Zuckerberg Family Fund to Invest $3 Billion in Research Technology - News Summed Up

Zuckerberg Family Fund to Invest $3 Billion in Research Technology


Facebook Inc. Chief Executive Mark Zuckerberg and his wife Priscilla Chan on Wednesday committed to invest more than $3 billion over the next decade to build technology that can speed up research on disease. The first investment by the couple’s for-profit philanthropic arm, the Chan Zuckerberg Initiative LLC, will be $600 million to create a research lab of engineers and scientists based in San Francisco, Dr. Chan said. At the lab, called Biohub, engineers and researchers from the University of California, San Francisco,...


Source: Wall Street Journal September 21, 2016 20:26 UTC



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