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Zuckerberg Drops $100M Gift on N.J. Schools on ‘Social Network’ Premiere Day

Zuckerberg grabs a piece of the message with a gift so large that the state will relinquish some control of Newark schools

Mark Zuckerberg will donate $100 million to troubled public schools in Newark, N.J., a gift so large that Gov. Chris Christie will cede some control of the state-run system to Mayor Cory A. Booker in conjunction with it, the New York Times reported.

The chief executive and a founder of Facebook and the two politicians will announce the arrangement Friday — the same day "The Social Network" premieres at the New York Film Festival — on the “Oprah Winfrey Show.”

Read more at the New York Times.