Virgin Hyperloop One names Richard Branson chairman and receives a lifeline in the form of $50 million.

"Starting in the first quarter of 2018, users of DNA tests will be able to share their information in exchange for a virtual currency called Luna Coin."

“These two aspects of the Chan Zuckerberg Initiative -- a long term approach and a technology mindset -- shape all our work,” the couple wrote. “The magic of technology is that it can help social change scale faster. And because of Mark's experience building a world-class engineering organization at Facebook, we are in a unique position to build a philanthropy with a great engineering team to help our partners scale their social change faster as well.”

"The Alphabet Inc. unit will announce the opening of a new Beijing research facility on Wednesday during its second annual developers conference in Shanghai, the company said. The Google AI China Center will have a small group of researchers supported by several hundred China-based engineers."

Apple buys Shazam for around $400 million making this one of Apple's largest acquisitions ever. 

Amazon, Apple and Alphabet are on the top of the list of the 250 most effectively managed U.S. companies. Read more about their success and how they got there.

"One of the people said the conversations are about Amazon taking a role in drug purchasing, potentially disrupting a space now dominated by distributors McKesson, AmerisourceBergen and Cardinal Health. Generics manufacturers are eager to establish a relationship with Amazon as part of 2018 business plans, the person said."

"What is core to being a technologist is that we believe that the future will be better than the past," Sandberg said. "Not perfect. Not that technology will solve every problem. Not that technology doesn’t cause some of the problems," but the belief that technology can lift people out of poverty and bring people closer together.

"The real reason developers will want the camera, of course, is for its AI tech. Built in are a set of pre-trained image recognition models that developers can use to create their own applications."