Mark Zuckerberg is selling Meta Platforms Inc. stock for the first time in two years after the social media giant rapidly rebounded from a tumultuous 2022. The Meta co-founder’s trust as well as entities for his charitable and political giving unloaded about 682,000 shares worth almost $185 million in November through trading plans, with the … Read more
Being born to ultra-rich parents has many perks – It’s assumed that when your parents are billionaires and successful, you have a privileged life. They often get a hefty inheritance from their wealthy parents. However, several business tycoons like Bill Gates, Mark Zuckerberg, and Ted Turner have planned things differently. They will be donating their … Read more
Russia on Thursday slapped travel bans on US Vice President Kamala Harris, Facebook chief Mark Zuckerberg and dozens of prominent Americans and Canadians in retaliation for sanctions imposed over Ukraine. The Russian foreign ministry said the travel restrictions on 29 Americans and 61 Canadians — which also includes defence officials, business leaders and journalists from … Read more
Facebook Inc CEO Mark Zuckerberg said privacy and safety would need to be built into the metaverse, as he opened the company’s annual conference on virtual and augmented reality on Thursday. Facebook continues to battle criticism over its market power, its content moderation practices and harms linked to its social media platforms. The tech giant, … Read more
Jack Dorsey and Mark Zuckerberg may be making big plans in the cryptocurrency space, but Vitalik Buterin doesn’t see them as likely to gain much traction. The engineer widely recognized as the inventor of Ethereum, the world’s most-used blockchain, cast doubt on Square Inc. chief executive officer Dorsey’s plan for the company to create a … Read more
Facebook debuted a newsletter subscription service Tuesday, an attempt to court influential writers to its platform as more creators branch out from traditional publications and go independent. To jump-start the service, called Bulletin, Facebook spent months recruiting dozens of writers across different categories — including sports, entertainment, science and health — paying them upfront to … Read more
Facebook Inc is expanding its “Shops” feature to messaging app WhatsApp and to Facebook Marketplace, the company said on Tuesday as it announced changes to its commerce tools. Facebook Chief Executive Mark Zuckerberg said it would also introduce personalized ads in this shopping service. The company said it would in the coming months launch an … Read more
MUMBAI: India has added one billionaire every 10 days in 2020 amid the pandemic. This was made possible by rising stock market valuation, which increased the number of worldwide billionaires by 412 to 3,228. There are now 209 Indian-origin billionaires, of which 177 are Indian residents. The total list, which continues to be topped by … Read more
WASHINGTON: The CEOs of Twitter and Facebook on Tuesday defended their safeguards against disinformation in the presidential election, and promised Congress they would take vigorous action for two special elections in Georgia that could determine which party controls the U.S. Senate. Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg told a hearing of the … Read more
Facebook Inc confirmed on Friday it was temporarily halting recommendations for all political groups and any new groups in the run-up to Tuesday’s U.S. presidential election. Facebook’s Chief Executive Officer Mark Zuckerberg referred to one of the changes during a Senate hearing on Wednesday, saying: “We have taken the steps to stop recommendations in groups … Read more