Weekly Roundup: DJIs Spark drone, Mark Zuckerberg addresses Harvard

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This week, DJI announced a brand new droning, Mark Zuckerberg delivered the Harvard commencement speech and Airbnbs internal data science program was announced. These are the top narratives of the week. This post is also a newsletter, so you can sign up to have it delivered to your inbox on Saturday mornings .~ ATAGEND

1. Mark Zuckerberg tells Harvard we need a new equal opportunity social contract

Mark Zuckerbergs Harvard commencement speech centered around how we can improve life through big projects, equal opportunity and build both local and global community. He outlined a plan to create a world where every single person has a sense of purpose. Rather than focusing on the possibilities for the Harvard students graduating in front of him, he urged the students to ignite opportunities for those less fortunate.

2. Airbnb is operating its own internal data science university

If theres one role thats in demand in Silicon Valley, its data scientists.Every company has its own strategy for hiring and training, but Airbnb has taken things a stair further. The company is operating its own university-style program for data science, complete with a custom course-numbering system.

3. DJI announces its tiny new $499 Spark droning

DJI comprised a live-streamed keynote, during which it announced its newest droning, the Spark.With a palm-sized body and sub- $500 price point, the company is taking some pretty significant steps beyond just photographers and videographers. Its still a pretty expensive toy at the end of the day, but with the number of features the company is tossing in here, the notion of a solid droning for the rest of us just became a little more real.

4. Uber mentions it accidentally underpaid drivers in New York City

Uber was supposedto take a 25 percent cut from motorist fares, after taxes and fees were taken into account, according to the terms of Ubers 2014 motorist agreement. But in New York, Uber accidentally calculated a higher commission that took into account the full fare, before taking into consideration taxation and other fees.Uber mentions it is fully prepared to rebate that money to drivers in New York, plus interest. That will result in tens of millions of dollars in payouts for the company.

5. Jim Hackett is the new CEO of Ford

After a day of supposition, Ford named Jim Hackett, who had been running Fords Smart Mobility business, as the new CEO. The move signals the companys ambitions in the connected auto space. Hackett willreplace Mark Fields, who is retiring.

6. Quora launches its first self-serve ad platform

Newly minted unicorn Quora launched its first self-serve ad platform.Advertisers both large and smallwill be able to create text-based ads and mobile app install ads both of which seem particularly native and non-intrusive.

7. Bitcoin surged past $2,000 for the first time

Bitcoin has been on a tear this year.Thats according to a variety of bitcoin exchanges, including Coinbase and Kraken. Thevaluation puts the total marketplace cap of bitcoin the total number of coins in circulation at $32.92 billion. Heres how to stage an initial coin provide .~ ATAGEND

8. Peloton is the newest unicorn

Indoor fitness equipment company Peloton closed a $325 million Series E financing round, valuing the company at $1.25 billion.Spinning has turned out to be a big business, and this brand hasbeen gaining traction in the at-home fitness space. Pelotons $2,000 bicycles have developed a cult following, principally because of its live-streamedclasses.

Weekend reads

The FCCpublished the notice of proposed rule-making that would roll back the 2015 Open Internet Order establishing net neutrality. Its first and primary reasons for doing this is a way of defining broadband access thats so backwards, its ludicrous. It would be funny, if the future of the internet didnt depend on this incredibly disingenuous maneuvering .~ ATAGEND

I attended Google I/ O the coming week, and read a lot of cool things, writes columnist Jon Evans .But what really hit home for me, at the keynote and the demos and the developer sessions, was just how dominant Google has become, in so many different domains and, specially, how its only real rival comes from the four other tech behemoths who predominate our industrys landscape. More here .~ ATAGEND

As bitcoin continues to mature, theres a new term we need to learn. WTF is an ICO ?

There are few verticalsfilled with more utopian dreamsthan the studios and startups building virtual and augmented reality experiences. While some are looking to craftsmanship 3D experiences that integrate intothe real world, others are aimingto createmassive worlds to which we can flee. The one thing many of them have in common, however, is that they are is built around a game enginefrom a company calledUnity. Heres why Unity, which closed on $400 million in fresh funding this week, is poised to becomethe next tech monster .~ ATAGEND

Read more here: https :// techcrunch.com