CAPE TOWN, South Africa -- Today, digital banking, investing and lending have gone mainstream in China, with millions of consumers skipping straight from cash to mobile finance. The African market shows similar potential.
Once upon a time, big philanthropy worked like this: After decades of building a great fortune (because it used to take decades), a titan of industry would create a major foundation late in life and, not long after, would pass from the scene.
We've thought of Facebook's growing ecosystem of services as revolving around and expanding the core Facebook experience. We're thinking too small. Zuckerberg is dreaming of an even larger universe of services that aren't tied to Facebooking, but communicating -- full stop.