Tag: Mark Zuckerberg
Jeff Bezos sells $4 billion shares as Amazon makes viewers pay for Dolby features
Multi-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn (£3.2bn). The technology giant, which Mr Bezos founded in 1994, said he has sold 24 million Amazon shares this month. Mr Bezos, who is the firm's executive chair, last sold Amazon…
Apple shares slump, Meta shares soar on Wall Street
Apple shares slumped in after-hours trading - driven by disappointing iPhone sales in China and a warning that future revenues will fall well short of expectations on Wall Street. The gloomy market reaction overshadowed an otherwise strong financial performance in Apple's first fiscal quarter. In the three months to 30 December, the tech giant reported…
Mark Zuckerberg accused of ‘blood on his hands’, Taylor Swift pulled from TikTok
Mark Zuckerberg was one of several social media bosses accused of having "blood on [their] hands" at a hearing where companies were criticised for not doing enough to protect children from being exploited on their platforms. Mr Zuckerberg, the chief executive of Meta, which owns Facebook and Instagram, faced a sea of people who held pictures…
Rabbit AI assistant sells out, Tesla halts car production
AI start-up Rabbit is having startling early success with its new Rabbit R1 AI hardware-based assistant. The device made a splash following its unveiling at CES earlier in the week and the initial batch of 10,000 units sold out on day one. The second batch of 10,000 units sold out almost immediately with the third…
Facebook tops 3 billion users, Threads drops from 49 to 12 million users daily
Mark Zuckerberg’s social media empire has reported a jump in advertising revenues and said that 3 billion people are now regularly checking Facebook. Meta, the parent company of Facebook, Instagram and newly launched app Threads, reported an 11pc increase to revenues in the three months ending in June. The company said the number of monthly users…
Paedophiles using AI technology to create life-like child porn
Image: BBC Paedophiles are using artificial intelligence (AI) technology to create and sell life-like child sexual abuse material, the BBC has found. Some are accessing the images by paying subscriptions to accounts on mainstream content-sharing sites such as Patreon. Patreon said it had a "zero tolerance" policy about such imagery on…
ShinyShiny snippets: Is Amazon set to buy online grocery store Ocado?
Ocado’s share price has surged amid reports that Amazon could be lining up a potential bid for the owner of the online grocery store. Shares in Ocado Group spiked by around 40pc on Thursday after claims emerged that Jeff Bezos’s online empire had taken an interest in the technology and grocery business. The Times said Amazon…
ShinyShiny snippets: Meta to cut another 10,000 jobs
Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 10,000 jobs. It comes months after the tech giant laid off 11,000 employees in November 2022. Meta chief executive Mark Zuckerberg said the cuts would be "tough", and formed part of a "year of restructuring".In addition to the 10,000 jobs being lost,…
ShinyShiny snippets: Dr Maggie Aderin-Pocock ‘immortalised as Barbie Doll’
Dr Maggie Aderin-Pocock and her Barbie doll. Image: Sky News A British scientist known for her work with the largest space telescope ever made has been honoured with her own Barbie doll. Dr Maggie Aderin-Pocock has been immortalised as a one-of-a-kind plastic toy in her likeness in recognition of her achievements…
ShinyShiny snippets: WhatsApp rolls out new features for Groups
WhatsApp groups can now be brought together under one umbrella with the launch of a new communities feature. Rolling out from today, it's designed so that updates can be sent to everyone across all groups in one go, while still allowing for smaller discussions within the individual groups. Think of it like a Russian stacking…
