Browsing: Dustin Moskovitz

The rich are getting richer and the poor are getting poorer. It’s the phrase that’s launched a thousand editorials, most of them decrying the manifest evils of the insatiable 1%. But a large part of this increased inequality is driven not by greed or manipulation, but by technology

On Friday, social network Facebook will list on Wall Street in the third largest initial public offering (IPO) in US history and the largest in the technology sector. The initial share price is set at US$38 and, with 421m shares being listed, the move will make