Meta investors settle $8bn lawsuit with Zuckerberg
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The second richest person on Earth is no longer Meta’s Mark Zuckerberg: According to Bloomberg, Oracle co-founder and chief technology officer Larry Ellison has topped Zuckerberg for the No. 2 spot. Ellison, 80, has been a billionaire since 1993, with 80% of his wealth made up of Oracle stock and options, Bloomberg reports.
Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of dollars” into artificial intelligence infrastructure.
The first trial of oversight liability claims against a public company may prove riskier for Delaware’s elite business court and its chief judge than the expected star witness, Meta Platforms Inc. founder Mark Zuckerberg.
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Iconiq Capital, which started in Silicon Valley with clients like Mark Zuckerberg and Jack Dorsey, has created collaborative philanthropy funds to jump-start giving. These so-called co-labs pool clients' capital to make multiyear grants to a group of nonprofits focused on causes like climate equity and economic mobility.
Mark Zuckerberg said is company is creating Meta Superintelligence Labs, which will be led by some recent hires.
Facebook CEO Mark Zuckerberg may have made a hushed exit in the upscale neighborhood of Woodside, California. Reports from the Real Deal suggest that an entity linked to Zuckerberg has swiftly ...
Mark Zuckerberg is California's richest person, with a net worth of $177 billion, Forbes has reported. The Meta CEO's wealth has grown notably this year as the company's stock has continued to rise.
Meta is moving its safety and content moderation teams from California to Texas and other states. CEO Mark Zuckerberg said the shifts would help address concerns of bias and over-censorship.