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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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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Tech

Verizon customers can now opt out of tracking program

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
April 1, 2015, 11:50 AM ET
Verizon
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Verizon customers can now choose to opt-out of a controversial advertising program that used so-called “supercookies,” with the carrier making good on a promise it issued earlier this year. Like more traditional Internet cookies, supercookies track users’ online behavior to serve them up targeted advertisements, but unlike regular cookies, supercookies are impossible for users to delete.

Verizon promised to offer an way for customers to opt-out of the program after privacy and consumer advocates said supercookies were too invasive. Some lawmakers also began questioning Verizon executives over the process.

A Verizon spokeswoman told The New York Times:

As the mobile advertising ecosystem evolves, and our advertising business grows, delivering solutions with best-in-class privacy protections remains our focus. As a reminder, we never share information with third parties that identifies our customers as part of our advertising programs.

Customers can opt out of the program, called “Relevant Mobile Advertising,” by visiting Verizon’s website or by calling 1-866-211-0874.

Verizon in January reported quarterly a loss in earnings of $2.15 billion, or 54 centers a share. That’s compared with earnings of $.92 billion, or $1.76 per share a year earlier after changes to its benefits plans. But the company reported revenue was up 6.8% with an increase in subscribers “who pay for services after use,” according to Reuters.

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About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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