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Government surveillance stifles innovation, says Randi Zuckerberg

January 17th, 2014
10:53 AM ET

By Mick Krever, CNN

Making people feel like they are under surveillance is “one of the worst things you can do to stifle innovation,” Randi Zuckerberg – former Facebook marketing director and sister of its founder, Mark – told CNN’s Christiane Amanpour on Thursday.

“These companies are all free,” Zuckerberg said. “All they have is the trust of their users…As soon as people don't trust the platforms, they're not using it, they're off to the next one and everyone loses.”

From her perspective as a mother, however, she suggested government surveillance was not all bad.

“As a mom who wants to protect children online, there could definitely be some benefits,” she said.


Filed under:  Christiane Amanpour • Latest Episode • Tech

Millionaire teen app maker explains who helped him before sale

March 27th, 2013
04:00 PM ET

Money isn’t everything – but if you’re 17 and made $30 million overnight, it certainly doesn’t feel too bad.

Nick D'Aloisio is the 17-year-old wunderkind everyone is talking about since Yahoo announced the purchase of his two-year-old app, Summly.

In an interview with CNN’s Ali Velshi on Wednesday, D'Aloisio explained that though he was the “sole founder” of the company, he did get help from some big names before Yahoo’s purchase.

“I was fortunate enough for the Hong Kong billionaire Lee Ka Shing to just cold approach me,” D'aloisio said – he was fifteen at the time.

Lee’s team was trying to work out a date to meet with D'Aloisio, but when they realized he was still in school, they decided to fly out and meet the schoolboy in person.

D'Aloisio said though he developed the original algorithm, he wasn’t the only person behind the app’s engineering.

“We have a team of in-house scientists that have also been coding,” he said. “We worked with Sanford S.R.I. – they are the guys who did Siri, for example. So they actually generated brand new I.P. – it wasn’t licenses. They didn’t have any staff, previously existing. We built I.P. together, under an exclusive license. And then when we sold to Yahoo – all that I.P. was transferred over to them. So Summly and Yahoo owns 100% of the I.P.”

Filed under:  Latest Episode • Tech