Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
Tags: Mark Zuckerberg
Argentina's Milei Plans to Meet Big Tech Bosses This Week in US Trip
Argentinian President Javier Milei is scheduled to meet several top-level Silicon Valley executives in the United States this week, including the bosses of Meta, Google, Apple, and OpenAI.
Elon Musk Revives Challenge to Mark Zuckerberg for Physical Fight a Day After the Meta CEO's 40th Birthday
Elon Musk has revived his challenge to Mark Zuckerberg for a physical fight a day after the Meta CEO's 40th birthday.
Meta Takes Down Workplace App for Businesses to Focus on AI and Metaverse
Meta has decided to shut down its Workplace app to focus on AI and metaverse technologies. This move aligns with CEO Mark Zuckerberg's push for long-term investor patience amidst stock declines triggered by increased AI investment and slower sales growth.
Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices
Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.
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Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.
Meta CEO Mark Zuckerberg Cleared of Personal Liability in Child Addiction Lawsuits by Court Decision
Meta CEO Mark Zuckerberg cleared of personal liability in child addiction lawsuits. US District Judge dismisses claims, emphasizing the necessity of a "special relationship" for liability. Meta remains liable, and lawsuits are ongoing.
Mark Zuckerberg is now the world's third richest person after dethroning Elon Musk. Mark Zuckerberg is now the world's third richest person after dethroning Elon Musk, marking a shift in the fortunes of these tech billionaires.
In May 2024, Meta plans to add the phrase "Made with AI" to content generated or manipulated by AI, citing transparency and the desire to prevent needless limitations on free speech.
Users have reported "racism" in Meta's AI image generator, which fails to depict interracial couples despite Mark Zuckerberg's marriage to an Asian woman.
In an Instagram post, Mark Zuckerberg praises NVIDIA CEO Jensen Huang and compares him to the Taylor Swift of Tech amid their partnership for Meta's artificial intelligence plans.
Taylor Swift now joins tech billionaires Elon Musk and Jeff Bezos on the list of the world's wealthiest people.
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
Meta's stock price also saw a 1.6% decline after a "technical issue" on Tuesday morning, affecting users for 2 hours.
