Meta agrees $60bn deal with chipmaker AMD despite AI bubble fears Facebook owner’s investment described by semiconductor company as ‘big bet’ on artificial intelligence The Guardian - UK · Feb 24
If Tiger Woods’ Wealth Were Evenly Distributed Across America, How Much Money Would Every Person Get? Tiger Woods is a billionaire -- but what if his $1.3 billion fortune were split across the population of America? See how much each person would get now. GOBankingRates · Feb 22
'No one deploys AI at Meta’s scale': Meta signs up Nvidia to power its next big AI projects — so what exactly do Mark Zuckerberg and Jensen Huang have planned? Meta partners with Nvidia to deploy millions of GPUs and CPUs, building scalable, privacy-focused AI infrastructure for global applications. TechRadar · Feb 21
The Luxury Yachts Owned by the World’s Billionaires For the world's wealthiest individuals, these vessels serve as private retreats, vacation homes and transportation all rolled into one. GOBankingRates · Feb 21
Mark Zuckerberg’s entourage threatened with contempt for wearing Meta AI glasses into a no-recording courtroom “This is very serious,” Judge Carolyn B. Kuhl said in response to the apparent product placement stunt. Fortune · Feb 20
Zuckerberg cuts Meta employee bonuses by 5%, follows 10% reduction last year, despite AI splurge — $130 billion capex vision and eye-watering AI pay packages force efficiency elsewhere in the business Meta reportedly cuts its stock option bonus rates for the second year in a row. 5% reduction follows 10% cut from the year before. Tom’s Hardware · Feb 20
Social media companies face legal reckoning over mental health harms to children For years, social media companies have disputed allegations that they harm children’s mental health through the way they design their platforms, deliberately addicting kids and failing to protect them sexual predators and dangerous content The Independent UK · Feb 20
Teens had ‘an addicts' narrative about their Instagram use’ — Mark Zuckerberg takes stand in trail which could reshape not just social media, but his AI and Ray-Ban XR dreams Mark Zuckerberg defends Meta in social media addiction trial, which could have major ramifications for online platforms. TechRadar · Feb 19
NVIDIA and Meta Deepen Their AI Alliance—and the Spending Numbers Are Enormous Meta Platforms and NVIDIA are expanding their alliance to deploy millions of future chips that power personal superintelligence for billions of users. MarketBeat · Feb 19
‘Enough is enough’: Bernie Sanders reminds you that billionaires, not immigrants, are ruining your life Time to break out the guillotine? We Got This Covered · Feb 19
Who is OpenClaw creator Peter Steinberger? The millennial developer caught the attention of Sam Altman and Mark Zuckerberg Steinberger made $100M off his first company and quit coding. Now he’s back to show the world the “magic” of agentic AI. Fortune · Feb 19
Teen wellbeing talks between tech rivals Mark Zuckerberg and Apple CEO Tim Cook spark new questions: Landmark trial puts Meta in hot seat over kids safety, social media addiction Mark Zuckerberg testified in a high-stakes trial where Meta faces allegations of designing platforms like Instagram to be addictive for children, contributing to mental health issues. The lawsuit, which could reshape Big Tech accountability, centers on claims that engagement-driven features harm young users. Zuckerberg defended Meta's policies while acknowledging challenges… The Times of India · Feb 19
Mark Zuckerberg gave all the right answers in ‘Big Tobacco’ moment – just not ones with any humanity ‘You expect a 9-year-old to read all of the fine print?’ Zuckerberg was asked by attorneys representing a social media user who claims her exposure to platforms owned by Meta caused negative mental health outcomes The Independent UK · Feb 18
Zuckerberg testifies in landmark social media addiction trial This is the first time Mark Zuckerberg has faced a jury in a courtroom alongside families who say that Meta's products harmed their children. Axios · Feb 18
The Guardian - US · Feb 18 Zuckerberg grilled in landmark social media trial over teen mental health Meta chief says it has improved identifying underage users but adds ‘I always wish we could have gotten there sooner’
The Independent UK · Feb 18 A jury will soon decide if social media addictions are harming children. These families have already felt the pain The bellwether trial against tech behemoths Meta and Google could set the course for the 1,600 other plaintiffs across the country
The Independent UK · Feb 18 Zuckerberg takes stand in social media trial as jury hears that he’s trained on how to avoid being ‘fake, robotic and corporate’ Wednesday’s court proceedings marked the first time Mark Zuckerberg has appeared at a civil trial
The Independent UK · Feb 18 Watch live as Meta’s Mark Zuckerberg testifies at addiction trial Watch live as Mark Zuckerberg is questioned about Meta’s impact on the mental health of young users at a social media addiction trial on Wednesday (18 February).
Euronews · Feb 18 Meta CEO Mark Zuckerberg to testify in trial over alleged social media harm to children A 20-year-old woman going by the name KGM alleges in a lawsuit that her use of Meta and Google platforms as a child fostered depressive and suicidal thoughts.
The Independent UK · Feb 18 Mark Zuckerberg to testify in watershed trial about impact of social media on children Zuckerberg to give evidence in trial about addictiveness of Meta’s platforms
The Guardian - US · Feb 15 California’s billionaires pour cash into elections as big tech seeks new allies As Gavin Newsom departs, ultra-wealthy flex wealth and influence to fight regulation and keep the boom going
The Independent UK · Feb 13 Meta plans to add facial recognition software to its glasses despite security and privacy concerns Leaked memo suggests the company is well aware of the potential pitfalls of introducing controversial technology. Meta says it’s still “thinking through the options”
MarketBeat · Feb 13 META Resets Reality Labs, Grows Message Sales as Ad Engine Roars As Meta's advertising business booms, the company buys itself time to further AI monetization through glasses, business messaging, and Manus.
GOBankingRates · Feb 13 What If There Was a Maximum Net Worth? The idea gets tossed around: What if the wealthy had to give their money away after a certain net worth? Find out the potential positive and negative impacts.