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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

Today in Tech: Why Microsoft feels “cool” again

By
JP Mangalindan
JP Mangalindan
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By
JP Mangalindan
JP Mangalindan
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June 13, 2012, 6:45 AM ET
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A flirting app runs into trouble; the impending shakeout for app makers. 

Aging Microsoft lures young tech idealists [REUTERS]

“Microsoft feels cool again,” said 22-year-old Gbenga Badipe, an electrical engineering student at Rice University, one of 1,500 interns spending 12 weeks at the company’s leafy campus this summer. “Microsoft products touch almost every area of technology, and everything they do is starting to work together.”

The death of unlimited data: What it means, and how you can keep your unlimited data plan [LIFEHACKER]

Verizon announced a new shared family plan today, and AT&T recently started throttling more unlimited users. If you’re still clinging to your unlimited data plan, here’s what you need to know about where it’s going—and how you can keep it for as long as possible.

Apple’s Ping to end with a thud in next release of iTunes [ALLTHINGSD]

The service is a failure. And rather than continue to maintain Ping, the company is abandoning it and using its partnerships with Twitter and Facebook to make its various software and service offerings social in a way that consumers actually care about.

Skout, a flirting app, bans minors after rapes [THE NEW YORK TIMES]

 In the latest cautionary tale of the risks of using social networks to connect with strangers, three men have been accused of raping children they met using a mobile app designed for flirting between adults. The rape charges startled managers of Skout, the social networking app, because they thought they had adequate safeguards in place.

The pan alley: The coming shakeout for app makers [THE WALL STREET JOURNAL]
More than a century from the birth of the modern music industry—which coalesced around a few Manhattan blocks known as Tin Pan Alley—a new generation of entrepreneurs has become entranced by the possibilities of software apps. Consumers have downloaded 30 billion iPhone and iPad apps to date, and Apple Inc. AAPL +0.87%alone has already paid out $5 billion to these developers.
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