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Tough luck, Zuck! Mark Zuckerberg tumbled from third to fifth place on the Bloomberg Billionaires Index after Meta’ stock plunged 11% on Thursday — wiping out $29.2 billion from his fortune in just one day. The 41-year-old CEO’s net worth fell to $235.2 billion, his lowest ranking in nearly two years, as investors recoiled from […]
Meta Platforms narrowed its annual capital expenditures forecast on Wednesday, driven by the social media giant’s high-stakes push for “superintelligence” in the heated AI race, sending its shares up nearly 9% in extended trading. The Facebook and Instagram parent now expects capital expenditures to be between $66 billion and $72 billion, compared with its prior projection of $64 […]
Add Mark Cuban to the list of business titans who are throwing cold water on Zohran Mamdani’s left-wing platform of rent freezes and cheap groceries at municipally-run supermarkets. The billionaire entrepreneur and former Dallas Mavericks owner criticized the New York City mayoral candidate, saying that his campaign promises appear too good to be true. “We’re […]
Meta billionaire Mark Zuckerberg called himself the “most awkward person” – and admitted there’s one name in particular the internet has tagged him with that has hurt his confidence. Zuckerberg, 40, made the frank admission during an appearance on comedian Theo Von’s “This Past Weekend” podcast that was published on Monday after the host asked […]
The C.E.O. inauguration crowd In a stark display of money and power, the three wealthiest men on the planet lined up on Monday in the Capitol Rotunda to witness Donald Trump being sworn in as the 47th president. The message was clear: With a president in office who wants to be known as a deal […]
Mark Zuckerberg kept the circle of people who knew his thinking small. Last month, Mr. Zuckerberg, the chief executive of Meta, tapped a handful of top policy and communications executives and others to discuss the company’s approach to online speech. He had decided to make sweeping changes after visiting President-elect Donald J. Trump at Mar-a-Lago […]
Meta CEO Mark Zuckerberg dined with Donald Trump at Mar-a-Lago — after reportedly requesting the meeting with the president-elect to discuss “the incoming administration” Wednesday. “It’s an important time for the future of American Innovation. Mark was grateful for the invitation to join President Trump for dinner and the opportunity to meet with members of […]
