Nonprofit tech experts focus on not repeating mistakes
Members of MobileActive, a network of people and organizations working to improve the lives of the poor through technology, try to understand failures in an effort and help others keep from repeating mistakes, The New York Times reported Aug. 16 (see nonprofit technology story).
eBay founder investing in India’s poor
Omidyar Network, the philanthropic investing firm of eBay founder Pierre Omidyar, plans to invest up to $200 million into India over the next five years, targeting businesses and nonprofits that can make a social impact and improve life for the poorest people, The Wall Street Journal reported Aug. 17, The Wall Street Journal reported Aug. 16 (see eBay founder story).
Wyclef Jean’s presidential run draws attention to his charity
The campaign by hip-hop singer Wyclef Jean to become president of Haiti has renewed scrutiny of his charity, Yéle Haiti, and its history of poor financial management, The New York Times reported Aug. 16 (see Wyclef Jean story).
Gates Foundation buys Goldman stock
The Bill & Melinda Gates Foundation bought 500,000 shares of Goldman Sachs in the second quarter, Bloomberg reported Aug. 16 (see Gates Foundation story).