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

2

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

3

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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Facebook Launches Initiative to Stop Extremist Posts in Europe

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Social media apps including WhattsApp, LinkedIn, Twitter, FaceBook, Instagram, SnapChat and Periscope are displayed in a social media folder on the screen of an Apple Inc. iPhone 6 in this arranged photograph taken in London, U.K., on Friday, May, 15, 2015. Facebook Inc. reached a deal with New York Times Co. and eight other media outlets to post stories directly to the social network's mobile news feeds, as publishers strive for new ways to expand their reach. Photographer: Chris Ratcliffe/Bloomberg via Getty ImagesPhoto by Chris Ratcliffe/Bloomberg via Getty Images
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Facebook (FB) has launched a European campaign to combat extremism and hate speech on the Internet, executives announced on Monday.

The social-networking giant started its “Initiative for Civil Courage Online” in Berlin, pledging over $1 million in marketing funding to put a stop to extremism on social media after a rise in racist posts following an influx of refugees, Reuters reports.

“Hate speech has no place in our society, not even on the Internet, Facebook COO Sheryl Sandberg said in a statement. “Facebook is not a place for the dissemination of hate speech or incitement to violence.”

The initiative for “civil courage” comes after criticism that Facebook doesn’t enforce its rules that forbid bullying, harassment and threatening language. Facebook has also hired a firm to monitor and delete racist posts on its platform in Germany, according to Reuters.

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