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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
Tech

Facebook Hires a Co-Founder of Google’s High-Speed Internet Service

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Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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June 24, 2016, 6:01 PM ET
Photograph by Chris Ratcliffe/Bloomberg - Getty Images
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Facebook is beefing up its Internet connectivity team with a veteran of Google’s Fiber high-speed Internet project.

The social network has hired Kevin Lo as its director of infrastructure connectivity and investments, as tech news site Recode reported and Lo later confirmed in a Facebook post. Lo will help lead Facebook’s outside partnerships, such as Terragraph, an ambitious project to bring Wi-Fi to dense urban areas, and Facebook’s partnership with Microsoft to build a fiber optic cable.

He won’t, however, be responsible for Free Basics, Facebook’s controversial app in developing countries that provides free data use for a limited number of apps through deals the company has struck with telecom companies, according to Recode. Facebook also doesn’t plan on becoming an Internet service provider like Google Fiber, which offers Internet service in a handful of cities at a speed of up to one gigabit per second.

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Lo joined Google in 2010 and co-founded the company’s Fiber project, along with managing its product, business, and operations, according to his LinkedIn profile. He left the company in 2015, shortly before its reorganization and new name in August.

In April, Facebook made another high-profile hire from Google: Regina Dugan, who previously ran the company’s Advanced Technology and Projects (ATAP) division. Prior to that she was the director of the Defense Advanced Research Projects Agency (DARPA). At Facebook, she’s heading Building 8, the company’s research and development division that is focused on tackling projects to better connect the world.

Lo will report to Jason Taylor, Facebook’s vice president of infrastructure, according to Recode.

Fortune has contacted Facebook and will update this story if we hear back.

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