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REVEALED: 7 - The Real Truth

Why India has issued Zuckerberg ultimatum over Modi Facebook post

IN FULL

The Independent UK

India warns Zuckerberg to apologise to Modi or face legal action

Parliamentary panel says Meta chief must apologise within three days or lose Facebook’s safe harbour protection

The Independent UK

Mark Zuckerberg apologises to Indian govt over child sexual abuse material and deepfake content

Meta CEO Mark Zuckerberg has apologised to the Indian government over child sexual abuse material, deepfake content and operational errors on the company's platforms, according to government sources. During a meeting with officials, Meta also acknowledged mistakes and admitted that significant sums had been spent to boost certain types of…

The Economic Times

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Trump's Portfolio Makes New AI Bets on Google and Meta. Analysts See Up to 39% Upside

According to financial disclosures filed with the U.S. Office of Government Ethics, investment accounts linked to Trump completed more than 6,200 stock trades through May.

International Business Times

Meta officials meet MeitY Secy S Krishnan, explain reason for erroneous takedown of PM's video

Meta officials met with India's IT Ministry secretary regarding a video takedown. The parliamentary committee demanded an apology from Meta's CEO for this action. They warned of losing legal immunity if an apology was not provided. The committee also addressed online safety for women and children. Stern action was urged…

The Economic Times

Meta officials meet govt over PM Modi video takedown; panel seeks Zuckerberg apology

A parliamentary panel has demanded Meta CEO Mark Zuckerberg apologise within three days. The panel recommended losing safe harbour protection if the company fails to comply. The government met with Meta's global leadership to discuss multiple issues and concerns. These discussions will cover the Prime Minister's post and child abuse…

The Economic Times

Despite dropping out of MIT to build $159 billion fintech Stripe, its CEO has a warning for Gen Z who want to copy him: ‘That was a poor intuition’

Stripe CEO Patrick Collison left MIT twice before building a $159 billion fintech firm—but says being a dropout isn’t key to seizing AI opportunity.

Fortune

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Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside Meta

Meta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared while construction jobs are emerging. The company plans significant investments in AI infrastructure for future growth. This expansion requires extensive data centers and specialized construction labor. Many employees faced layoffs during Meta's AI-focused restructuring.

The Economic Times

Mark Zuckerberg's wife Priscilla Chan invested $125 mn in a school for poor kids. Now she is shutting it down to invest in AI

A free school for underprivileged children will close after the 2025-26 academic year. The Chan Zuckerberg Initiative is redirecting funds towards artificial intelligence and research. This decision impacts approximately 540 students who relied on its comprehensive services. The school demonstrated strong academic performance and provided essential health support. Families are…

The Economic Times

Mark Zuckerberg's wife Priscilla Chan invested $125 million in a school for the disadvantaged; now she is closing it to focus on AI

The Primary School, offering tuition-free education to low-income families, has officially closed, impacting around 540 children who depended on its support. The Chan Zuckerberg Initiative, the school's benefactor, is redirecting its resources towards biotechnology and artificial intelligence. As part of its commitment, it has announced substantial funding aimed at assisting…

The Times of India

India summons Meta global team on Aug 5-6 over PM Modi post, CSAM concern

India's government will meet Meta's global team on August 5 and 6. Officials will question the company regarding child abuse material and account safeguards. The meeting follows a temporary restriction of Prime Minister Modi's Facebook post. Meta representatives offered an apology for the Prime Minister's post incident. The government seeks…

The Economic Times

Mark Zuckerberg should apologise for removal of PM Modi's video from Facebook: IT panel chief Nishikant Dubey

A parliamentary panel demanded an apology from Meta's Mark Zuckerberg for removing Prime Minister Modi's video. Members also sought legal action and accountability for the platform's actions. Meta officials expressed regret and offered an apology for the incident. The panel questioned Meta about algorithmic bias and content moderation practices. They…

The Economic Times

Inside Miami's 'Billionaire Bunker': 7 Surprising Facts About the Secret Island Where Jeff Bezos and Mark Zuckerberg Live

Indian Creek Island, Miami's 'Billionaire Bunker', is home to Jeff Bezos, Mark Zuckerberg, and Tom Brady. Discover seven facts about this exclusive enclave of luxury and privacy.

International Business Times UK

California Democrats Defy Gov. Gavin Newsom, Endorse Billionaire Wealth Tax Proposal Ahead of November Vote

The California Democratic Party endorsed a November ballot measure to tax billionaires’ wealth, defying opposition from Gov. Gavin Newsom and several influential labor unions.

Benzinga

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Marie Claire

The Internet Is Furious Over Meta’s AI Glasses but Sales Are Booming—We Looked at Why People, Women in Particular, Are Worried

They're billed as, "the only piece in your closet that talks back"...

The Economic Times

Inside Jeff Bezos and Mark Zuckerberg's 'Billionaire Bunker' in Miami's Indian Creek Island

Indian Creek Island, known as the "Billionaire Bunker," offers extreme privacy for the wealthy. This exclusive enclave features limited homes and a private security force. Tech titans Jeff Bezos and Mark Zuckerberg own properties there. South Florida's luxury market attracts wealthy buyers seeking tax advantages. Scarcity, security, and discretion make…

Fortune

Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy

A single bridge, 24/7 police, and $150M estates make Indian Creek in Miami America’s most exclusive enclave.

TechRadar

Is bulldozing homes, seizing land, harming the climate, and replacing workers really worth everyone having an AI agent?

AI agents will soon handle your work, and your personal life - but at what cost?

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news in one place.

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Benzinga

Bernie Sanders Mocks Meta CEO Mark Zuckerberg Over Potential $10.5 Billion Tax Bill in California: 'How Will He Survive?'

Sen. Bernie Sanders (I-Vt.) on Thursday said Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg could owe about $10.5 billion if California voters approve a proposed 5% billionaire wealth tax in November, saying the revenue could help preserve healthcare for 3 million low-income people.

International Business Times

Microsoft Surges, Meta Sinks As Investors Demand Returns From AI Spending

Wall Street is beginning to reward companies that are successfully converting AI investments into measurable returns and punish those who are not.

The Independent UK

Mark Zuckerberg says billions of people will have AI agents organising their lives in five years

Claims from Meta CEO came after company reported its latest results – which showed huge spending on artificial intelligence

PC Gamer

Meta continues to insist AI spend is totally justified, potentially blowing over $8 billion on data centers

Just because Meta keeps saying AI is paying off doesn't necessarily make it true.

The Economic Times

Meta's AI splurge lays bare its compute conundrum

The Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free cash flow of just $784 million in the second quarter to run and grow its business. That collapse, of 91% from a year ago, drove its…

International Business Times

Microsoft Soared After Its Earnings Appetite For Chipmakers Returned. Stocks Soared

Stocks rebounded on Thursday, fueled by Microsoft's gains and renewed appetite for semiconductors.

PC Gamer

Meta is still flinging the equivalent of a small country's annual GDP down the Reality Labs money pit each and every quarter

Perhaps the next couple of billion will do the trick.

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