Page 5 - Mark Zuckerberg

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

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

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

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

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

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

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"

Parl panel must question Meta on fact-check, hate speech rules: TMC MP

If Meta executives are summoned by the Parliamentary standing committee on communications and information technology, they should be questioned about the company's decision to stop fact-checking and changes in its content guidelines on hate speech and disinformation, panel member and TMC MP Saket Gokhale said on Wednesday. Gokhale's remarks come a day after BJP MP Nishikant Dubey, who heads the panel, said the committee will summon executives from social media giant Meta for "tarnishing" India's image amid a controversy over its CEO Mark Zuckerberg's statement during a podcast that after the COVID-19 pandemic, most incumbent governments, including the one in India, lost elections in 2024. In a letter to Dubey, Gokhale said that in the same interview, Zuckerberg also announced that the platform would be ending its fact-check programme and would also be making changes to its community guidelines. "It has been reported on several occasions that there has been a significant misuse of Me

Meta India official apologises for Mark Zuckerberg's India election remark

Appearing on the Joe Rogan podcast, Zuckerberg claimed that incumbent governments in many countries, including India, lost elections following the Covid-19 pandemic

Mark Zuckerberg to cohost reception with Republicans for Trump inauguration

Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's inauguration, the latest sign of the Facebook founder's embrace of the president-elect. The reception cohosted by Zuckerberg is set for Monday evening, shortly before the inaugural balls, according to two people familiar with the private plans who spoke to AP on condition of anonymity to discuss them. The other cohosts are Miriam Adelson, the Dallas Mavericks owner and widow of casino magnate Sheldon Adelson; Tilman Fertitta, casino magnate, Houston Rockets owner and Trump's pick to serve as US ambassador to Italy; Todd Ricketts, the co-owner of the Chicago Cubs; and Ricketts' wife, Sylvie Legere. Zuckerberg once seemed a foe of the former president, banning him from Facebook and Instagram after a mob of Trump's supporters attacked the US Capitol on January 6, 2021. But lately, he's been endearing himself to Trump as one of a number of tech executives who have been seeki

Meta to be summoned, hoax bomb threats, Adani shares, Israel-Hamas ceasefire & more

A Parliamentary committee is planning to summon META CEO Mark Zuckerberg over his “factually incorrect” statement describing the 2024 Lok Sabha election.

Meta's Zuckerberg to face Parliamentary summons over India elections remark

BJP MP Nishikant Dubey accused CEO Mark Zuckerberg of spreading misinformation through his earlier comments on the 2024 Indian general election

I&B minister Vaishnaw fact-checks Zuckerberg on Lok Sabha poll results

Union minister Ashwini Vaishnaw hit back at Facebook founder Mark Zuckerberg on Monday for making a "factually incorrect" statement that the incumbent government in India lost the election in 2024 due to its handling of the COVID-19 pandemic. Zuckerberg, chairman and CEO of Meta Platforms, triggered a row by claiming in a podcast interview that the Indian government lost the election in 2024 due to its weak COVID-19 response. Vaishnaw opted for Meta's Facebook platform to call out Zuckerberg for spreading "misinformation". "It is disappointing to see misinformation from Mr Zuckerberg himself. Let's uphold facts and credibility," the Union information and broadcasting minister said, tagging Meta on X and other social media platforms. "From free food for 800 million, 2.2 billion free vaccines, and aid to nations worldwide during COVID, to leading India as the fastest-growing major economy, PM Modi's decisive 3rd-term victory is a testament to good governance and public trust," he ...

Inside Mark Zuckerberg's sprint to remake Meta for Donald Trump's era

The entire process was highly unusual. Meta typically alters policies that govern its apps by inviting employees, civic leaders and others to weigh in

Zuckerberg reveals US govt made Facebook censor content on Covid vaccine

Referring to the investigation and committee set up to look into the government censorship, Mark Zuckerberg said, 'We produced all these documents and it's all in the public domain'

Meta chief Mark Zuckerberg says most companies need more 'masculine energy'

Zuckerberg, who launched his career by rating the attractiveness of women at Harvard University, added that he grew up with three sisters and has three daughters, and wants women to succeed

Meta's content U-turn sparks exodus: Searches on 'how to delete Fb' soar

Sweeping content moderation changes by Meta CEO Mark Zuckerberg have spurred a surge in Google searches in the US on how to delete Facebook, Instagram and Threads accounts

Meta abandoning fact-checking not good for fight against misinformation

In a video, the company's chief, Mark Zuckerberg, said fact checking had led to 'too much censorship' and added 'to get back to our roots around free expression'

Meta rolls back hate speech rules as Zuckerberg cites elections as catalyst

It wasn't just fact-checking that Meta scrapped from its platforms as it prepares for the second Trump administration. The social media giant has also loosened its rules around hate speech and abuse again following the lead of Elon Musk's X specifically when it comes to sexual orientation and gender identity as well as immigration status. The changes are worrying advocates for vulnerable groups, who say Meta's decision to scale back content moderation could lead to real-word harms. Meta CEO Mark Zuckerberg said Tuesday that the company will remove restrictions on topics like immigration and gender that are out of touch with mainstream discourse," citing recent elections as a catalyst. For instance, Meta has added the following to its rules called community standards that users are asked to abide by: We do allow allegations of mental illness or abnormality when based on gender or sexual orientation, given political and religious discourse about transgenderism and homosexuality a

Meta's fact-checking reversal lets Mark Zuckerberg drop the charade

Zuckerberg said he would now work on issues of free speech with Trump, who, just four years ago, was considered too dangerous even to be a Meta user