Mark Zuckerberg
Meta CEO Mark Zuckerberg set to testify in LA social media safety trial
Arda Kucukkaya | Anadolu | Getty Images Meta CEO Mark Zuckerberg is scheduled to testify on Wednesday in Los Angeles Superior Court as part of a landmark trial about social media and safety that’s being likened to the industry’s “Big Tobacco” moment. The trial, which began in late January, centers on a young woman who […]
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Meta expands Nvidia deal to use millions of AI chips in data center build-out, including standalone CPUs
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta will use millions of Nvidia chips in its artificial intelligence data centers, including Nvidia’s new standalone CPUs and next-generation Vera Rubin systems, in a sweeping new deal announced Tuesday. Meta CEO Mark Zuckerberg said in a statement […]
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Palantir moving its headquarters from Denver to Miami
Alex Karp, Palantir CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir is relocating its headquarters to Miami from Denver, the company announced Tuesday in a post on social media platform X. The software analytics firm is the latest big business to migrate to South Florida as executives seek to transform […]
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Instagram chief likens social media addiction to being hooked on a Netflix show in trial testimony
Instagram CEO Adam Mosseri testifies at a U.S. Senate hearing in Washington, D.C., on Dec. 8, 2021. Brendan Smialowski | AFP | Getty Images Instagram chief Adam Mosseri said Wednesday during testimony in a high-profile social media trial that he thinks there can be problematic usage of social media, but does not think it constitutes […]
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Meta starts big week in court, with opening arguments beginning in New Mexico, LA trials
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | AFP | Getty Images Meta is back in court, but this time it’s a lone defendant. Opening arguments begin on Monday in a high-profile trial […]
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Elon Musk wants to be a trillionaire — here’s how SpaceX may get him there
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth. Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845 billion, according to Forbes. […]
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Meta and Microsoft are making big moves in opposite directions after earnings
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]
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The key things Wall Street is looking for in the Mag 7 reports after the bell
Wednesday evening will bring highly awaited results from three “Magnificent Seven” giants. The bar is higher for technology stocks given elevated valuations associated with the artificial intelligence trade. Analysts are eagerly watching for any signs of growth in AI endeavors — whether it’s through physical products such as robots and smart glasses or AI-assisted software […]
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Meta set to report earnings: Update on revamped AI strategy is key to fourth quarter
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 on Wednesday will report fourth-quarter earnings, and investors will be looking for any […]
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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC […]
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