terrorist who killed four people used the Facebook-owned messaging app before launching his attack in London this week.
Home Secretary Amber Rudd complained that WhatsApp’s end-to-end encryption system offered terrorists a safe way to communicate, and said government agencies need to be able to peer inside the messaging app.
“It used to be that people would steam open envelopes or just listen in on phones when they wanted to find out what people were doing, legally, through warranty,” she said “But on this situation we need to make sure that our intelligence services have the ability to get into situations like encrypted WhatsApp.” Recode Report