Mark Zuckerberg
Wall Street hates Meta’s AI spending guidance raise. We don’t
Meta Platforms shares were taking a beating in extended hours trading on Wednesday after management raised its expense guidance and took a massive tax charge. Revenue in the three months ended Sept. 30 climbed 26% year over year to $51.24 billion, easily outpacing the consensus estimate of $48.14 billion, according to LSEG. Adjusted earnings per share […]
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Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg is sounding a familiar tune when it comes to artificial intelligence: better to invest too much than too little. […]
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Meta’s Reality Labs posts $4.4 billion loss in third quarter
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta continues to sink money into the metaverse, anchored by virtual reality and augmented […]
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Meta’s AI app has seen growth soar since launch of Vibes, but trails OpenAI’s Sora
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta’s AI app has seen a major jolt in downloads since launching its Vibes […]
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OpenAI’s spending bonanza has Wall Street focused on capex in Big Tech earnings reports
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images OpenAI’s head-spinning investments announced in recent months have led to increased scrutiny of the hyperscalers, which are all racing to develop infrastructure for the accelerating […]
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Meta’s co-founder says being a CEO for 13 years was exhausting: I ‘put on this face day after day’
Dustin Muskovitz, co-founder and chairman at Asana. Stefanie Keenan | Getty Images Entertainment | Getty Images Meta’s co-founder Dustin Moskovitz opened up about the pains of leadership and admitted that 13 years of being a CEO was “exhausting.” Moskovitz, one of the original founders of Meta, formerly Facebook, co-founded the social platform in 2004 alongside Mark […]
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Samsung and Google attempt to one-up Apple with AI-powered headset
Samsung Galaxy XR Headset Courtesy: Samsung It’s been more than 17 years since the modern smartphone era began with the launch of the iPhone, and tech companies have been obsessed with trying to disrupt it ever since. The most common approach is mixed reality XR headsets: computerized goggles that put all of your apps and […]
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Facebook founder Zuckerberg must take witness stand at social media safety trial, judge rules
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple […]
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Ray-Ban maker EssilorLuxottica says Meta smart glasses are boosting growth
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images EssilorLuxottica said a healthy amount of its revenue growth in the third quarter was due to its partnership with Meta, primarily from its Ray-Ban brand, to […]
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This Meta alum has spent 10 months leading OpenAI’s nationwide hunt for its Stargate data centers
Keith Heyde stands on site in Abilene, Texas, where OpenAI’s Stargate infrastructure buildout is underway. Heyde, a former head of AI compute at Meta, is now leading OpenAI’s physical expansion push. OpenAI It wasn’t how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon, Heyde spent late […]
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