Tag • #mark zuckerberg

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It’s Mark Zuckerberg as we’ve never seen him! But what’s really behind the new look? | Arwa Mahdawi

news.movim.eu / TheGuardian · 5 days ago - 15:28

With his interchangeable T-shirts and short neat hair, Facebook’s founder famously ‘never tried to be cool’. Is his makeover just a distraction from what’s going on at Meta?

A vibe shift is afoot in Silicon Valley. For aeons, the movers and shakers of the tech industry signalled that they were serious people working on serious things via their simple outfits. Crypto mogul Sam Bankman-Fried (now in jail) always looked as if he had rolled out of bed and forgotten to change out of his pyjamas. The late Steve Jobs famously adopted a uniform of black polo necks. Mark Zuckerberg, meanwhile, once boasted that he owned and wore multiple versions of the same T-shirt because it was efficient.

“I’m not a cool person and I’ve never really tried to be cool,” Zuckerberg said in a 2014 Q&A . “I really want to clear my life so that I have to make as few decisions as possible … I feel like I’m not doing my job if I spend any of my energy on things that are silly or frivolous.” That attitude seemed to extend to his hair, which has always been kept Lego-style short.

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Meta value falls $190bn as investors react to plan to increase spending on AI

news.movim.eu / TheGuardian · Thursday, 25 April - 14:00

Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products

Business live – latest updates

Shares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off the value of the Facebook and Instagram parent company, as investors reacted to a pledge to ramp up spending on artificial intelligence.

Mark Zuckerberg, Meta’s founder and chief executive, said on a conference call on Wednesday that spending on the technology would have to grow “meaningfully” before the company could make “much revenue” from new AI products.

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Meta shares tumble as weak revenue guidance overshadows AI boom

news.movim.eu / TheGuardian · Wednesday, 24 April - 21:00

Push to integrate AI into Meta products boosts financial results, with sales and profits beating analysts’ expectations

Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a row. But its share price slumped more than 12% as the company reported earnings Wednesday, as a weak sales forecast and higher spending guidance rattled investors.

Revenue at the world’s largest social media business increased 27% to $36.46bn during the first quarter in contrast to analyst expectations of $36.16bn. Earnings per share more than doubled to $4.71, surpassing expectations on Wall Street of $4.32.

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Meta debuts Horizon OS, with Asus, Lenovo, and Microsoft on board

news.movim.eu / ArsTechnica · Monday, 22 April - 21:19

Enlarge / The Meta Quest Pro at a Best Buy demo station in October 2022.

Meta will open up the operating system that runs on its Quest mixed reality headsets to other technology companies, it announced today.

What was previously simply called Quest software will be called Horizon OS, and the goal will be to move beyond the general-use Quest devices to more purpose-specific devices, according to an Instagram video from Meta CEO Mark Zuckerberg.

There will be headsets focused purely on watching TV and movies on virtual screens, with the emphasis on high-end OLED displays. There will also be headsets that are designed to be as light as possible at the expense of performance for productivity and exercise uses. And there will be gaming-oriented ones.

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Six tips for budding centibillionaires (No 1: come from a very wealthy family) | Caroline Knowles

news.movim.eu / TheGuardian · Saturday, 6 April - 06:00 · 1 minute

The world’s richest people are mostly American, big in fintech, and started near the top. Where does that leave the rest of us?

There is a tiny new elite at the frontier of money-making and they are known as the centibillionaires. These titans of the universe have personal assets of at least $100bn, and there are now 14 of them in the world – up from six last year. You will find them listed, compared and celebrated by the Bloomberg billionaires index and the Forbes world’s billionaires list , which has just been published.

Thanks to these annual tallies of the superwealthy, we know that 2,781 people worldwide – 141 more than last year – have personal wealth of $1bn or more. And that Taylor Swift is now one of them. And that their collective wealth – about $14.2tn – is more than the GDP of any country except the US and China. But centibillionaires are this group’s porous top tier, described by Forbes as those who have “done much better than the average billionaire”, and their wealth is unimaginable to most of us.

Caroline Knowles is global professorial fellow at Queen Mary University of London, and the author of Serious Money: Walking Plutocratic London

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Facebook secretly spied on Snapchat usage to confuse advertisers, court docs say

news.movim.eu / ArsTechnica · Wednesday, 27 March - 20:25

Facebook secretly spied on Snapchat usage to confuse advertisers, court docs say

Enlarge (credit: NurPhoto / Contributor | NurPhoto )

Unsealed court documents have revealed more details about a secret Facebook project initially called "Ghostbusters," designed to sneakily access encrypted Snapchat usage data to give Facebook a leg up on its rival, just when Snapchat was experiencing rapid growth in 2016.

The documents were filed in a class-action lawsuit from consumers and advertisers, accusing Meta of anticompetitive behavior that blocks rivals from competing in the social media ads market.

"Whenever someone asks a question about Snapchat, the answer is usually that because their traffic is encrypted, we have no analytics about them," Facebook CEO Mark Zuckerberg (who has since rebranded his company as Meta) wrote in a 2016 email to Javier Olivan.

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Mark Zuckerberg très critique face au Vision Pro “il ne vaut pas son prix”

news.movim.eu / JournalDuGeek · Monday, 11 March - 07:34

Zuckerberg Meta Quest 3

Apple a commercialisé au début du mois de février le Vision Pro, son premier casque de réalité virtuelle. Mark Zuckerberg n'est pas un grand fan.

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The latest billionaire trend? Doomsday bunkers with a flammable moat

news.movim.eu / TheGuardian · Sunday, 25 February - 11:12

Is all this bunker-building a sign the 1% know something we don’t and are preparing for end times?

What’s your plan for the apocalypse? I’ll tell you what mine is: death. I am not really built for battle – I need five cups of coffee just to function and I have terrible allergies. My body can’t even handle pollen, it’s not going to do well with nuclear war. Plus, even if I was hardier – who wants to live a few extra months in a completely destroyed world?

Billionaires. Billionaires do. As you have probably noticed bunkers have become the ultimate status symbol among the 1%. The bunker craze, accelerated by the pandemic, has been going on for a while now. However I’m starting to think that bunker-fever is getting out of hand. The rich are no longer content with run-of-the-mill $500,000 survival shelters, they’re taking things to the next level: a development which should probably worry us all.

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Our unbiased take on Mark Zuckerberg’s biased Apple Vision Pro review

news.movim.eu / ArsTechnica · Thursday, 15 February - 22:00

Enlarge / No way would Zuckerberg be photographed wearing a Vision Pro, but let's just imagine he's looking at a picture of one in his headset here... (credit: @zuck Instagram | Aurich Lawson)

Since the launch of the Apple Vision Pro, it's not been hard to find countless thoughts and impressions on the headset from professional reviewers and random purchasers. But among all those hot takes, the opinions of Meta CEO Mark Zuckerberg stand out for a few reasons—not least of which is that he and his company have spent years of development time and lost tens of billions of dollars creating the competing Quest headset line.

For that reason alone, Zuckerberg's Instagram-posted thoughts on the Vision Pro can't be considered an impartial take on the device's pros and cons. Still, Zuckerberg's short review included its fair share of fair points, alongside some careful turns of phrase that obscure the Quest's relative deficiencies.

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A post shared by Mark Zuckerberg (@zuck)

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