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After Failed SSI Takeover, Meta Now Eyes CEO Daniel Gross And Ex-GitHub Chief Nat Friedman
Friday, June 20, 2025 - 11:48pm | 388After a failed attempt to acquire Safe Superintelligence (SSI), an AI startup co-founded by OpenAI's former chief scientist, Meta Platform Inc. (NASDAQ:META) is intensifying its pursuit of artificial intelligence through an aggressive recruitment strategy aimed at attracting top talent. What...
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Trump's 'Big Beautiful Bill' Could Be $3.1 Trillion Jackpot For Affluent Americans Like Elon Musk And Jeff Bezos: Report
Thursday, May 22, 2025 - 4:15am | 634The Republican tax bill, a priority of the Trump administration, could exacerbate wealth inequality in the U.S., according to a report by Oxfam. The non-profit organization argues that the legislation would disproportionately benefit the affluent. What Happened: Oxfam America’s study suggests...
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Meta Faces Potential $200 Billion Legal Blow As Austrian Privacy Group Challenges EU Data Use For AI: '...Making Money Is More Important Than The Rights Of Its Users'
Wednesday, May 14, 2025 - 9:20am | 704Austrian advocacy group, NOYB, is gearing up to seek an injunction against Meta Platforms (NASDAQ:META), potentially leading to billion-euro damages claims. This action comes as a response to Meta’s plans to use Europeans’ personal data for AI training. What Happened:...
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Elon Musk, Jeff Bezos, Mark Zuckerberg Gain Billions As US-China Tariff Truce Boosts Tech Billionaires' Fortunes
Tuesday, May 13, 2025 - 7:37am | 492The recent relaxation of tariffs between the U.S. and China has sparked a significant market rally, with tech CEOs and founders reaping substantial benefits. What Happened: The “magnificent seven” stocks, including Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), and Nvidia...
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Mark Zuckerberg's Meta Lays Off Unspecified Number Of Employees At Its Reality Labs Division: Report
Friday, April 25, 2025 - 7:00am | 623Meta Platforms Inc. (NASDAQ:META) has laid off an undisclosed number of employees from its Reality Labs division, which focuses on developing virtual and augmented reality technologies. What Happened: The layoffs primarily affected the Oculus Studios unit of the Reality Labs division,...
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Meta's AI Research Head Announces Departure After 7 Years As Mark Zuckerberg Doubles Down On AI Investments
Wednesday, April 2, 2025 - 6:23am | 563Joelle Pineau, the Vice President of AI research at Meta Platforms Inc. (NASDAQ:META), has decided to step down and leave the company in May. What Happened: Pineau announced her departure via a Facebook post on Tuesday. She has been with Meta since May 2017, overseeing the company’...
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Mark Zuckerberg's Meta Profits From Llama AI Models Despite Denials, Court Filing Reveals
Monday, March 24, 2025 - 4:42am | 728Meta Platforms Inc. (NASDAQ:META) has reportedly been discovered to be profiting from its Llama AI models through revenue-sharing agreements with host businesses. What Happened: An unredacted court filing submitted by attorneys for the plaintiffs in the copyright lawsuit Kadrey v. Meta reveals that...
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From Tech To Tees: Meta's Zuckerberg May Launching Clothing Line On Instagram
Saturday, October 5, 2024 - 12:00pm | 432Facebook and Meta founder Mark Zuckerberg is exploring the idea of selling his own range of Classics-inspired graphic T-shirts, with Meta’s Instagram being a potential sales platform. What Happened: Zuckerberg’s sartorial preferences have been in the spotlight since 2023. He is now...
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Mark Zuckerberg's Wealth Skyrockets by $51 Billion This Year, Putting Him on Track to Claim the Title of Richest Person on Earth
Monday, September 16, 2024 - 12:17pm | 814Mark Zuckerberg, Meta Platforms’ CEO, has added a jaw-dropping $51 billion to his fortune this year, bringing his total net worth to $179 billion, according to the Bloomberg Billionaires Index. This places him in fourth place, trailing just behind some of the biggest names in the business...
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Mark Zuckerberg's AI Obsession: Is $8 Billion Too Much For Meta To Handle?
Tuesday, August 27, 2024 - 11:15am | 721Mark Zuckerberg’s big AI gamble seems to be paying off – at least for now. Meta’s shares got a nice bump late last month. The company's second-quarter results eased some of Wall Street's fears about overspending on artificial intelligence. Here's the scoop: Meta reported a 33% increase...
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Island Hopping With A High Net Worth — Invest In Hawaii Real Estate Like Zuckerberg And Benioff
Thursday, June 20, 2024 - 10:15am | 621Hawaii's picturesque landscapes and serene lifestyle have attracted billionaire investors like Mark Zuckerberg and Marc Benioff, who are snapping up prime real estate across the islands. Zuckerberg, CEO of Meta Platforms Inc. (NASDAQ:META), is building a $100 million compound on Kauai. It includes...
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Zuckerberg's Quiet Retail Takeover: Facebook Marketplace Has 4x Customers More Than Amazon
Thursday, June 6, 2024 - 11:45am | 841For some, it’s surprising; for others, not so much. Facebook Marketplace is now a genuine contender to eBay, Amazon, Craigslist, and other online marketplaces and e-commerce sites. It has been for quite some time. According to Fortune, Marketplace had more than 15 times more monthly...
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Javier Milei Cozying Up To Tim Cook, Mark Zuckerberg And Other Tech Titans As He Seeks To Build Hype For His Economic Reforms In Argentina
Tuesday, May 28, 2024 - 10:19am | 696In a strategic move to bolster Argentina’s economic prospects, President Javier Milei is embarking on a significant visit to California. The agenda includes high-profile meetings with tech industry leaders, aiming to draw attention to Argentina’s tech sector and the president’s...
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Elon Musk's Wealth Soars By $95B In 2023, Reclaiming Title Of World's Richest Person; Controversial Indian Billionaire Loses Most Money
Friday, December 29, 2023 - 8:36am | 782Elon Musk has had a remarkable year, adding $95.4 billion to his net worth and reclaiming the title of world’s richest person, according to Bloomberg. Musk’s Success: The Tesla Inc. (NASDAQ:TSLA) CEO’s wealth surge was driven by the success of his companies, particularly Tesla and...
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Elon Musk Takes Another Swipe At Mark Zuckerberg, Likens Instagram To OnlyFans
Saturday, November 4, 2023 - 2:07am | 591Elon Musk, known for his eccentric statements and unfiltered presence on social media, has once again directed his attention towards his tech peer, Mark Zuckerberg. This time Musk has drawn a parallel between Instagram and OnlyFans. What Happened: Tesla and SpaceX CEO Musk and Meta Platforms CEO...