Mark Zuckerberg News

The GOP-led House Judiciary Committee threatened a vote Thursday on whether to recommend holding Meta Platforms’ Mark Zuckerberg in contempt of Congress unless he turns over internal company documents, part of a long-running debate about the proper relationship between government officials and social-media companies. Republicans say Meta and other social-media companies are censoring conservative views, sometimes under pressure from the government. Democrats say the government must work with the companies to respond to election manipulation and other threats.

Meta shares surged nearly 10 per cent on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy.

Meta shares surged nearly 10% on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy. The Facebook owner was set to add over $70 billion to its market value, based on premarket movements, after strong second-quarter earnings encouraged 16 analysts to lift their target price on a stock that has already more than doubled this year.

The world met the first metaverse in 1992 when Neal Stephenson’s Snow Crash depicted an online world that users could only access via virtual reality (VR) goggles. Stephenson described this universe as a place where users could receive computer-generated bodies, hang out with friends and attend events like concerts. The 2018 film Ready Player One revisited this theme, emphasizing that the metaverse would overtake the real world and become the place where people spend most of their time.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

advertising revenue, topping Wall Street financial targets for the second quarter and forecasting third-quarter revenue above market expectations. The results from Meta, Facebook's parent company, come a day after a strong performance from Alphabet's Google and make the case that consumers, and the advertisers eager to reach them, are spending despite broad economic concerns. Still, the company also forecast that expenses would rise in both 2023 and 2024, citing costs including legal fees and increased spending on infrastructure considered key to the tech sector's feverish AI race.

After surpassing the market expectations, Facebook owner, Meta Platforms witnessed an 11% rise in its revenue to $32 billion in the second quarter. The company has predicted an upbeat third-quarter revenue above market expectations.

Meta, Facebook was a Wall Street darling because of its breakneck growth and big profits. But the company had lost its luster with investors over the past 18 months thanks to a slump in ad sales and what some saw as self-inflicted wounds. On Wednesday, the company appeared to regain some of its footing.

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.

Amazon founder Jeff Bezos, climbing out of the ocean onto a boat. Sánchez, who shared the picture on Instagram, said, “Is it just me, or is it hot outside?” along with a heart and sun emoji. The couple's love and engagement have been warmly received by friends, including Meta CEO Mark Zuckerberg and Kris Jenner, who left fiery comments on the post. This delightful picture follows their recent public appearance, hand in hand, during a family dinner at Nobu Malibu. Before that, the couple enjoyed a lavish summer getaway, arriving in the picturesque village of Èze and savoring a lunch date at the renowned La Chèvre d'Or. Their engagement in May came as a joyful culmination of a relationship that was first made public in January 2019. Close friends of Sánchez shared their excitement over the news, revealing that a proposal had been on the cards for quite some time. «They are really in love and happy, which makes everyone who knows them happy. She found the man she wants to spend the rest of her life with, and they felt the time was right,» a source said. Sánchez, who is also a helicopter pilot, sent a heartfelt birthday message to Bezos in January, celebrating their beautiful journey together. She referred to him as «the man of my dreams» and praised his loving and supportive nature. «Happy birthday to the man of my dreams, who lights up my world with his laughter and kind heart. You have shown me that no great love is not bravely fought for. I am so grateful for the memories we have made and the adventures yet to come. Here's to many more birthdays filled with love and laughter,» Sánchez wrote.

Meta CEO Mark Zuckerberg is being threatened with contempt of Congress

TikTok , Chinese short-video app, is launching text-only posts, with a 1,000-character limit, as the company seeks to capitalise on Twitter's turmoil, news agency Reuters reported. The short-video app is allowing users to create text-only posts, in the latest attempt by a social media firm to capitalize on the turmoil at Twitter since its buyout by Elon Musk last yea, the report said The move, announced on Monday, would allow TikTok users to choose from a variety of backgrounds for their text posts that can feature hashtags and allow people to tag other users.

Elon Musk is busy changing Twitter logos and policies, fellow entrepreneur, billionaire, and arch-rival Mark Zuckerberg is busy collecting accolades for his martial skills! The 39-year-old Meta CEO recently achieved a blue belt in Brazilian Jiu-Jitsu. On July 23, the billionaire shared his new milestone with his followers on Instagram. Posing with his new martial arts coach Dave Camarillo, Zuckerberg wrote, “Congrats @davecamarillo on your 5th degree black belt, Zuckerberg wrote.

A post shared by Mark Zuckerberg (@zuck) Amidst rumors of a potential cage fight with Elon Musk, this achievement showcases Zuckerberg's dedication to his jiu-jitsu journey and passion for martial arts. And fans cite that this might be a fresh challenge for Musk.

Social media giant TikTok announced a feature launch aimed at dethroning Twitter (recently rebranded to X) as the go-to text-based social media platform.

When Threads launched on July 5, it reported gaining more than 100 million organic users in the first five days, and it became clear the public was interested. The ease of transition, familiarity and the fact they didn’t need to learn new tech was enough to stop them from thinking: “Why even choose between the bad and the worse?”

Investing.com — U.S. stocks were rising to start the week, which features another batch of corporate earnings and the Federal Reserve’s next decision on interest rates.

WhatsApp beta update initially introduced a new integration, which is now available to all users. This integration offers support for various essential features, allowing users to respond quickly to messages without using their smartphones. However, there has been no official confirmation from the messaging platform, owned by Meta, about the potential release of WhatsApp for watchOS, which is Apple's operating system for its smartwatches.

OpenAI, the maker of ChatGPT, and Google. OpenAI and Google have created amazing large language models that power chatbots like ChatGPT and Bard. These chatbots have impressed people with their ability to mimic human creativity and knowledge.

Meta CEO Mark Zuckerberg and his Microsoft counterpart Satya Nadella have joined forces to introduce the world to Llama 2 (Large Language Model), the next generation of AI. What makes this collaboration even more intriguing is the decision to release Llama 2 as an open-source technology. This new partnership between Meta & Microsoft was announced by Zuckerberg in a power-packed Instagram post. The picture shared on Zuckerberg's handle captured the two tech titans dressed in blue, smiling for the camera as they celebrated the collaboration. His post read, «Today, we're open sourcing Llama 2 with our preferred partner @microsoft. This gives researchers and businesses access to build with our next generation large language model as the foundation of their work. Grateful to Satya and our teams for making this happen.»

Zuckerberg and burger chain Wendys on the Threads app, Musk replied: "Zuck is a cuck. The burger chain had asked the Meta CEO to go into space to make Musk really angry, and Zuckerberg had responded with a laughing emoji.