New York City Mayor Eric Adams said Wednesday that his administration has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat and YouTube, alleging that their services are damaging to the mental health of young adults and children in the largest U.S. city. The city of New York along with plaintiffs including … Read more
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg shared his opinion of Apple‘s new mixed reality headset, the Vision … Read more
US Senator Ted Cruz (L), R-TX, speaks with Chairman Dick Durbin, D-IL, as Judge Ketanji Brown Jackson speaks during the Senate Judiciary Committee confirmation hearing on her nomination to become an Associate Justice of the US Supreme Court, on Capitol Hill in Washington, DC, on March 23, 2022. Jim Watson | AFP | Getty Images … Read more
Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Technology companies are learning an old lesson from Wall Street: maturing means shrinking. Meta and Amazon saw their shares spike on Friday following their fourth-quarter earnings reports. While … Read more
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting over the past few days. Artificial intelligence … Read more
Facebook CEO Mark Zuckerberg is seen after fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released Oct. 28, 2021. Facebook | via Reuters Meta CEO and co-founder Mark Zuckerberg … Read more
Facebook CEO Mark Zuckerberg rides a hydrofoil surfboard holding the American flag on July 4, 2021. Mark Zuckerberg, Instagram Mark Zuckerberg’s preference for mixed martial arts and water sports is not only a personal hazard, but it’s also a risk to investors. In its annual financial report for 2023 filed Friday, Meta disclosed a new … Read more
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Mark Zuckerberg is so pleased with his “year of efficiency” that he’s extending it indefinitely. On Thursday’s earnings call, after Meta reported fourth-quarter financials that … Read more
Mark Zuckerberg, CEO of Meta Platforms, demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Meta continues to sink billions of dollars a quarter into developing the metaverse, and is just now facing its first real competitive threat from … Read more
Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Evelyn Hockstein | Reuters Meta will report fourth-quarter earnings after the bell on Thursday. Here’s what analysts surveyed by LSEG, formerly Refinitiv, are expecting: Earnings: $4.96 per share Revenue: $39.18 billion … Read more
