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New charitable zeal grips tech billionaires

Shortly after Facebook CEO Mark Zuckerberg visited San Quentin State Prison to speak out about overcrowded prisons earlier this month, word quickly spread that Twitter CEO Jack Dorsey was donating a sizable amount of the riches expected from the forthcoming IPO of Square, his other company, to underserved communities.

For an industry often derided for its selfish, self-aggrandizing behavior, the good works of Zuck and Jack were heartening, though not entirely surprising. HBO’s hit sitcom Silicon Valley aside, the Valley is increasingly putting its money where its heart is.

Jon Swartz, USA TODAY

Full Story: http://www.usatoday.com/story/tech/columnist/2015/10/23/new-charitable-zeal-grips-tech-billionaires/74003814/

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