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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
TechYahoo

Yahoo Threw a Low-Key Holiday Party This Year

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Madeline Farber
Madeline Farber
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By
Madeline Farber
Madeline Farber
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December 19, 2016, 4:10 PM ET
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Yahoo’s holiday party was a lot more subdued this year, a drastic change from its extravagant 1920’s themed holiday party in 2015.

This year, Yahoo (YHOO) hosted the event at its offices in New York and Sunnyvale, Calif.—not Pier 48 San Francisco, where it reportedly cost the company $7 million to host last year. The office space was transformed into a giant party venue complete with an open bar, lots of food, and a dance floor.

You can check out pictures of the party on Yahoo’s Flickr page.

https://www.instagram.com/p/BOFPJv-g-Te/?tagged=yahooholidayparty&hl=en

 

https://www.instagram.com/p/BODeAgej_xw/

 

 

The toned-down party comes after the company announced one billion user accounts were hacked (though CEO Marissa Mayer was criticized for not cutting spending last year amid its overall financial trouble). Since this was Yahoo’s second data breach, (the first occurred in 2014, but was only recently brought to light), Verizon, which agreed to buy Yahoo‘s core internet business in July for $4.8 billion, now wants to amend the terms of the acquisition agreement.

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