Facebook founder and CEO Mark Zuckerberg supports an idea called universal basic income. "We should explore ideas like universal basic income to make sure that everyone has a cushion to try new ideas," Zuckerberg said at his Harvard commencement address Thursday. So, what exactly is it? It's a concept that's getting a lot of attention, especially in Silicon Valley. A country that has universal bas
Japanese billionaire Yusaku Maezawa has made a name for himself as a rock musician, an online fashion mogul and, most recently, a high-rolling art collector. The 41-year-old tech tycoon made waves in the art world this week, dropping $110.5 million on a Jean-Michel Basquiat painting at Sotheby's in New York on Thursday night. It's the highest ever price paid at auction for a work by an American ar
Yahoo (YHOO) confirmed on Thursday data "associated with at least 500 million user accounts" have been stolen in what may be one of the largest cybersecurity breaches ever. The company said it believes a "state-sponsored actor" was behind the data breach, meaning an individual acting on behalf of a government. The breach is said to have occurred in late 2014. "The account information may have incl
Facebook buys GowallaBy Laurie Segall @CNNMoneyTech December 2, 2011: 8:40 PM ET NEW YORK (CNNMoney) -- Facebook has acquired location sharing service Gowalla for an undisclosed sum, according to a source close to Gowalla. Facebook declined to comment on the deal. "We don't comment on rumor and speculation," a company spokesman said. Most of Gowalla's employees, including founder Josh Williams, wi
(Fortune Magazine) -- Vivek Gupta barely waits for the driver to pull to a stop before jumping out of the back seat of the taxi. He strides toward a converted textile mill in south central Mumbai, which now houses the offices of Vodafone Essar, a subsidiary of the British-based wireless provider. Inside, it looks as if a procurement manager has ordered an entire catalog of Herman Miller's latest o
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