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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: Is this the Xbox 720?

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JP Mangalindan
JP Mangalindan
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By
JP Mangalindan
JP Mangalindan
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June 18, 2012, 12:58 PM ET
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Meet the app developers too young to drive; Yahoo’s new advertising czar. 

Leaked documents reveal Xbox 720 plans [CNN]

Notable features include Xbox SmartGlass, Blu-ray support, 3-D glasses, cloud-based gaming and an improved Kinect system. If the Xbox 720 described in the document is true, Microsoft’s next-generation entertainment console could change the future of gaming.

How depressives surf the Web [THE NEW YORK TIMES]

We found a trend: in general, the more a participant’s score on the survey indicated depression, the more his or her Internet usage included these (rather technical-sounding) features — for instance, “p2p packets,” which indicate high levels of sharing files (like movies and music). …  For example, participants with depressive symptoms tended to engage in very high e-mail usage. This perhaps was to be expected: research by the psychologists Janet Morahan-Martin and Phyllis Schumacher has shown that frequent checking of e-mail may relate to high levels of anxiety, which itself correlates with depressive symptoms.

App developers who are too young to drive [THE WALL STREET JOURNAL]

This year, Apple opened up its developers event for the first time to 13- to 17-year-olds. The Cupertino, Calif., company supplied 150 teens with scholarships to cover the event’s $1,599 entrance fee, arranged a student lounge with beanbag chairs and Skittles, and invited their parents to chaperone. The teens, or their parents, still had to sign Apple’s customary nondisclosure agreements.

It’s official: Michael Barrett named to new job as Yahoo ad czar [ALLTHINGSD]

The move to hire the high-profile exec — who has been working at Google since it bought an ad tech company he ran a year ago — gives Yahoo a boost in its most critical area of business.

Facebook readying location-based mobile ad product [BLOOMBERG]

Facebook says it’s working on a location-based mobile-advertising product that will allow companies to target users with real-time data showing their whereabouts. “Phones can be location-specific so you can start to imagine what the product evolution might look like over time, particularly for retailers,” Carolyn Everson, Facebook’s vice president of global marketing solutions, said in a telephone interview.

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