Watch Live: Zuckerberg and other tech execs testify about child safety practices

CBS News Live 2 Live Meta CEO Mark Zuckerberg and four other leaders of social media companies are being reprimanded by lawmakers on Wednesday for not doing enough to safeguard kids online. The Senate hearing opened with videos of people describing being sexually exploited on Facebook, Instagram and X, with Sen. Lindsey Graham telling Zuckerberg … Read more

CEOs of Meta, TikTok, X and other social media firms testify at hearing on child safety

Mark Zuckerberg, Linda Yaccarino, Evan Spiegel and other leading social media executives are facing a grilling from lawmakers concerned about child exploitation and safety on their services. The three CEOs—who lead Meta, X (formerly known as Twitter) and Snap, respectively—are in Washington on Wednesday alongside TikTok CEO Shou Zi Chew and Discord CEO Jason Citron, … Read more

Tech layoffs jump in January as Alphabet, Meta, Microsoft reach high

L-R: Mark Zuckerberg, CEO of Facebook, Satya Nadella, CEO of Microsoft, and Sundar Picahi, CEO of Google. Reuters | Getty Images | Getty Images The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, … Read more

Meta’s AI Reorg To Build Super Chatbots And Attract Top Minds Raises Concerns

Mark Zuckerberg is catching flak for his ambitious artificial intelligence (AI) project, which involves building a powerful AI system with human-level intelligence. Shedding some light on the company’s AI efforts in an Instagram Reel video, Zuckerberg said that Meta’s AI research group, Fundamental AI Research (FAIR) will work alongside the team building generative AI products … Read more

Sheryl Sandberg, who helped turn Facebook into digital advertising empire, to leave company board

Sheryl Sandberg, who helped to transform Facebook from a tech start-up into a digital advertising empire, will step down from the board of Meta, Facebook’s parent company. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for re-election this May,” Sandberg … Read more

‘Right time to step away’

Former Meta chief operating officer Sheryl Sandberg announced on Wednesday that she is leaving the company’s board of directors. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” Sandberg said in a statement. “After I left my role as … Read more

Sheryl Sandberg says she’s leaving Meta’s board

Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Former Meta operating chief Sheryl Sandberg is leaving the company’s board of directors. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this … Read more

Widening Wealth Gap: World’s First Trillionaire Predicted in a Decade as the Poor Gets Poorer

The world’s five wealthiest individuals have reportedly doubled their fortunes, amassing unprecedented wealth, even as the plight of the poorest segments of society worsens. The collective fortunes of the five richest men in the world — Elon Musk, Jeff Bezos, Bernard Arnault, Larry Ellison and Mark Zuckerberg have surged to an astounding £681.5 billion since … Read more

Elon Musk Calls Mark Zuckerberg A ‘Charmer’ On Post About Facebook’s Early Days

Elon Musk recently dropped a sardonic “charmer” label on Mark Zuckerberg in response to a nostalgic Facebook post, further fueling speculations about the long-standing rivalry between the tech giants. Musk and Zuckerberg have been making headlines for their rivalry for a while now. There was a lot of hype surrounding a proposed cage fight between … Read more

Meta Chief Mark Zuckerberg Feeds His Cows Expensive Meal, Artisanal Beer To Create ‘Best Beef’

Meta founder Mark Zuckerberg has now made his debut in the farming sector. The tech billionaire has begun raising cows at his massive ranch in Hawaii to produce the “world’s best-quality meat”. He took to Instagram on Wednesday and posted a picture of himself eating a steak, along with a caption that detailed exactly how … Read more