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Meta Warns Investors That Mark Zuckerberg Is So Good at Fighting He Might Die

The CEO of Meta may seem like a mild-mannered man. He’s soft-spoken, the corners of his mouth often turn upwards into something resembling a smile, and he’s polite. But it’s all a disguise – Mark Zuckerberg lives life on the edge. Meta even said in its latest annual report that its CEO could die because of his dangerous lifestyle.Is Threads a Threat to Twitter? | Future Tech“Mr. Zuckerberg and certain other members of management participate in various high-risk activities, such as combat sports, extreme sports, and…

Meta: Meta adds over $200 billion in value as job cuts and dividend pay off

Meta added over $200 billion in stock market value and its share price was on track for the biggest one-day percentage jump in a year on Friday after the Facebook parent's first dividend declaration and robust results.Days ahead of Facebook's 20th anniversary, Meta authorized an additional $50 billion in share repurchases and said its quarterly dividend would be 50 cents per share.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian

Meta Quest 3 Adds Spatial Video Support and Pinch Controls

Meta’s official mother-in-chief, Mark Zuckerberg, swung his head toward the minivan’s back seat to tell all his Apple-obsessed Meta Quest 3 customers, “We have Vision Pro at home.” The company is planning to facilitate Apple’s own “spatial video” within the Meta Quest 3 in hopes that even more augmented reality capabilities and even Vision Pro-like “pinch controls” will buoy the company’s VR ambitions.Hands-On With Meta Quest 3The company’s next v62 release coming the week of Feb. 7 will include a full spatial video…

“You’re Never… as Bad as They Say When You’re Down.”

Meta CEO Mark Zuckerberg is feeling pretty philosophical about his roller coaster of week, which saw him berated by Congress over the harmful content on his products one day and celebrated by investors for delivering buckets of dough the next.Is Threads a Threat to Twitter? | Future Tech“You’re never as good as they say when you’re up, or as bad as they say when you’re down,” Zuckerberg said in a Threads post on Thursday. “Just keep building and doing good work over long periods of time.”The Meta CEO certainly has…

Mark Zuckerberg calls Apple’s DMA rules ‘so onerous’ he doubts any developer will opt in

Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple’s compliance with the EU’s new Digital Markets Act (DMA) regulation, which forces Apple to open up its App Store and allow developers to use their own payment systems, among other things. During Meta’s Q4 earnings call this afternoon, Zuckerberg responded to an investor question asking for Meta’s thoughts on the DMA by saying Apple’s new rules were “so onerous” that he would be surprised if any developer adopted them. The new regulations were…

Zuckerberg gets $750 million cash per year from Meta’s first-ever dividend

Last updated: February 2nd, 2024 at 10:25 UTC+01:00 Meta (Facebook) co-founder and CEO Mark Zuckerberg ranks as the world's fifth richest person with a net worth of over $140 billion. He's not sitting on $140 billion in cold, hard cash. His 13% stake in Meta accounts for the vast majority of his net worth, but that stake will soon get him over $750 million in cash per year. His company announced the first-ever cash dividend in its history during yesterday's earnings call. Meta has never paid a dividend before but it…

Meta Soundly Tops Q4 Revenue Estimates, Doubles-Down on AI

Meta continues to buck the industry trend and improve its advertising revenue as it makes a pivot to focus more on AI development initiatives, reporting a higher-than-expected revenue for the fourth quarter of 2023.  Here are the top-line results: Revenues: $40.11 billion, rose 25% from the year-ago period Net income: $14.02 billion, a 201% increase over $4.7 billion in Q4 of 2022 Daily active users: Grew by 8% to 3.19 billion on average Meta reported net income of $14.02 billion, or diluted…

Facebook cofounder Mark Zuckerberg’s long apology tour: A brief history

When Mark Zuckerberg turned at a Senate hearing to address the parents of children exploited, bullied or driven to self harm via social media, it felt like a time-worn convention had sprung back to life.“I'm sorry for everything you've been through,” the Meta CEO said Wednesday. “No one should go through what you and your families have suffered.” Then he returned to corporate mode, noting Meta's continued investments in “industry-wide” efforts to protect children. Zuckerberg has accumulated a long history of public…

Facebook: from Harvard dorm to scandal-plagued social media titan

In 2003, 19-year-old computer whiz Mark Zuckerberg begins working out of his Harvard dormitory room on an online network aimed at connecting the prestigious US university's students.On February 4, 2004, he launches thefacebook.com with three friends. Membership is opened up to other colleges around North America. Zuckerberg leaves Harvard and moves to California's Silicon Valley. The new company receives its first major outside investment of $500,000 from PayPal co-founder Peter Thiel, and officially becomes Facebook in…

“I’m sorry for everything,” Meta CEO Mark Zuckerberg tells families of children harmed by social media

On Wednesday, as many as 5 CEOs of the biggest social media and messaging companies attended the US Senate hearing on the impact of social media on children including X CEO Linda Yaccarino, Snapchat CEO Evan Spiegel, TikTok CEO Shou Zi Chew, Discord CEO Jason Citron, and Meta Platforms CEO Mark Zuckerberg. The hearing was conducted after lawmakers accused these companies of not protecting the children from the many dangers present on their social media platforms. During the hearing, a teary-eyed Zuckerberg made a direct…