Meta, led by CEO Mark Zuckerberg, is set to fire 3,600 employees next week as part of its latest round of mass layoffs, targeting 5% of its "lowest performers." The notices will be sent out starting Monday at 5 AM local time in most countries, including the United States, according to a report by Reuters.
Read More »“Meta to Invest Over $60 Billion in AI Development in 2025”
Meta Platforms Inc., led by CEO Mark Zuckerberg, has revealed ambitious plans to invest at least $60 billion in artificial intelligence (AI) technology in 2025, aiming to solidify its position as a leader in the rapidly expanding field. This investment will include a massive new datacenter to power Meta's AI operations, with total capital expenditures expected to range from $60 billion to $65 billion for AI-related technologies.
Read More »BJP MP Says Parliamentary Panel Will Summon Meta Over Mark Zuckerberg’s Comments on India Elections
A parliamentary panel in India is set to summon Meta, the parent company of Facebook, over a controversial statement made by its CEO, Mark Zuckerberg, regarding the 2024 Indian elections. The remarks, which were made in a podcast, suggested that the incumbent government in India lost the election due to its handling of the Covid-19 pandemic.
Read More »Indian-Origin CEO Celebrates Halloween as Mark Zuckerberg, While Facebook’s Founder Opts for a John Wick Costume
In a playful twist on Halloween, Aravind Srinivas, the Indian-origin CEO of Perplexity AI, donned the iconic look of fellow Silicon Valley entrepreneur Mark Zuckerberg. As the spooky holiday swept through the tech hub, Srinivas joined a host of industry leaders who showcased their creativity with unique costumes.
Read More »Mark Zuckerberg Overtakes Jeff Bezos to Become the World’s Second-Richest Individual
In a remarkable turn of events, Meta CEO Mark Zuckerberg has surpassed former Amazon CEO Jeff Bezos to claim the title of the world's second-richest person, with a net worth of $206.2 billion, according to the Bloomberg Billionaires Index. This achievement sees Zuckerberg outpacing Bezos's net worth of $205.1 billion, although he still trails Tesla CEO Elon Musk by nearly $50 billion.
Read More »Elon Musk Teases Mark Zuckerberg Over Viral July 4th Surf Video
Mark Zuckerberg's unconventional celebration of Independence Day has stirred up a social media feud with fellow tech magnate Elon Musk. The Meta CEO's July 4th festivities, captured in a viral wakeboarding video, featured him clad in a tuxedo, proudly waving an American flag while enjoying a beverage.
Read More »Mark Zuckerberg Surpasses Elon Musk in Wealth Rankings for the First Time in 4 Years
In a significant turn of events, Mark Zuckerberg has surpassed Elon Musk to become the third-richest person globally, marking the first time since 2020 that the arch-rival billionaires have held these positions.
Read More »“VIP Guests Bill Gates, Mark Zuckerberg to Attend Anant Ambani and Radhika Merchant Wedding”
The upcoming nuptials of Anant Ambani, the youngest son of Reliance Industries chairman Mukesh Ambani, and Radhika Merchant have set the stage for a grand celebration, with notable figures from around the world receiving invitations to the highly anticipated event.
Read More »“Mark Zuckerberg’s Daughter Mistakes His Job , Not CEO of Facebook”
In a lighthearted revelation, Facebook CEO Mark Zuckerberg shared an amusing anecdote about his daughter's perception of his profession, highlighting the challenges of explaining complex concepts to young children.
Read More »Mark Zuckerberg Opens Up About Controversial Leadership Style and Risky Hobbies
Meta CEO Mark Zuckerberg has divulged one of his most contentious principles as a business leader, revealing his reluctance to delegate responsibilities. In a recent episode of the "Morning Brew Daily" podcast released on Friday, Zuckerberg shared insights into his management approach, sparking discussions about leadership strategies and personal risk-taking.
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