Mark Zuckerberg

Mark Zuckerberg takes the stand in landmark social media addiction trial

In 2024, the US Surgeon General called for adding warning labels to social media explaining the platforms were associated with mental health harms for ado- lescents

Zuckerberg testifies at trial accusing social media of harming teens

Mark Zuckerberg and opposing lawyers dueled in a Los Angeles courtroom on Wednesday, where the Meta CEO answered questions about young people's use of Instagram, his congressional testimony and internal advice he's received about being "authentic" and not "robotic." Zuckerberg's testimony is part of an unprecedented social media trial that questions whether Meta's platforms deliberately addict and harm children. Attorneys representing the plaintiff, a now 20-year-old woman identified by the initials KGM, claim her early use of social media addicted her to the technology and exacerbated depression and suicidal thoughts. Meta Platforms and Google's YouTube are the two remaining defendants in the case, which TikTok and Snap have settled. Beginning his questioning, the plaintiff's attorney Mark Lanier laid out three options of what people can do regarding vulnerable people: help them, ignore them, or "prey upon them and use them for our own ends." Zuckerberg said he agrees the last opti

Meta CEO Mark Zuckerberg set to testify in watershed social media trial

Mark Zuckerberg will testify in an unprecedented social media trial that questions whether Meta's platforms deliberately addict and harm children. Meta's CEO is expected to answer tough questions on Wednesday from attorneys representing a now 20-year-old woman identified by the initials KGM, who claims her early use of social media addicted her to the technology and exacerbated depression and suicidal thoughts. Meta Platforms and Google's YouTube are the two remaining defendants in the case, which TikTok and Snap have settled. Zuckerberg has testified in other trials and answered questions from Congress about youth safety on Meta's platforms, and he apologised to families at that hearing whose lives had been upended by tragedies they believed were because of social media. This trial, though, marks the first time Zuckerberg will answer similar questions in front of a jury and, again, bereaved parents are expected to be in the limited courtroom seats available to the public. The cas

Zuckerberg, Musk step up AI arms race with $155 billion spending blitz

Big Tech is unleashing a massive AI spending spree, with Meta and Tesla doubling down on capital expenditure even as chip shortages and bubble fears grow

Zuckerberg's $14 bn AI hire Alexandr Wang makes Forbes 40 Under 40 list

Meta CEO Mark Zuckerberg appointed Scale AI founder Alexandr Wang to head Meta Superintelligence Labs following a $14 billion investment, as the 28-year-old enters Forbes' 40 Under 40 list

Meta to acquire Singapore startup Manus in bid to bolster AI push

Meta is spending aggressively to compete in the AI race against rivals like OpenAI, Alphabet Inc.'s Google and Microsoft Corp

Ex-Trump adviser Powell McCormick steps down from Meta board after 8 months

Powell McCormick, who served as Trump's deputy national security adviser during his first term, is considering retaining an advisory role where she continues working with Meta's senior leadership team

$600 bn and counting: Elon Musk now richer than Bezos, Zuckerberg combined | World's richest people

Elon Musk has become the richest person the world has ever seen. His net worth has surged past $600 billion, driven largely by SpaceX’s soaring valuation and IPO buzz.

Musk's worth soars past $600 bn; richer than Bezos, Zuckerberg combined

Forbes' Real-Time Billionaires tracker showed Elon Musk's net worth climbing past $684 bn, a milestone no one has previously reached, after reports said SpaceX was preparing for a public listing

Meta to cut 30% of Metaverse budget as layoffs loom in 2026: Report

CEO Mark Zuckerberg has heavily bet on the augmented-reality unit, with the company changing its name to Meta from Facebook in 2021. The unit has burned more than $60 billion since 2020

Best of BS Opinion: Gautam Gambhir and India's selectors must go

Today's columnists write about long-term oil forecasts and wartime 'jugaad' to India's cricket woes, the AI investment frenzy and a new documentary probing US secrecy on non-human intelligence

Cambridge Analytica case: Zuckerberg's Meta settles claims for $190 million

Representatives of Menlo Park, California-based Meta and Zuckerberg didn't immediately return emails seeking comment on the settlement

Amazon set to raise $12 billion in first US bond sale to fuel AI growth

Amazon is returning to the US bond market after three years to raise $12 billion, aiming to fund its growing investments in AI and expand its infrastructure

Zuckerberg slips to fifth on rich list as Meta shares plunge on AI plan

Meta's stock fell 11%, the most since 2022, after it said to issue the biggest investment-grade bond offering of the year to boost spending on AI research, dropping Zuckerberg's net worth

Meta set to raise $25 bn in its biggest-ever bond sale to fund AI expansion

Meta Platforms' $25 billion bond sale, among the biggest US corporate bond offerings of 2025, will help the company to ramp up AI infrastructure and integrating AI services into core products

AI spending spree tests investors' patience at Meta, Microsoft and Alphabet

Three bellwethers from different corners of the technology world - Alphabet Inc, Meta Platforms Inc and Microsoft Corp - together racked up some $78 billion in capital expenditures last quarter up 89%

Indian-origin startup offers jobs to laid-off Meta staff, pay up to ₹5.2 cr

Meta to cut 600 positions from its AI labs; Smallest AI, led by Indian-origin founder Sudarshan Kamath, has offered to hire these affected employees with top salaries of $600,000

Meta to lay off 600 employees amid AI overhaul, top-tier staff retained

Meta's layoffs will hit employees in AI infrastructure, Fundamental Artificial Intelligence Research unit (FAIR) and other AI product teams

Meta, Blue Owl seal $30 bn private capital deal for Hyperion data centre

The financing is set to provide a roadmap for other hyperscalers looking to develop data centre without harming their credit ratings, as firms go on borrowing binges to try to keep up with the costs

Meta launches $799 Ray-Ban smart glasses with built-in display, AI features

In an interview ahead of their launch, Chief Technology Officer Andrew Bosworth called the new glasses "the first serious product" in the space