Mark Zuckerberg News

Subscribe to enjoy similar stories.When Meta Platforms said in April that it would lay off 10% of its staff, Allen Sun quickly booked a trip to Menlo Park, Calif.It was a prime opportunity. Sun, a Beijing-based headhunter for some of the biggest Chinese tech companies, works to lure China-born talent back home, targeting people at U.S.-based companies such as Meta, Google, Anthropic and Amazon.

Subscribe to enjoy similar stories.It all happened in one day.Three of the hottest startups in history moved closer Wednesday to becoming trillion-dollar companies. With a fresh filing, SpaceX showed the path to a landmark IPO likely to mint Elon Musk as the world’s first trillionaire.

Subscribe to enjoy similar stories.Meta Platforms just offered a glimpse at what it thinks the future of work looks like: training and supervising artificial-intelligence systems to do what used to be your job. And that’s if you still have a job at all.The social-media company has been unusually aggressive, even by the standards of Silicon Valley, at pushing to incorporate AI into its employees’ workflows and using it to streamline and accelerate its operations.Already this year, it has started grading employees in performance reviews on their AI use; created ultraflat teams with almost no managers; and begun to develop a so-called CEO agent to assist Chief Executive Officer Mark Zuckerberg in performing his job.

Subscribe to enjoy similar stories.Dario Amodei, Sam Altman, Demis Hassabis, Mark Zuckerberg, Elon Musk—a recent Economist article describes them as the small, powerful group of five men who will determine the path along which artificial intelligence (AI) evolves. Their fellow AI pioneer Geoffrey Hinton, who invented the neural network system that enables AI models to learn like humans, quit Google in 2023 to alert the world that while further development of AI could lead us to a utopian future, it could equally lead us to a dystopian one.

Write to Annie Linskey at [email protected] and Alex Leary at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

cyberattacks. Instagram’s decision reflects a broader push and pull shaping the future of digital communication. Mint explains.End-to-end encryption ensures that only the sender and recipient of a message can read its contents.

A few months ago when the editor of Rahul Pandita’s debut novel asked me for a blurb, I wrote that his book was “addictive”. I thought I had found a way to say something meaningful about a book in a blurb, a form of praise that has become meaningless, filled with tired phrases like “tour de force.” But then I realized that I had not been paying attention to book covers. ‘Addictive’ is the new ‘unputownable.’ Apparently, the world believes addiction is a good thing, as long as it is said of a book.

Subscribe to enjoy similar stories. Billionaires are now Public Enemy No. 1 in America.

Subscribe to enjoy similar stories. Which is the land that exemplifies ‘rags to riches,’ where you can be anything in the world? I am sure the US will come to mind. You know all those glamorous stories of college drop-outs, guys who started out in garages and made it big.

As this is my first column of the new year, I thought I would do something challenging—write what is good about the modern world. Here are a few things:Billionaires versus death: Billionaires do not have the heart to leave the party of life. That is where they become extremely useful to us.

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news the Meta was planning cuts of up to 30% in the Reality Labs division that handles the experimental technology.“Finally,” offered Henry Blodget, a man who made his name hyping doomed dot-com stocks. “Points for trying.

At the centre of the storm was Meta CEO Mark Zuckerberg, who lost a staggering $17.9 billion in a single day. The tech mogul now stands at $189 billion in total wealth, down $18.6 billion in 2025 alone, according to the Bloomberg Billionaire Index. Amazon founder Jeff Bezos came in close behind, shedding $15.9 billion. Elon Musk, Tesla chief and a close Trump ally through his advisory roles and links to the Department of Government Efficiency (DOGE), was third on the list. He saw $11 billion wiped off his wealth overnight, bringing his total losses for 2025 to over $110 billion. “This is not just a tech correction. It’s a direct consequence of aggressive policy moves that are shaking investor trust,” said David Bahnsen, Chief Investment Officer at The Bahnsen Group, speaking to Reuters.

The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s 13-year history, and the largest since the height of the Covid-19 pandemic.

Donald Trump's most recent wave of tariffs is all set to rattle the economy. His trade war has just gotten personal for one of his closest allies. With new tariffs going into effect on "Liberation Day," Amazon founder Jeff Bezos might be among the most affected, and his retail empire could face a heavy financial blow. As economists warn about rising costs and economic downturns, the Amazon founder faces significant challenges.

Hurun Global Rich List 2025, ranking the world’s US-dollar billionaires. The latest list highlights major shifts in wealth, with some of the world’s richest individuals experiencing extraordinary financial gains, while others faced setbacks due to market volatility, competition, and political involvement. Mukesh Ambani has fallen out of the world’s top 10 wealthiest list after his fortune shrank by ₹1 lakh crore over the past year, according to the Hurun Global Rich List 2025. The decline was attributed to rising debt levels. Despite the losses, Ambani remains Asia’s richest person. Also Read: Mukesh Ambani drops out of world's top 10 wealthiest list At 53, Elon Musk reclaimed the title of the world’s wealthiest person for the fourth time in five years. He became the first individual to surpass the $400 billion mark, with his net worth surging by $189 billion (82%). Analysts attribute this surge largely to the ‘Trump effect’ on Tesla’s stock price, which saw a significant boost following Donald Trump’s strong political comeback. Also Read: Elon Musk reigns again as world's richest; 'Trump Effect' in action?

Bluesky's CEO Jay Graber had no idea that the black T-shirt she wore during this year's South by Southwest (SXSW), known for its conferences and festivals, would become the company's next cash cow, as per a report.

South by Southwest festival, Bluesky CEO Jay Graber made a quiet but pointed statement wearing a black T-shirt emblazoned with the Latin phrase “Mundus sine caesaribus” (“a world without Caesars”). The message was a direct clapback at Meta CEO Mark Zuckerberg, who months earlier had sported a similar shirt reading “aut Zuck aut nihil”, a twist on the ancient slogan “aut Caesar aut nihil” (“either a Caesar or nothing”). Graber’s fashion choice wasn’t just a meme; it encapsulated Bluesky’s mission to dismantle the idea of a social media emperor ruling over users. “Our infrastructure shouldn’t be controlled by one CEO,” Bluesky’s Emily Liu told Huffington Post, framing the platform’s decentralized model as a rebellion against Zuckerberg’s—or any billionaire’s dominance.

The five billionaires, whose net worth fell are; Elon Musk, Jeff Bezos, Sergey Brin, Mark Zuckerberg, and Bernard Arnault, according to the Bloomberg report.

Meta, owner of Facebook and Instagram, keeps secret blacklists of ex-staff who are ruled out for rehiring, even if they had impeccable performance records at the company, a new report revealed. The workers, who were fired or let go, may be permanently shut out from being able to come back to Meta, usually for reasons that have nothing to do with their work performance, according to Business Insider.

Facebook/ Meta will be published next week. Flatiron Books announced Wednesday that «Careless People» is scheduled for Tuesday. The memoir is written by Meta's former director of global public policy, Sarah Wynn-Williams, who left what was then Facebook in 2018. "'Careless People' takes readers inside Meta's board rooms, private jets, and meetings with heads of state, revealing the appetites, excesses, blind spots, and priorities of executives Mark Zuckerberg, Sheryl Sandberg, and Joel Kaplan," the publisher's announcement reads in part. «Wynn-Williams paints a portrait of this group as profoundly flawed, self-interested, and careless human beings, callously indifferent to the price others would pay for their own enrichment.»

Subscribe to enjoy similar stories. The world’s third-richest man does not often show deference. But Jeff Bezos, the Amazon founder and space pioneer, is a businessman, like any other, trying to make his way in the era of Donald Trump.