Welcome to Texas ProRata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics.

I'm Dan Permanak on today's show, a changing of the guard at Google and a Canadian CEO's anger at President Trump.

But first, MIT's Jeffrey Epstein loophole. Now, on Friday,

MIT released an unredacted version of an outside law firm's 61-page report into Jeffrey

Epstein's donations to the university. Obviously, it was not a very flattering portrait of MIT,

which basically looked the other way as media lab

chief Joey Edo paled around with Epstein and figured out ways to accept millions of dollars

and donations from him, all despite the fact that Epstein already was a known and convicted

child sex predator. Also wasn't a terribly flattering look for the law firm, which didn't

seem to try too hard when it

came to figuring out exactly how Epstein got his money to MIT.

I mean, it knows and reported that Epstein gave big donations to family foundations of billionaires,

Bill Gates and Leon Black, but didn't push back too hard on how those same family foundations

then made similarly sized donations to MIT.

In fact, in the case of Leon Black, they didn't even talk to him.

All of this matters for two reasons. First, because the report shines a light into how

disgraced people can remain in the good graces of esteemed institutions so long as they have

money to spend. Second, because MIT neighbor and nemesis, Harvard, remains in the midst of its own investigation into Epstein donations,

and it's hard to imagine that he didn't use similar tactics there.

The bottom line, this report might have exposed an obvious fundraising flaw,

but one that the school doesn't seem interested in closing.

In 15 seconds, we'll go deeper with Axios chief financial correspondent Felix Salmon.

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