Mark Zuckerberg

Elon Musk loses $148 bn in net worth: Why are billionaires losing money?

In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks

Updated On: 11 Mar 2025 | 9:22 AM IST

Mark Zuckerberg rocks Benson Boone's Grammy jumpsuit for wife's birthday

Mark Zuckerberg surprised wife Priscilla Chan on her 40th birthday by recreating Benson Boone's Grammy moment, swapping his tux for the singer's iconic blue jumpsuit in a viral stunt

Updated On: 01 Mar 2025 | 1:04 PM IST

Meta in talks to build $200 billion data centre for AI projects: Report

Meta's decision to invest heavily in data centres is a part of the larger trend where tech giants are announcing huge investments one by one in data centres, particularly to meet the future AI demand

Updated On: 26 Feb 2025 | 12:30 PM IST

Meta raises executive bonuses to 200% amid layoffs, cost-cutting measures

The announcement to raise bonuses comes just a week after Meta began laying off 5 per cent of its workforce, a move the company attributed to targeting underperforming employees

Updated On: 21 Feb 2025 | 12:22 PM IST

Meta cuts down stock options for staff despite trading at record highs

In January, the Facebook parent said it would trim about 5 per cent of its "lowest performers" and plans to hire for the impacted roles this year

Updated On: 21 Feb 2025 | 9:36 AM IST

India among largest countries in Meta AI adoption, says India head

Says over 4 million entities have used at least one of the firm's GenAI offers

Updated On: 20 Feb 2025 | 10:59 PM IST

Meta CEO Zuckerberg lobbies US senators on AI, seeks to muster influence

Zuckerberg met with senators one day after his personal charity announced it was ending diversity, equity and inclusion programmes

Updated On: 20 Feb 2025 | 8:39 AM IST

Meta to build a 50,000 km undersea cable spanning five continents

The addition of Meta's undersea cable will make it the 18th project with a landing station in India

Updated On: 14 Feb 2025 | 11:16 PM IST

I was nearly sentenced to death for blasphemy in Pakistan: Mark Zuckerberg

On the Joe Rogan Podcast, Meta CEO Mark Zuckerberg spoke on stricter content controls and the growing regulatory pressures on technology firms worldwide

Updated On: 12 Feb 2025 | 2:53 PM IST

Meta starts eliminating jobs in shift to find AI talent to dominate race

Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service

Updated On: 11 Feb 2025 | 8:43 AM IST

Meta adds $235 bn of value in winning streak as investors cheer AI bets

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak

Updated On: 04 Feb 2025 | 10:59 PM IST

Mark Zuckerberg frustrated over internal leaks, Meta warns employees

To counter leaks, Meta has modified its internal Q&A format. Instead of taking direct questions, employees now submit questions in advance, and the most popular ones are addressed

Updated On: 31 Jan 2025 | 12:39 PM IST

Meta sends mixed signals as Q4 sales beat estimates but outlook muted

Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI initiatives and the company's conviction that open source AI is the right strategy

Updated On: 30 Jan 2025 | 11:51 PM IST

World's richest people lose $108 bn after tech startup DeepSeek selloff

Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20 per cent drop

Updated On: 28 Jan 2025 | 9:00 AM IST

Meta to invest up to $65bn in AI infrastructure this year: Zuckerberg

Big technology companies have been investing tens of billions of dollars to develop AI-related infrastructure after the meteoric success of ChatGPT highlighted the potential for the technology

Updated On: 24 Jan 2025 | 9:20 PM IST

Billionaires at Trump's inauguration hold wealth equal to 1/3 India's GDP

World's richest men: Elon Musk, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault all attended various inauguration events

Updated On: 21 Jan 2025 | 1:27 PM IST

Zuckerberg blames Sandberg for Facebook's culture crisis in Trump meeting

Meta CEO Mark Zuckerberg reportedly blamed former COO Sheryl Sandberg for Facebook's inclusivity issues during a meeting with Trump advisor Stephen Miller, marking a shift in the company's direction

Updated On: 17 Jan 2025 | 4:30 PM IST

As Biden warns of 'oligarchy,' Trump inauguration to host tech billionaires

President Joe Biden's pointed warning about the US becoming an oligarchy of tech billionaires will be illustrated at Donald Trump's inauguration, when the world's three richest men will sit on the dais as Trump is sworn in for a second term. Elon Musk, the world's wealthiest person, took an unprecedented, hands-on role in the final stretch of Trump's campaign, spending some USD200 million through a super PAC. Musk has a new role reshaping government in the upcoming administration and will be joined on the dais by Amazon founder Jeff Bezos. Both men's companies have enormous contracts with the federal government. Rounding out the trio is Meta CEO Mark Zuckerberg, who recently changed his company's priorities to align with Trump's and has cozied up to the president-elect less than six months after Trump threatened to imprison him. The three men are worth nearly USD1 trillion combined and will be joined at the inauguration by the chief executive officers of OpenAI and the social medi

Updated On: 17 Jan 2025 | 7:48 AM IST

Apple CEO Tim Cook to attend Trump's inauguration alongside tech titans

If Tim Cook decides to attend the event, he will join other prominent Silicon Valley figures, including Amazon founder Jeff Bezos, Meta Platforms' Mark Zuckerberg, and Elon Musk

Updated On: 16 Jan 2025 | 7:24 AM IST

Matter 'closed', says IT House panel chief Dubey after Meta apology

Zuckerberg had said that "2024 was the big election year around the world and a lot of countries like India and a tonne of countries that had elections and incumbents basically lost every single one"

Updated On: 15 Jan 2025 | 10:09 PM IST