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Facebook’s Mark Zuckerberg to give away 99% of shares

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Last Updated on: October 25, 2022

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Facebook’s Mark Zuckerberg and his wife Priscilla Chan say they will give away 99% of their shares in the company to good causes as they announce the birth of their daughter Max.

Mr Zuckerberg made the announcement in a letter to Max on his Facebook page.

He said they are donating their fortune to the Chan Zuckerberg Initiative because they want to make the world a better place for Max to grow up in.

The donation amounts to $45bn (£30bn) at Facebook’s current value.

However the shares will not be donated to charity immediately, but over the course of the couple’s lives.

Max was born last week, although her birth was only made public public on Tuesday.

In his letter Mr Zuckerberg said the aim of the Chan Zuckerberg Initiative is “to advance human potential and promote equality for all children in the next generation”.

Its initial areas of focus will be personalised learning, curing disease, connecting people and building strong communities.

“Your mother and I don’t yet have the words to describe the hope you give us for the future,” Mr Zuckerberg said at the start of his letter to Max.

“You’ve already given us a reason to reflect on the world we hope you live in,” it added.

The letter highlighted the important role of technology in achieving the couple’s goals of advancing human potential and equality.

“Many of the greatest opportunities for your generation will come from giving everyone access to the internet,” Mr Zuckerberg wrote to his daughter.

He said more details about the donation will be released once he and Ms Chan return from paternity and maternity leave.

Mr Zuckerberg, who Forbes estimate is worth some $46.8bn, said he will remain chief executive of Facebook for “many, many years to come”.

In a filing to the US Securities and Exchange Commision, Facebook said that Mr Zuckerberg “plans to sell or gift no more than $1bn of Facebook stock each year for the next three years and that he intends to retain his majority voting position…for the foreseeable future.”

Written by: BBC

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Save the Children: Nearly one Afghan child killed or injured daily by explosive remnants

Despite the efforts of aid organizations and demining groups, the scale of the contamination remains overwhelming.

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Save the Children has issued a stark warning, revealing that nearly one Afghan child is killed or injured every day by explosive remnants of war (ERW). In its latest report, the global humanitarian organization emphasized the ongoing and deadly impact of landmines and unexploded ordnance scattered across the country, a legacy of decades of conflict.

From January 2025 to January 2026, 338 Afghan children were killed, injured, or permanently disabled by explosive remnants. Shockingly, children represented nearly 70 percent of all casualties from such explosions during this period. Save the Children’s report underscores that Afghanistan continues to have the highest number of child casualties due to explosive remnants worldwide.

The report highlights that vast swathes of Afghanistan remain contaminated with hazardous materials, with more than 2.7 million people – including many children – living within one kilometer of these dangerous zones. These hazardous areas, often located in fields, pastures, and farmlands, remain uncleared despite ongoing demining efforts. Afghanistan is now considered one of the most contaminated countries globally, with nearly 5,000 hazardous sites still awaiting clearance.

The danger is particularly acute for rural and nomadic communities, including the Kuchi, who traverse long distances in search of water and grazing lands. These communities face severe challenges in accessing healthcare, education, and protection services, further compounding the risks posed by unexploded devices.

To address the growing threat, Save the Children has launched mobile awareness programs aimed at teaching children, particularly in remote and underserved regions, how to identify and avoid explosive hazards. These programs are crucial in helping to reduce the number of child casualties, as children are often unaware of the dangers in their environment.

Despite the efforts of aid organizations and demining groups, the scale of the contamination remains overwhelming. Funding shortages continue to hamper the progress of clearance operations, leaving families and children exposed to the deadly remnants of past conflicts.

“Explosive remnants of war are not just a legacy of Afghanistan’s past; they are an ongoing humanitarian emergency that continues to claim innocent lives,” said Save the Children. “The international community must step up its support to ensure the safety of Afghan children and accelerate efforts to clear these life-threatening hazards.”

As the country struggles to recover from years of conflict, the need for comprehensive and sustained demining operations, alongside better access to education and healthcare for at-risk communities, has never been more urgent.

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Eight dead after 5.8-magnitude earthquake hits Afghanistan

The family members who perished included a father, mother, four daughters, and two sons. In addition to the deaths, a child was reported injured in the incident.

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A powerful 5.8-magnitude earthquake struck Afghanistan on Friday, killing at least eight people and injuring a child when a house collapsed in Kabul. According to local officials, the victims were all members of the same family.

Hafiz Basharat, spokesperson for the Kabul Governor, confirmed that the fatalities occurred in the Bagrami district of Kabul. The family members who perished included a father, mother, four daughters, and two sons. In addition to the deaths, a child was reported injured in the incident.

The earthquake, which originated in the Hindu Kush region of Afghanistan, struck at a depth of approximately 177 kilometers, according to the German Research Centre for Geosciences. Tremors were felt across a wide area, including Kabul, Pakistan’s capital Islamabad, and India’s capital New Delhi.

Local authorities have yet to release additional details regarding the extent of the damage or any further casualties caused by the earthquake.

As rescue operations continue, Afghan authorities are assessing the full impact of the earthquake, which has left many concerned about the potential for more aftershocks in the region.

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5.8-magnitude earthquake shakes parts of Afghanistan

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A strong earthquake measuring 5.8 on the Richter scale struck parts of Afghanistan on Friday night, according to the United States Geological Survey (USGS).

The epicenter was reported in Jurm district of Badakhshan province, with a depth of 186 kilometers.

There have been no immediate reports of casualties or damage.

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