MIT Scandal Highlights Thorny Ethics Of University Donations
Techlife News|September 14, 2019
While MIT grapples with new allegations about its financial ties to Jeffrey Epstein, other universities that accepted donations from the disgraced financier say they have no plans to return the money.
MIT Scandal Highlights Thorny Ethics Of University Donations

The turmoil at MIT has sent shockwaves through the world of education and highlights the challenges universities face as they screen potential donors and decide whether to keep money that’s tainted by its benefactor’s misdeeds.

Epstein was arrested in July on federal charges, drawing new attention to old allegations. He killed himself in jail in August while awaiting trial.

Harvard University says it already spent $6.5 million that Epstein donated in 2003. The University of Arizona says it isn’t returning $50,000 it received in 2017. The University of British Columbia is not giving back $25,000 it got from an Epstein charity in 2011.

Ohio State University has not said what will come of its funding from Epstein, including $2.5 million donated in 2007. The school announced a review of the gifts in July but declined to provide an update.

Epstein’s ties to academia are coming under renewed scrutiny amid allegations that a prestigious research lab at the Massachusetts Institute of Technology had a more extensive fundraising relationship with Epstein than it previously acknowledged and tried to conceal the extent of the relationship.

The allegations, first reported by The New Yorker, spurred MIT’s president to bring in an outside law firm to investigate. In a letter to campus, President Rafael Reif called the accusations “deeply disturbing” and “extremely serious.”

Reif previously announced that MIT had received about $800,000 from Epstein over two decades and would donate the same amount to a charity that benefits victims of abuse.

Other schools have said they didn’t even know donations they received came from Epstein. His $50,000 to the University of Arizona to pay for a science conference came through a charity he operated, Gratitude America, Ltd. School officials said they were unaware of his ties to the charity at the time.

Diese Geschichte stammt aus der September 14, 2019-Ausgabe von Techlife News.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der September 14, 2019-Ausgabe von Techlife News.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS TECHLIFE NEWSAlle anzeigen
US Companies See Record-Low Profits in China Amid Geopolitical Tensions and Slow Growth, Report Says - American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy
Techlife News

US Companies See Record-Low Profits in China Amid Geopolitical Tensions and Slow Growth, Report Says - American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy

American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy, according to a report published Thursday by a U.S. business group.

time-read
2 Minuten  |
September 14, 2024
GOOGLE WINS LEGAL BID TO OVERTURN 1.5 BILLION EURO ANTITRUST FINE IN EU DIGITAL AD CASE
Techlife News

GOOGLE WINS LEGAL BID TO OVERTURN 1.5 BILLION EURO ANTITRUST FINE IN EU DIGITAL AD CASE

Google won a court challenge this week against a 1.49 billion euro ($1.66 billion) European Union antitrust fine imposed five years ago that targeted its online advertising business.

time-read
2 Minuten  |
September 21, 2024
CONGRESS TARGETS CHINESE INFLUENCE IN HEALTH TECH. IT COULD COME WITH TRADEOFFS
Techlife News

CONGRESS TARGETS CHINESE INFLUENCE IN HEALTH TECH. IT COULD COME WITH TRADEOFFS

A California biotechnology company that helps doctors detect genetic causes for cancer is among those that could be cut out of the U.S. market over ties to China, underscoring the possible tradeoffs between health innovation and a largely bipartisan push in Congress to counter Beijing's global influence.

time-read
3 Minuten  |
September 21, 2024
FACEBOOK OWNER META BANS RUSSIA STATE MEDIA OUTLETS OVER 'FOREIGN INTERFERENCE'
Techlife News

FACEBOOK OWNER META BANS RUSSIA STATE MEDIA OUTLETS OVER 'FOREIGN INTERFERENCE'

Meta said it's banning Russia state media organization from its social media platforms, alleging that the outlets used deceptive tactics to amplify Moscow's propaganda. The announcement drew a rebuke from the Kremlin.

time-read
2 Minuten  |
September 21, 2024
TECH BILLIONAIRE RETURNS TO EARTH AFTER FIRST PRIVATE SPACEWALK
Techlife News

TECH BILLIONAIRE RETURNS TO EARTH AFTER FIRST PRIVATE SPACEWALK

A billionaire spacewalker returned to Earth with his crew on Sunday (15), ending a five-day trip that lifted them higher than anyone has traveled since NASA's moonwalkers.

time-read
2 Minuten  |
September 21, 2024
UNITED AIRLINES WILL OFFER FREE INTERNET ON FLIGHTS USING SERVICE FROM ELON MUSK'S SPACEX
Techlife News

UNITED AIRLINES WILL OFFER FREE INTERNET ON FLIGHTS USING SERVICE FROM ELON MUSK'S SPACEX

United Airlines has struck a deal with Elon Musk's SpaceX to offer satellite-based Starlink WiFi service on flights within the next several years.

time-read
3 Minuten  |
September 21, 2024
GOOGLE'S MILLISECOND AD AUCTIONS ARE THE FOCUS OF A MONOPOLY CLAIM
Techlife News

GOOGLE'S MILLISECOND AD AUCTIONS ARE THE FOCUS OF A MONOPOLY CLAIM

It happens in milliseconds, ideally, as you browse the web. Networks of computers and software analyze who you are, what you are looking at and buy and sell the advertisements you see on web pages.

time-read
4 Minuten  |
September 21, 2024
LONGSHOREMEN AT KEY US PORTS THREATENING TO STRIKE OVER AUTOMATION AND PAY
Techlife News

LONGSHOREMEN AT KEY US PORTS THREATENING TO STRIKE OVER AUTOMATION AND PAY

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.

time-read
5 Minuten  |
September 21, 2024
CALIFORNIA GOVERNOR SIGNS LAWS TO PROTECT ACTORS AGAINST UNAUTHORIZED USE OF AI
Techlife News

CALIFORNIA GOVERNOR SIGNS LAWS TO PROTECT ACTORS AGAINST UNAUTHORIZED USE OF AI

California Gov. Gavin Newsom signed off Tuesday on legislation aiming at protecting Hollywood actors and performers against unauthorized artificial intelligence that could be used to create digital clones of themselves without their consent.

time-read
2 Minuten  |
September 21, 2024
UBER TO DISPATCH WAYMO'S ROBOTAXIS IN AUSTIN AND ATLANTA NEXT YEAR
Techlife News

UBER TO DISPATCH WAYMO'S ROBOTAXIS IN AUSTIN AND ATLANTA NEXT YEAR

Ride-hailing leader Uber announced it will dispatch robotaxis built by driverless technology pioneer Waymo beginning next year in Austin, Texas, and Atlanta in a deal that deepens the bond between once-bitter rivals.

time-read
2 Minuten  |
September 21, 2024