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THE TRUTH ABOUT: 2 | History Defined

Mark Zuckerberg's $400M Superyachts Arrive In Seattle As Meta Cuts Local Jobs: Fleet Costs $45M A Year To Run

Explore Mark Zuckerberg's $400M superyacht fleet, including the $100M 'Wingman', docked in Seattle amid scrutiny and Meta's job cuts. Discover the costs and features of these luxury vessels.

International Business Times UK

Meta Contractors Protest Layoffs In European Headquarters, Say They Are Treated Different Than Employees

Meta contractors protested at the company's European headquarters, saying their layoff packages are different than the ones given to full-time employees.

International Business Times

The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race

The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richest people has increased to around $2.9 trillion. This rise mainly occurred during the past month,…

The Times of India

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Meta Platforms Investors Reject Proposals as Zuckerberg Bets Big on AI

Meta Platforms (NASDAQ:META) shareholders rejected a slate of outside investor proposals at the company’s 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta’s core apps and advertising, pe

MarketBeat

Conan O'Brien tells Harvard graduates to play down their $250K Ivy League degree—and instead embrace being humble and ‘bad at things’

Comedian Conan O’Brien said his Harvard education sometimes hurt his career—and now he’s urging Gen Z not to let a degree define them.

Fortune

Pam Bondi’s Cancer Battle Didn’t Stop Trump From Shoving Her Into a Tech Advisory Role Packed With His Billionaire Buddies

The Trump administration has been struggling to find its footing on AI policy.

The Mary Sue

Meta commits extra funding to oversight board until 2028

Meta's Oversight Board has secured additional funding for its operations until 2028. This watchdog makes binding decisions on content moderation across Meta's platforms. The board previously criticised Meta for dismantling US fact-checking operations and easing restrictions on sensitive topics. Meta CEO Mark Zuckerberg initiated these changes, citing concerns about excessive…

The Economic Times

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Meta cloud computing business ‘definitely on the table’, Mark Zuckerberg says – excess data center capacity could be used to enter the market

If Meta has surplus compute, CEO Mark Zuckerberg says he wouldn't rule out selling this under a potential cloud business.

TechRadar

Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and more

Meta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. This significant workforce reduction, impacting technical roles, is part of the company's strategic pivot towards AI initiatives and a broader restructuring effort. Bellevue will see the largest impact with…

The Economic Times

Even if every California billionaire left overnight, a wealth tax would help the state come out ahead for 25 years

The Golden State might be able to stomach more ultra-wealthy departures than first feared.

Fortune

Meta Layoffs: Mark Zuckerberg Concedes Company Communicated Poorly as It Lays Off 8,000 Employees

Meta's massive layoffs are tied to Mark Zuckerberg's vast AI spending plans, even as he promises no further company‑wide cuts this year and admits communication has been poor.

International Business Times UK

Mark Zuckerberg's philanthropic venture unveils AI world model for drug discovery

Biohub, a venture by Mark Zuckerberg and Priscilla Chan, has launched a protein biology world model. This advanced AI tool aims to speed up drug discovery. The model learns from evolutionary data to understand protein functions. Researchers have already used it to design new protein binders for cancer and immune…

The Economic Times

Trump's New AI Adviser is Former AG Pam Bondi, Who Faced Pressure and Backlash Over Epstein Files

Pam Bondi joins Trump's AI advisory council, sparking debate over her past controversies and recent health recovery, highlighting her continued influence within Trump's political network.

International Business Times UK

Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cuts

Meta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring that affected around 8,000 workers. The announcement comes after widespread job cuts linked to Meta’s increased investment in artificial intelligence. Zuckerberg also acknowledged shortcomings in communication during the process,…

The Economic Times

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International Business Times UK

Meta Layoffs 2026: Mark Zuckerberg May Have Given The Best Severance Package For The 8,000 Employees Fired Recently

Meta is laying off 8,000 employees globally as it restructures to focus on AI. The company offers generous severance packages amid concerns over AI reliance.

The Economic Times

ETtech Explainer: Everything to know about Meta’s Forum and Instants apps

Forum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns Instagram into a more spontaneous, Snapchat and BeReal-like space for ephemeral photo sharing.

International Business Times UK

Leaked Video Shows Departing Meta Engineer Mocking AI Layoff Culture in Viral 'American Pie' Parody Farewell

Meta's AI-driven layoffs led to a creative farewell from David Frenk, who used a parody video to critique the company's shift, highlighting the impact on human workers.

The Guardian - US

The devil owns Amazon: big tech has infiltrated the fashion world – will we see a revolt?

Anna Wintour has welcomed the Bezoses – and their patronage – with open arms. But after a controversial Met Gala, industry insiders are less enthusiastic

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The Guardian - US

How big tech got its way on Trump’s AI executive order

The US president’s reversal on calling for a safety review of new AI models is a green light for tech’s unchecked power

The Economic Times

Who killed US President Donald Trump's AI order? Musk says it wasn't him

President Donald Trump's executive order on powerful AI models has collapsed. Allies in Silicon Valley reportedly convinced the president to pull the plug. The order aimed to implement new AI cybersecurity measures. This development highlights Washington's struggle to agree on AI guardrails. The United States lags behind Europe and Asia…

The Economic Times

Quote of the Day by Mark Zuckerberg amid Meta layoffs: "People don't care about what you say, they care about..."

Quote of the Day by Mark Zuckerberg: Meta CEO Mark Zuckerberg's quote, 'People don't care about what you say, they care about what you build,' gains prominence. This comes as Meta initiates significant layoffs. The company's aggressive pivot towards AI highlights the importance of tangible creation and measurable results. Employees…

Fortune

The tech bro billionaires won the fight over the AI executive order. But are they losing the war?

Former AI czar David Sacks along with Elon Musk and Mark Zuckerberg swayed Trump against the executive order

The Independent UK

Trump cancels AI executive order over China fears

US president calls off plan to add safety guardrails amid pressure from Elon Musk and Mark Zuckerberg

The Times of India

How Priscilla Chan and Mark Zuckerberg's $75 million gift changed the face of San Francisco's public healthcare

Philanthropy is shifting from funding elite research to bolstering underfunded municipal health services. A historic $75 million donation to San Francisco General Hospital by Priscilla Chan and Mark Zuckerberg exemplifies this, reinforcing public infrastructure for vulnerable populations. This community-first approach prioritizes equitable access and strengthens the safety net for those…

Fortune

Meta laid off 10% of its workforce as Mark Zuckerberg warns that in the AI race ‘success isn’t a given’

Meta in the first quarter reported $56.31 billion in revenue, its biggest year-over-year increase in five years.

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