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The Latest Breaking News from Mark Zuckerberg

Why Reels is Mark Zuckerberg's biggest math problem

This is happening as the company announced short-form video from viral creators as a key part of its growth.

Fortune

Zuckerberg Fortune Gains $12 Billion In One Day

The rebound in Meta's stock boosted the fortune of Meta Platforms CEO Mark Zuckerberg to $69.8 billion.

The Street

Tech giants are pivoting to a 'Year of Efficiency'

The year ahead will be all about refocusing on priorities for tech giants.

Fortune

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Google, Apple brace for earnings as Meta shares skyrocket

San Francisco (AFP) - Tech giants Google, Apple and Amazon will report their latest earnings on Thursday as shares in Meta skyrocketed after the Facebook owner posted better results than expected and signaled spending cuts.

AFP

Dow Jones Dips As Nasdaq Flies; Meta Stock Rockets After Mark Zuckerberg 'Surprise'; Apple Earnings Miss

The Dow Jones fell as the Nasdaq flew. Meta Platforms rocketed as Mark Zuckerberg shared a surprise. Apple earnings missed views.

Investors Business Daily

Meta Shares Soar Most Since 2013 on Zuckerberg’s Vision

Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive.

Tribune News Service

Jim Cramer Astonished by Mark Zuckerberg's Terminology, Messaging During Meta's Earnings Call

Meta shares were up more than 20% despite pedestrian fourth quarter results.

The Street

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Mark Zuckerberg and Wall Street are finally meeting in the middle on the metaverse

The Meta chief executive satisfied investors Wednesday by pledging to trim costs, but he’s still all-in on Reality Labs.

Fortune

Big Tech earnings expected as Meta share price skyrockets

San Francisco (AFP) - Tech giants Google, Apple and Amazon will report their latest results on Thursday as shares in Meta skyrocketed after the Facebook owner posted a smaller-than-expected slump in sales for 2022.

AFP

Meta may have spent at least $88,000 per person when it laid off 11,000 in 2022. This year could see even more job cuts

And those aren’t even the costliest recent tech layoffs.

Fortune

Meta Stock Soars, Reclaiming $500 Billion Market Value, As Wall Street Embraces Grown-Up Mark Zuckerberg

"My management theme for 2023 is the 'Year of Efficiency'," said CEO Mark Zuckerberg.

The Street

Meta Reports Sales Fall, but Beats Expectations

Facebook and Instagram owner Meta on Wednesday reported its first annual sales drop since the company went public in 2012, but the fall was less brutal than expected, sending its share price soaring. The social media giant said sales dropped one percent to $116.6 billion in 2022, while it also…

Asharq Al-Awsat

The White House just came around to Elon Musk's point about Apple's 'secret 30% tax on everything.'

Tech CEOs, like Mark Zuckerberg and Elon Musk, have long grumbled about the 30% cut developers pay to Apple and Google.

Fortune

Meta shares soar as Zuckerberg ushers in ‘year of efficiency’

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.

Tribune News Service

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news in one place.

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Tribune News Service

Meta soars after sales beat, rosy forecast as Facebook grows

Meta Platforms Inc. posted quarterly sales that topped estimates, gave a rosy revenue forecast and indicated Facebook and Instagram still have room to grow, signaling it’s on course for a turnaround after its most difficult year.

The Guardian - US

Meta earnings drop by less than expected with boost from Reels

Parent company of Facebook and Instagram reports $32bn in revenue for fourth quarter, prompting rise in stock price

Fortune

Meta's Reality Labs lost $13.7 billion in 2022—and just reported its worst quarter ever

CEO Mark Zuckerberg said the metaverse remains one of the company's top priorities.

AFP

Meta reports sales fall, but beats expectations

San Francisco (AFP) - Facebook and Instagram owner Meta on Wednesday reported its first annual sales drop since the company went public in 2012, but the fall was less brutal than expected, sending its share price soaring.

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news in one place.

100’s of premium titles.
One news app.

Crikey

Billionaires tried to ‘save’ media. They failed

When the uberwealthy arrived to rethink media, many rejoiced. Disarray and a vacuum of journalistic integrity lay in their wake.

The Street

Meta Gets Green Light To Continue VR Push Despite Massive Losses

Get ready to exercise in virtual reality with Meta.

The Street

Facebook Messenger Could Be Draining Your Phone, According to This Whistleblower

If true, the whistleblower's claims could confirm a popular online theory.

Fortune

The professor who wrote the book on digital surveillance says that Elon Musk's Twitter takeover means our political stability, health and sanity come down to one man: 'I regard this as fundamentally intolerable'

Shoshana Zuboff calls Musk and Zuckerberg "information oligarchs" and thinks decision-making power lying with a few top-ranked executives can threaten democracy.

The Guardian - UK

Donald Trump’s Truth Social posts bode ill for his return to Facebook

As Trump was reinstated, Meta’s Nick Clegg stressed ‘guardrails’ were in place. He could soon find them tested

Salon

Meta's big money grab: Trump is the key

Trump's half-literate, racist lies are a traffic bonanza on social media, so of course they want him back

WEKU

5 takeaways from the massive layoffs hitting Big Tech right now

Some 200,000 tech jobs have been lost in what is seen as one of the sharpest downturns in the tech industry's history. Here is what you need to know about the mass layoffs in Silicon Valley.

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