Chan Zuckerberg $3 billion investment to cure disease | Crunch Report | Summary and Q&A

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September 21, 2016
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Chan Zuckerberg $3 billion investment to cure disease | Crunch Report

TL;DR

Apple is rumored to be in talks to acquire McLaren, YouTube introduces a new moderation program, and Chan Zuckerberg Initiative invests $3 billion in curing diseases.

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Questions & Answers

Q: Is there any truth to the rumors about Apple acquiring McLaren?

The Financial Times reports that Apple is in talks to acquire McLaren, but nothing has been confirmed. If the acquisition were to happen, it could cost between $1.3 billion and $2 billion.

Q: What is YouTube Heroes and how does it work?

YouTube Heroes is a crowdsource moderation program that allows volunteers to flag inappropriate content, add captions and subtitles, and answer questions on the YouTube help forum. The more moderating a volunteer does, the more perks they receive.

Q: How does Netflix plan to expand its original content offerings?

Netflix CFO David Wells wants 50% of all content on the platform to be created by the company. Currently, the company is only about 30% of the way to that goal.

Q: How does Lemonade differentiate itself in the insurance industry?

Lemonade differentiates itself by offering affordable renters and homeowners insurance policies starting at $5 and $35 per month, respectively. The company also focuses on using AI and behavioral terms to reduce fraud and donates money left over from policies to charity.

Summary & Key Takeaways

  • Apple is reportedly in discussions to acquire McLaren, with the potential acquisition costing between $1.3 billion and $2 billion.

  • YouTube has launched a new crowdsource moderation program called YouTube Heroes, which allows volunteers to flag inappropriate content, add captions and subtitles, and answer questions on the help forum.

  • Netflix plans to expand its original content offerings and aims to have 50% of all content on its platform created by the company in the future.

  • Lemonade, a new company, offers affordable renters and homeowners insurance policies starting at $5 and $35 per month, respectively.

  • The Chan Zuckerberg Initiative has announced a $3 billion investment over the next decade to cure, prevent, or manage all diseases.

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