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The Latest Breaking News from Mark Zuckerberg

The $70B Wake-Up Call: Zuckerberg Finally Concedes the Metaverse Isn't What He Promised

Mark Zuckerberg's private concession that the metaverse 'isn't working' follows more than $70bn in losses and triggers a dramatic strategic shift toward AI superintelligence.

International Business Times UK

ChatGPT Killer by Meta to Launch in 2026: Zuckerberg's AI Masterplan Revealed

Meta is preparing to launch a powerful new AI model in 2026, positioned as a potential ChatGPT rival. Here is a detailed look at Mark Zuckerberg's ambitious AI masterplan

International Business Times UK

Meta Resets AI, Hardware Plans As 'Avocado' Delays, Leadership Turmoil, Cost Cuts Mount

Meta Platforms Inc (NASDAQ:META) is reshaping its artificial intelligence strategy with sweeping leadership changes, escalating investments and a decisive shift away from its open-source roots.

Benzinga

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Zuckerberg Eyes Metaverse Cuts: Why META Is Rightfully Rallying

The metaverse simply hasn't panned out. Markets are becoming more optimistic on Meta Platform's future as it ponders big cuts to this disappointing initiative.

MarketBeat

Nvidia Cleared to Sell H200 Chips to China, Resetting AI Power Dynamics

In a major trade policy shift, President Donald Trump announced the removal of export controls on Nvidia's H200 chips for 'approved customers' in China, reversing a key restriction.

International Business Times UK

Who Is Alexandr Wang? The 28-Year-Old Scale AI Founder Tapped by Zuckerberg in a $14.3B Move

Alexandr Wang, the 28-year-old founder of Scale AI, has been thrust into the global spotlight after Mark Zuckerberg tapped him for a major $14.3 billion AI initiative. The partnership cements Wang as one of tech's youngest power players.

International Business Times UK

Good news and good news: Meta is reportedly hard at work on the Quest 4 and has delayed its mixed reality glasses to 2027

Just throw a couple billion more into the MR pit.

PC Gamer

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Mark Zuckerberg's 387ft Yacht Fuels Climate Backlash — Critics Call It 'Elite Excess'

Mark Zuckerberg's new 387-foot superyacht has ignited a massive social media backlash, with critics calling it 'elite excess' and a stark contradiction to his public statements on climate change.

International Business Times UK

From Future of the Internet to Total Flop: Mark Zuckerberg Cuts Metaverse After Sims-Level Graphics Mockery

Mark Zuckerberg scales back Meta's metaverse ambitions after £57 billion ($70 billion) investment falls flat, cutting spending and refocusing on AI and core apps.

International Business Times UK

Mark Zuckerberg Delays Meta's 'Phoenix' Mixed Reality Glasses To 2027: 'Taking Extra Time To Deliver...'

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has delayed the launch of its "Phoenix" mixed reality glasses to early 2027, citing the need for more time to ensure a polished and reliable product.

Benzinga

Mark Zuckerberg says the 'most important thing' he built at Harvard was a prank website: 'Without Facemash I wouldn't have met Priscilla'

"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.

Fortune

Meta Cuts Jobs, Mark Zuckerberg Gets Richer: Wall Street Applauds Move

Shares of Meta Platforms Inc (NASDAQ:META) climbed higher Thursday after the company announced job cuts. With shares trading higher, Meta CEO and co-founder Mark Zuckerberg also saw his wealth soar, potentially at the expense of some of his company's employees.

Benzinga

Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on

Zuckerberg once framed the metaverse as the “successor to the mobile internet.”

Fortune

Meta Platforms Has Lost $73 Billion on Reality labs. Are Its Spending Cuts Enough for META Stock?

Meta cuts Reality Labs spending by 30%, focusing on profitable AI and core app projects while maintaining ad growth.

Barchart

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Barchart

Cathie Wood Is Still Buying Meta Platforms Stock. Should You?

ARK added shares in META worth $21.4 million across three ETFs.

International Business Times UK

Zuckerberg Axes Metaverse: Meta Slashes Budget By £52 Billion As VR Dream Implodes

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company toward artificial intelligence, signalling significant possible job cuts.

GOBankingRates

Scrooge or Santa? How Famous Billionaires Are Giving (or Not) in 2025

One thing the world's richest people have in common is that they all have a lot of money. One thing they don't have in common is the percentage of that money they give away to charity. While some...

Barchart

Wall Street Is Cheering Metaverse Spending Cuts at Meta Platforms, But Is META Stock a Buy Here?

Meta stock inches up on reports Mark Zuckerberg will soon announce steep cuts to metaverse spending. Jim Cramer recommends buying META shares heading into 2026.

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Benzinga

Bernie Sanders Says Likes Of Jeff Bezos And Elon Musk Now Own More Wealth Than 50% Of Americans Combined, Wonders If Thats What People Are Angry About

Sen. Bernie Sanders (I-Vt.) has renewed his criticism of extreme wealth concentration, arguing that the fortunes of three tech billionaires now eclipsing the bottom half of American households reflect a fundamentally broken economic system.

International Business Times UK

Alan Dye Leaving Apple — What Meta's New Design Chief Means for Future AI Glasses

Former Apple design chief Alan Dye has moved to Meta to lead design for its Reality Labs, a major Silicon Valley talent shift.

Fortune

Inside Silicon Valley’s ‘soup wars’: Why Mark Zuckerberg and OpenAI are hand-delivering liquid lunch to poach AI talent

Mark Zuckerberg’s soup is hand-cooked. OpenAI’s soup comes from a high-end Korean restaurant. It’s soup for the AI soul.

Fortune

While Billie Eilish slams non-philanthropic billionaires, this CEO says telling people what to do with their cash is ‘invasive’ and to ‘butt out’

William Stone has an estimated net worth of $3.8 billion and has donated millions to his hometown—but he says billionaires have the right to donate anonymously, if at all.

Benzinga

Meta Tried Poaching Talent Largely Unsuccessfully, Says OpenAI Exec: 'Zuck Actually Went And Hand Delivered Soup To People He Was Trying To Recruit'

On Tuesday, OpenAI's chief research officer, Mark Chen, says the competition for elite AI researchers has become so intense that Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg personally delivered homemade soup to candidates he hoped to lure away.

Benzinga

Jeff Bezos, Mark Zuckerberg And Elon Musk Got Richer Since Trump Came To Power, Says Bernie Sanders — New Data Shows He May Have A Point

On Tuesday, Sen. Bernie Sanders (I-Vt.) criticized billionaires' surging wealth amid rising financial strain for U.S. households.

Benzinga

Billionaire Investor Ups Meta Bet As Hedge Fund Reverses Earlier Exit

Activist investor Dan Loeb’s Third Point LLC boosted its stake in Meta Platforms, Inc. (NASDAQ:META) by 47% in the third quarter of 2025.

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