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“‘Everyone at Twitter hates him now’” In the league of legends of Silicon Valley, Jack Dorsey — the co-founder of Twitter who stepped down as CEO a year ago this month — has long had a reputation as the cool hippie with the beard who likes to go off and meditate in between dating models and…
” FTX CEO dissects Mark Zuckerberg’s intent to pump $10B/year into Meta “ Facebook’s rebranding into Meta was Mark Zukerberg’s latest attempt to retain dominance in the social media world of Web3, specifically, the Metaverse. On the occasion of Meta completing one year on the rebrand, Sam Bankman-Fried (SBF), the CEO of the crypto exchange…
” Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail? “ Not everyone is convinced that Mark Zuckerberg’s massive metaverse experiment is a good idea. Since Facebook rebranded to Meta in 2021, the social media giant’s focus has increasingly shifted to connecting the digital and physical worlds through augmented reality. However, a shareholder of…
“Jim Cramer chokes up as he apologizes for pushing Meta stock” Jim Cramer appeared to choke up during Thursday’s broadcast of CNBC’s “Squawk on the Street” as the investor apologized to viewers for previously recommending they buy shares of Meta — which tumbled to their lowest levels in six years. “Let me say this,” a…
“Meta employees told to ‘put in 200% effort’ to protect jobs as potential layoffs loom” Meta employees are reportedly being pushed to work twice as hard to protect their jobs at the troubled tech titan as workers brace for sweeping layoffs. “Zuck’s message was loud and clear: You have three months to prove your worth,…
” Metaverse losses top $3.6B for Meta with spending set to increase “ Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs with a $3.67 billion loss posted for the third quarter of 2022, stating those losses will further deepen next year. The company’s Q3 2022…
“Mark Zuckerberg uses private jet frequently despite climate activism” Facebook CEO Mark Zuckerberg, an outspoken proponent of climate change activism, owns a private jet which burned more than $158,000 worth of jet fuel in less than two months. Zuckerberg’s jet, a Gulfstream G650, has burned at least $158,448 worth of jet fuel across 28 different trips…
“Kanye West Restricted On Instagram After Anti-Semitic Post! “ Well, we aren’t surprised by this news… According to NBC News on Saturday, a spokesperson for Meta said Instagram slapped restrictions on Kanye West’s account for violating the social media platform’s rules and guidelines. The company has a policy of placing restrictions on users after repeated…
“Facebook to purge thousands of workers in ‘quiet layoffs’” Facebook executives are in the process of executing “quiet layoffs” of underperforming workers that could lead to thousands of employees getting pink slips, according to a report. Several employees told the news site Insider that as much as 15% of the company’s workforce could be slashed…
“Rumors fly over Mark Zuckerberg ‘renting out UFC ring to fight MMA match’” Facebook founder and jiu-jitsu enthusiast Mark Zuckerberg‘s expected attendance at a mixed martial arts event in Las Vegas this weekend has the internet buzzing that the billionaire may step into the ring for a match. Mackenzie Dern, a women’s strawweight contender who…