Tag Archives: Mark Zuckerberg

CNBC reports: While a standard UFC pay-per-view costs $80, UFC president Dana White said he would charge $100 for the Musk-Zuckerberg bout. The previous biggest pay-per-view ever was Conor McGrergor-Floyd Mayweather in 2017,  White said, which brought in more than $600 million in revenue. The two executives, who have a history of bad blood, likely aren’t looking to add to …

More news about bored billionaires. TMZ Sports reports: Elon Musk and Mark Zuckerberg are “absolutely deadly serious” about fighting each other in a UFC Octagon and it would be the biggest fight in the history of the world, so says UFC Prez Dana White. Dana told Harvey and Charles on “TMZ Live” Thursday he’s been talking and texting with Mark …

The Verge reports: After Elon Musk recently tweeted that he would be “up for a cage fight” with Zuckerberg, the Meta CEO shot back by posting a screenshot of Musk’s tweet with the caption “send me location.” I’ve confirmed that Zuckerberg’s post on his Instagram account is, in fact, not a joke, which means the ball is now in Musk’s …

The Verge reports: Meta now has a team dedicated to building tools powered by artificial intelligence, CEO Mark Zuckerberg announced in a post on Monday. This could eventually include “AI personas” designed to help people in “various ways” in addition to new AI tools across its apps and services. More specifically, Zuckerberg says the company is working on AI “experiences” …

Bloomberg News reports: The new Meta Verified service for Facebook and Instagram will allow users to join celebrities and other public figures in having a blue check that confirms their identity, starting from $11.99 per month, the company said in a statement. The Meta Verified feature may add $2 billion to $3 billion to Meta’s annual sales, Bloomberg Intelligence analyst …

TechCrunch reports: Facebook is notifying users that it will remove four information fields from profiles starting next month. These fields include religious views, political views, addresses and the “Interested in” field, which indicates a user’s sexual orientation. The change will go into effect on December 1. A spokesperson for the company told TechCrunch in an email that the reason behind …

The Associated Press reports: Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. The job cuts come just a week after widespread layoffs at Twitter under its new owner, billionaire Elon Musk. There have been …

The New York Times reports: A package exploded inside a campus building at Northeastern University on Tuesday night, injuring an employee and spreading fear among Boston’s many college campuses, the police said. Officers were called just after 7:15 p.m. to Holmes Hall at 39 Leon Street, which houses the writing center on the private university’s campus, for a suspicious package …

ABC News reports: Washington, D.C., Attorney General Karl Racine has sued Meta CEO Mark Zuckerberg for allegedly failing to protect consumer data following the Cambridge Analytica data leak. “The evidence shows Mr. Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading directly to the Cambridge Analytica incident,” Racine said in a statement …

CNN reports: Late Wednesday, Meta reported a rare drop in profits, driven by spending on its vision for a so-called metaverse while simultaneously confronting advertising challenges on its existing services. The company’s shares plummeted in after-hours trading and are continuing their steep drop on Thursday. By mid-morning, the stock was down nearly 25%, making it the worst performer in the …

CNN reports: Roughly three-quarters of adults believe Facebook is making American society worse, a new CNN poll conducted by SSRS finds, with about half saying they know somebody who was persuaded to believe in a conspiracy theory because of the site’s content. Americans say, 76% to 11%, that Facebook makes society worse, not better, according to the survey. Another 13% …

The BBC reports: Facebook’s announcement that it is changing its name to Meta has caused quite the stir in Israel where the word sounds like the Hebrew word for “dead”. To be precise, Meta is pronounced like the feminine form of the Hebrew word. A number of people have taken to Twitter to share their take on the name under …

The New York Times reports: Facebook has told employees to “preserve internal documents and communications since 2016” that pertain to its businesses because governments and legislative bodies have started inquiries into its operations, according to a company email sent on Tuesday night. The move, known as a “legal hold,” follows intense media, legal and regulatory scrutiny over the social network’s …

The Washington Post reports: Five years ago, Facebook gave its users five new ways to react to a post in their news feed beyond the iconic “like” thumbs-up: “love,” “haha,” “wow,” “sad” and “angry.” Behind the scenes, Facebook programmed the algorithm that decides what people see in their news feeds to use the reaction emoji as signals to push more …

The Washington Post reports: In America, the tech CEO is a champion of free speech, reluctant to remove even malicious and misleading content from the platform. But in Vietnam, upholding the free speech rights of people who question government leaders could have come with a significant cost in a country where the social network earns more than $1 billion in …

Politico reports: Facebook outspent nearly the entire D.C. influence industry on lobbying during the quarter ending Sept. 30, putting in its second most lavish three months ever, according to new filings from the social network embroiled in damaging revelations from whistleblower Frances Haugen. The $5.1 million spree outpaces the company’s big tech peers Google, Amazon and Microsoft. In fact, the …

The Verge reports: Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal …

The Verge reports: Facebook announced Wednesday that it would start removing “severe sexualizing content” targeting public figures as part of a new update to its bullying and harassment policies. The policy changes also include coordinated harassment attacks against users. As part of this new policy update, Facebook said that it would remove any profiles, pages, groups, or events dedicated to …

Mark Zuckerberg writes on his Facebook page: Now that today’s testimony is over, I wanted to reflect on the public debate we’re in. I’m sure many of you have found the recent coverage hard to read because it just doesn’t reflect the company we know. We care deeply about issues like safety, well-being and mental health. It’s difficult to see …

The New York Times reports: John Tye, the founder of Whistleblower Aid, a legal nonprofit that represents people seeking to expose potential lawbreaking, was contacted this spring through a mutual connection by a woman who claimed to have worked at Facebook. The woman told Mr. Tye and his team something intriguing: She had access to tens of thousands of pages …