-
Elizabeth Warren Slams Mark Zuckerberg Sailing Luxury Yacht Into Seattle As Meta Axes 1,400 Jobs: 'Nothing Says Our Economy Is Broken' More Clearly
Friday, June 12, 2026 - 3:34am | 857Read More...On Thursday, Sen. Elizabeth Warren (D-Mass.) criticized Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg after his reported $300 million superyacht appeared in Seattle around the same time the company disclosed plans to cut nearly 1,400 jobs in Washington state. Warren Targets Zuckerberg's...
-
Mark Zuckerberg's $115 Million Workforce Push Gets A Sunder Pichai Follow Up Act, Alphabet CEO Says Will Train 300,000 American Tradespeople
Thursday, June 11, 2026 - 11:22pm | 940Read More...As the artificial intelligence boom fuels unprecedented demand for data centers and infrastructure, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is expanding its investment in America’s skilled trades workforce. Google Expands Skilled Trades Training Across The US On Thursday, Alphabet...
-
Meta Doubles Down, Reassigns 7,000 Employees To AI Teams While Slashing 8,000 Jobs In Mark Zuckerberg's High-Stakes Push: Report
Tuesday, May 19, 2026 - 1:04am | 894Read More...Meta Platforms, Inc. (NASDAQ:META) is reportedly reshaping its workforce around artificial intelligence by moving thousands of employees into new AI-focused divisions while simultaneously cutting roughly 8,000 jobs as CEO Mark Zuckerberg accelerates the company's massive AI ambitions. Meta's AI...
-
Mark Zuckerberg Says Meta Layoffs Are Being Driven By Soaring AI Spending, Warns More Job Cuts May Follow: 'I Wish That I Can Tell You...'
Thursday, April 30, 2026 - 10:36pm | 771Read More...Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg told employees on Thursday that the company's aggressive artificial intelligence spending is directly contributing to planned layoffs. Meta's AI Investment Reshapes Workforce Priorities During a company town hall, Zuckerberg said Meta's...
-
AI Memory Crunch Sends Storage Stocks Higher — But Big Tech Must Pay Up
Thursday, April 30, 2026 - 12:57pm | 723Read More...Memory is becoming one of the highest hidden costs in the AI arms race. Meta Platforms Inc. (NASDAQ:META) raised its 2026 capital expenditure outlook to $125 billion to $145 billion, up from a prior range of $115 billion to $135 billion. On the company's earnings call, CFO Susan Li said the...
-
Sergey Brin, Who Fled The Soviet Union, Now Warns California Could Head The Same Way As He Spends $57 Million Fighting Billionaire Tax
Thursday, April 30, 2026 - 5:53am | 775Read More...Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) board member and Google co-founder Sergey Brin, who is also a former resident of California, has warned that the state risks becoming a socialist system like the Soviet Union, as he escalates a $57 million campaign against the proposed billionaire tax....
-
Meta's Massive AI Spending Shows No Signs Of Slowing As CFO Susan Li Warns: 'We Have Continued To Underestimate Our Compute Needs'
Thursday, April 30, 2026 - 2:53am | 988Read More...Meta Platforms Inc. (NASDAQ:META) is ramping up its artificial intelligence (AI) investment plans as executives signal that the company's demand for computing power continues to exceed internal expectations. AI Infrastructure Push Accelerates Amid Rising Costs On Wednesday, during the company's...
-
When Will Meta Begin Layoffs? Report Outlines Details Of 8,000 Cuts Amid AI Focus
Saturday, April 18, 2026 - 12:33am | 739Read More...Meta Platforms (NASDAQ:META) will reportedly start its first round of mass layoffs on May 20, cutting about 8,000 employees, or roughly 10% of its global workforce, with further reductions expected later this year, as CEO Mark Zuckerberg accelerates an AI-focused restructuring. The specifics of the...
-
Google Rival DuckDuckGo Roasts Jeff Bezos' Tall Beverly Hills Fence And Mark Zuckerberg's Multi-Million Dollar Property Spree
Friday, April 3, 2026 - 9:02am | 774Read More...In a series of cheeky tweets this week, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) search engine Google's rival DuckDuckGo accused Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos and Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg of spending massive sums on personal privacy while their...
-
Elon Musk, Walmart Heirs See Q1 Wealth Gains: Bezos, Ellison, Zuckerberg & Others Hit By Stock Losses
Wednesday, April 1, 2026 - 4:31pm | 845Read More...For each of the past two years, the top 10 billionaires globally have added at least $500 billion to their combined net wealth totals. It will take a significant turnaround in 2026 for the 10 richest to add those kind of gains, with seven of the 10 richest losing net worth in the first quarter and...
-
Mark Zuckerberg Praised Elon Musk's DOGE 'Progress' In 2025, Offered To Help: 'Anything Else I Can Do'
Monday, March 30, 2026 - 4:55am | 503Read More...Court documents from 2025 have disclosed that Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg offered his assistance to Elon Musk in relation to the now-defunct Department of Government Efficiency (DOGE). The redacted documents, which were made public on Friday, reveal that Zuckerberg sent a...
-
Meta Reportedly Plans To Expand Smart Glasses Push With New Prescription Ray-Ban Models, Targeting Billions Of Everyday Eyewear Users
Monday, March 30, 2026 - 1:38am | 515Read More...Meta Platforms, Inc. (NASDAQ:META) is reportedly planning to launch two new Ray-Ban smart glasses next week. Meta Targets Prescription Wearers With New Smart Glasses The new models are specifically designed for prescription users, Bloomberg reported on Sunday, citing people with knowledge of the...
-
The 'Giving Pledge' Warren Buffett, Bill Gates Launched To Inspire Philanthropy Is Losing Steam—Signups Drop From 113 To Just 14 In 2025 (UPDATED)
Monday, March 16, 2026 - 4:31am | 589Read More...Update: The story has been updated to include Taryn Jensen’s comment. The high-profile pledge urging the world's wealthiest individuals to give away at least half their fortunes is seeing slowing momentum as fewer billionaires join and critics question its relevance. Billionaire Philanthropy...
-
Magnificent 7 Wealth Wipeout: Here's How Much The 10 Richest People Lost In 2026
Thursday, February 19, 2026 - 12:40pm | 1206Read More...The Magnificent Seven stocks are all trading down in 2026, after 2025 saw all seven trade in the green, with six of the seven up by double-digit percentages last year. The declines are having a big impact on the overall stock market and the wealth of the world's richest people. Top 10 Billionaires...
-
Meta To Cut Over 10% Jobs In Reality Labs Division Amid AI Focus: Report
Tuesday, January 13, 2026 - 4:06am | 741Read More...Meta Platforms Inc. (NASDAQ:META) is reportedly planning to cut about 10% or more jobs in its Reality Labs division, which includes the metaverse, to focus more on next-generation AI initiatives. The Reality Labs division, which currently employs around 15,000 people is responsible for virtual...
















