(Bloomberg) — Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner,...
Tag: Zuckerbergs
This Is Mark Zuckerberg’s Greatest Threat — And He’ll Never Win Against It
This segment of What’s Ahead makes the point that free markets, where competition is unimpeded, are far more effective regulators than government antitrust bureaucrats. A prime example is what’s happe...
Twitter Reacts to Mark Zuckerberg’s $100 Billion Net Worth Loss
Online advertising sluggishness, competition from TikTok, and increasing skepticism about the Metaverse led to a disappointing third-quarter earnings report Oct. 26 for Meta (META) . Shares closed Oct...
S&P 500: Mark Zuckerberg’s Pipe Dream Turns Into $588 Billion Nightmare
Mark Zuckerberg’s plan to dominate the metaverse is turning into a nightmare for everyone. And it’s costing the real world serious cash: $588 billion to be exact. X Shares of S&P 500 m...
Mark Zuckerberg’s net worth has plunged by more than $70B this year — the most among the 500 richest people. Here are 3 big reasons it could sink even more
Mark Zuckerberg’s net worth has plunged by more than $70B this year — the most among the 500 richest people. Here are 3 big reasons it could sink even more The world’s richest people have lost a...
Zuckerberg’s Avatar is Trending on Snapchat
Mark Zuckerberg is the owner of Meta (formerly known as Facebook). He released a selfie of his virtual avatar which the users are now using on Snapchat. Matt Reed, a technologist, created a Snapchat f...
Ethereum creator dumps cold water on Zuckerberg’s Web3 dreams
Many investors have suspected Mark Zuckerberg’s dream of the metaverse is doomed to fail, prompting Meta stock to more than halve over the past six months. Now they have a prominent critic to su...
What Zuckerberg’s money can’t buy
Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox...
Mark Zuckerberg’s Sister Sings to Crypto – Trustnodes
Randi Zuckerberg, the sister of the multibillionaire Meta founder Mark Zuckerberg, has published a song dedicated to crypto and web3. “I sing this song, surrounded by new friends, as a rallying cry fo...
‘Zuckerberg’s sister just committed a crime:’ users ridicule new crypto anthem
Randi Zuckerberg, the former director of market development and spokesperson for Facebook and Mark Zuckerberg’s sister, has recently published a new crypto-endorsing music video titled “We’re all gonn...
Dorsey: BTC Should Have Been Zuckerberg’s Main Project
In a recent interview, Jack Dorsey – the man behind billion-dollar companies such as Square and Twitter – said that Mark Zuckerberg – the CEO of Facebook, now Meta – was wrong to try and start his own...
Mark Zuckerberg’s stablecoin project Diem officially shuts down
Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative. Announcing the news on M...
Bank that bought assets from Zuckerberg’s Diem plans to launch stablecoin
Silvergate Capital CEO Alan Lane told CNBC on Monday the bank holding company hopes to launch a stablecoin by the end of this year, following its acquisitions of assets and intellectual property from ...
Zuckerberg’s Diem project could breathe new life under Silvergate
Diem is a cryptocurrency that formerly went by the name of Libra. It was essentially this permissioned blockchain-based stablecoin payment system, originally proposed by Meta Platforms, which was at t...
Diem Up For Sale? Zuckerberg’s Crypto Dream Falls Apart
Meta (formerly Facebook) is reportedly looking to sell the Diem cryptocurrency project along with all its associated assets. Diem To Be Sold? Mark Zuckerberg had high hopes for his cryptocurrency pro...