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The Latest Breaking News from Mark Zuckerberg

Mark Zuckerberg Admits AI Bets 'Haven't Come to Fruition Yet' and Meta Layoffs Were 'Not as Clean' as Planned: Report

On Thursday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg reportedly told employees that the company’s AI-driven reorganization has not delivered the rapid progress executives anticipated.

Benzinga

Meta's Mark Zuckerberg says AI agent tech progressing slower than expected

Zuckerberg and other Meta executives have been seeking to ‌moderate some of ⁠the organizational ⁠changes introduced earlier this year, without fundamentally changing course. The company laid off about 10% of its global workforce and reassigned roughly 7,000 employees to AI-focused teams in May, moves that prompted employee pushback and raised…

The Economic Times

Mark Zuckerberg feeds his cows nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii

“I'm very into the genetics of the cattle,” the Meta CEO said.

Fortune

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'Meta will need to reduce or possibly stop AI investment in datacenters, as it already has excess capacity': The AI infrastructure bubble feels the heat

This space for rent.

PC Gamer

Meta's Stock Jumped After Announcing a New Business Venture. But Analysts Warn There Is a Caveat

Analysts are warning that Meta's new venture into cloud infrastructure could provide smaller margins than its lucrative ad business.

International Business Times

Meta reportedly wants to start a cloud computing business to compete with AWS, Azure and others

Facebook's parent company could be launching a new Meta Compute business to sell excess capacity to other hyperscalers and startups.

TechRadar

Meta reportedly plans to rent out its AI compute, sending AI stocks tumbling — 'Meta Compute' would put company in direct competition with AWS

Meta is reportedly weighing two service models: selling developers access to AI models hosted on its own infrastructure, or selling raw computing capacity.

Tom’s Hardware

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Kylie Jenner can't redeem AI glasses

Meta recruited a celebrity to make smart glasses feel safe for women. They aren't

Salon

Meta is Opening a New Business Area Related To AI. Investors Are Elated.

Meta Platforms shares soared more than 10% on Wednesday after a report that the social media giant is preparing to launch a cloud computing business aimed at selling excess artificial intelligence computing capacity.

International Business Times

Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...

Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choose to use AI to empower employees and boost productivity, rather than simply automate tasks and reduce headcount. This perspective comes as Meta itself undergoes significant layoffs while heavily investing…

The Economic Times

Mark Zuckerberg Claims AI Won't Destroy Jobs — Just Weeks After Meta Lays Off 8,000 Employees

Mark Zuckerberg has dismissed fears that AI will trigger mass job losses, arguing that 'personal super intelligence' could expand employment even as Meta cuts thousands of roles.

International Business Times UK

Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?

Meta has poured hundreds of billions of dollars into data centers and AI chips.

The Economic Times

US Stocks: Meta building cloud business to sell AI computing, says report; shares rise

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This strategic shift could lessen Meta's dependence on advertising revenue and position it as a competitor to tech giants like Amazon and Microsoft.

The Economic Times

Meta building cloud business to sell excess AI capacity, Bloomberg News reports

The Economic Times

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International Business Times UK

Mark Zuckerberg's New App Idea Has Critics Asking One Question: 'Why?'

Meta is developing Arena, a prediction app, amid concerns over gambling-like behaviours and its impact on vulnerable users. The app could blur lines between gaming, investing, and gambling.

The Economic Times

Fear and anger brew inside Meta amid AI frenzy

A frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveillance and departures have fueled reports of a heated internal climate. For those who remain, an internal AI training initiative has drawn accusations of surveillance.

Fortune

Anthropic has bucked the rules of Trump's Washington. It's cost them.

Most tech companies have tried to curry favor with the White House and hired 'Trump whisperers.' Anthropic has stood on principle, and suffered the consequences.

International Business Times UK

Jesse Eisenberg Reveals Why He Won't Return as Mark Zuckerberg in 'The Social Reckoning'

Jesse Eisenberg has revealed why he turned down Aaron Sorkin's request to reprise Mark Zuckerberg in 'The Social Reckoning', saying he no longer wants to be associated with the Facebook founder.

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International Business Times UK

Mark Zuckerberg Pushes Meta Into Prediction Markets After US Soldier Uses Invasion Secrets to Win $400K

Meta is developing a prediction-market platform called 'Arena' amidst controversy over a US soldier's alleged insider trading. The move highlights prediction markets' shift towards mainstream consumer technology.

International Business Times UK

Inside the Elon Musk White House Fallout and the Unconstitutional $100M Purge That Broke Trump's Government

Maggie Haberman says Elon Musk effectively acted as a 'co‑president' in Donald Trump's second administration, driving a $100M purge of federal programmes that courts have since ruled unconstitutional.

International Business Times UK

Who's More Likely to Hit $1 Trillion: Mark Zuckerberg or Jensen Huang?

Prediction markets favour Mark Zuckerberg as the next trillionaire, with Nvidia's Jensen Huang as a close contender. AI investments are seen as key drivers for their potential wealth growth.

BANG Premier

Jesse Eisenberg turned down Mark Zuckerberg return in The Social Reckoning because he is 'moving in different directions'

Jesse Eisenberg has revealed why he turned down the chance to reprise his role as Mark Zuckerberg in Aaron Sorkin's upcoming movie The Social Reckoning, a sequel to 2010 flick The Social Network.

The Independent UK

Jesse Eisenberg explains why he doesn’t want to play Mark Zuckerberg in The Social Reckoning

Succession star Jeremy Strong is taking over role for sequel

The Economic Times

Mark Zuckerberg asks Meta to explore working with Polymarket and Kalshi: Report

The social media company's executives have said Arena, Meta's new prediction market app under development, will differ from Polymarket and Kalshi, which accept real-money wagers, because it will ⁠instead rely ‌on video-game-like "points", the report said.

International Business Times UK

Former Facebook VP Says Zuckerberg 'Profoundly Failed' in AI Race, Allowing Nvidia to Win

Chamath Palihapitiya, a former Facebook executive, criticises Meta's AI strategy, arguing the company missed a leadership opportunity in AI, allowing Nvidia to dominate the ecosystem.

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