Peter Thiel pays kids $100K to drop out of college

Peter Thiel is best known for being an early angel investor in Facebook and the co-founder of PayPal, but he’s making headlines with a new venture: paying college-age teens to drop out and start their own businesses.

Facebook launches fellowships to lure top graduate students

Facebook is using a tried-and-true Silicon Valley tactic to lure top engineering talent from graduate schools around the country. The social network just launched a fellowship program offering a $30,000 stipend, $5,000 for travel and conference attendance, another $5,000 for a personal computer, and an opportunity for a paid summer internship.