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Slashdot Deals: Cyber Monday Sale! Courses ranging from coding to project management - all eLearning deals 25% off with coupon code "CYBERMONDAY25". ×, a For-Profit Charity 355

Google has set up a subsidiary,, a for-profit philanthropy with initial capital of a billion dollars. Not being organized on a tax-free basis carries both advantages and drawbacks. From the article: "Unlike most charities, this one will be for-profit, allowing it to fund start-up companies, form partnerships with venture capitalists and even lobby Congress. It will also pay taxes." One of's first projects is the development of a plug-in hybrid vehicle that achieves a mileage rating equivalent to 100 MPG.
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C'est magnifique, mais ce n'est pas l'Informatique. -- Bosquet [on seeing the IBM 4341]