Mark Zuckerberg

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Threads Is Going Gangbusters
Threads Is Going
Gangbusters
the rundown
Jul 9, 2023 10:00 AM CDT

Threads Is Going Gangbusters

Mark Zuckerberg's Twitter rival probably has about 100M new signups by now

(Newser) - If Elon Musk were hoping Mark Zuckerberg's Twitter rival would flop upon arrival, it's clear by now his hopes have been dashed. Zuckerberg wrote Friday on Threads that the new platform had logged 70 million signups in less than 48 hours, reports the Guardian . The Meta CEO hasn'...

Threads Is Breaking Download Records

Zuckerberg says new app was downloaded 30M times in first day

(Newser) - "Round one of this thing is off to a good start," Meta CEO Mark Zuckerberg remarked on the company's Threads social network Thursday. He said that, in "as good a start as we could have hoped for," the app, which went live Wednesday night, had...

Execs Say 10M Joined Threads in First 7 Hours

It was 'quite the first day,' Instagram CEO says

(Newser) - Threads, the new social media app from Instagram, went live Wednesday , 15 hours earlier than scheduled, and execs say the response was massive, with 10 million people signing up in the first seven hours. In a video posted on the platform, a clearly exhausted Adam Mosseri, chief executive of Instagram,...

Zuckerberg's 'Twitter Killer,' Threads, Goes Live

Meta boss announces launch with a dig at the competition

(Newser) - Threads, Meta's text-based messaging app that looks a lot like Twitter and is intended to challenge that platform, went live Wednesday. Mark Zuckerberg made the announcment in a post to his Threads account, including a shot at Twitter. He said his intention is for Threads to remain "friendly...

Musk-Zuckerberg Cage Fight Is a Goof, Right? Maybe Not

'NYT' reports that it is surprisingly close to becoming reality

(Newser) - Last month, Elon Musk and Mark Zuckerberg agreed on social media to fight a "cage match." And if you're thinking this strange idea is just a PR exercise that will never come to pass, the New York Times has a story that might convince you otherwise. The...

Musk, Zuckerberg Agree to Cage Fight

'Send me location,' Meta CEO says in response to Twitter owner's challenge

(Newser) - Two of the most high-profile tech billionaires have just agreed to a cage fight. Twitter's executive chairman Elon Musk initially challenged Mark Zuckerberg, tweeting that he was "up for a cage match" with the Meta CEO, who's been training in jiu jitsu. Zuckerberg then shared a screenshot...

Zuckerberg: Apple's Vision of Computing Isn't One I Want

Meta chief isn't impressed with rival's new headset

(Newser) - Meta's Quest and Quest Pro headsets have been the leading goggles for accessing the somewhat moribund metaverse. However, Apple's announcement of its long-awaited entry into the augmented and virtual reality game, the Vision Pro , changed the game immediately—and according to Variety , Meta co-founder Mark Zuckerberg has...

An Obituary for Mark Zuckerberg&#39;s Metaverse
The Metaverse
Is Dead, and Meta
May Be Next
OPINION
May 9, 2023 4:24 PM CDT

The Metaverse Is Dead, and Meta May Be Next

Ed Zitron at Business Insider writes a scathing indictment of the CEO's leadership

(Newser) - The Metaverse still exists, but Ed Zitron at Business Insider has written an obituary for Mark Zuckerberg's brainchild. Literally: "The Metaverse, the once-buzzy technology that promised to allow users to hang out awkwardly in a disorientating video-game-like world, has died after being abandoned by the business world,"...

Zuckerberg Wins Gold at Jiu-Jitsu Competition

After an apparent argument with the ref over one match

(Newser) - Mark Zuckerberg competed in his first jiu-jitsu tournament Saturday, and came away with a gold and a silver medal, he posted on Instagram . Video taken at the tournament shows some of the Facebook founder's moves, USA Today reports. According to Sports Illustrated , Zuck, who started training in jiu-jitsu during...

More Meta Layoffs Ahead, Before Zuckerberg's Paternity Leave

Thousands of employees could be let go as soon as this week as company looks to keep flattening

(Newser) - Mark Zuckerberg is set to go on "imminent" paternity leave for the birth of his third child, and another round of his employees are set to go on permanent leave before that, reports Gizmodo . The number of heads to roll isn't clear, but Bloomberg says, citing insiders, that...

Meta: Give Us Money, ID and We'll 'Verify' Your FB, IG

You'll get a special badge for that $14.99 you're forking over ($11.99 for the web)

(Newser) - Last year, Elon Musk's Twitter launched its Twitter Blue subscription service , a paid verification that offers users a blue check mark next to their name, as well as other perks, like being able to edit your tweets. Now Meta is following suit with something similar: CEO Mark Zuckerberg announced...

Meta Stock Is Having Best Day in a Decade

Parent company of Facebook has investors optimistic about 2023

(Newser) - Thursday is turning out to be a very good day for Facebook parent company Meta and CEO Mark Zuckerberg. Shares in the company had surged 26% by midday, reports the Wall Street Journal . Assuming the pace keeps up, this will wind up being the company's best stock day since...

Meta Says It Lost Nearly $14B on VR Project Last Year

Zuckerberg says 2023 will be 'year of efficiency'

(Newser) - While Mark Zuckerberg's bet on virtual reality could still pay off, it's definitely been an expensive gamble: Meta said Wednesday that its Reality Labs division had a $4.28 billion operating loss in the fourth quarter of 2022, bringing its losses for the year to $13.7 billion,...

Mark Zuckerberg Has a Problem With Apple, Too

CEOs of Meta, Spotify, Fortnite also complain of company's 'monopoly'

(Newser) - Elon Musk may have eased his censure of Apple , but his initial attacks have ushered in a heap of criticism from elsewhere. Fellow billionaire Mark Zuckerberg echoed Musk's complaints that Apple has too great a hold on the app market on Wednesday. "Apple has sort of singled themselves...

'I Got This Wrong': Meta to Move Forward With Mass Cuts

Mark Zuckerberg announces workforce will shrink by 13%

(Newser) - Meta CEO Mark Zuckerberg on Wednesday confirmed that the first mass layoffs in the company's history are happening, with 11,000 "talented employees"—or 13% of the workforce—to be cut. Meta's hiring freeze will also persist through Q1. The Wall Street Journal confirms it marks...

For First Time, Zuckerberg Readies Mass Layoffs

Meta, parent of Facebook, will reportedly lay off thousands of people this week

(Newser) - Twitter employees aren't the only tech staffers facing a bleak November : Facebook parent company Meta is expected to announce its biggest wave of layoffs since Mark Zuckerberg founded it in 2004, reports the New York Times . The numbers are unclear, but Wall Street Journal predicts "many thousands" of...

Meta Stock Plummets After Dismal Earnings Report
Meta Stock Plunges
After a Dismal
Earnings Report
the rundown
Oct 27, 2022 12:00 AM CDT

Meta Stock Plunges After a Dismal Earnings Report

Analysts are concerned about the future of Facebook's parent company

(Newser) - Meta's third-quarter earnings call Wednesday did not have great news for investors: For the second consecutive quarter, revenue declined, and it's forecasted to do so again next quarter. Meanwhile, costs and expenses rose 19% year over year. Shares plummeted in extended trading after the call, continuing what CNBC...

Tech Tycoons Have Had a Rough Year. None Like Zuckerberg

Meta CEO has hemorrhaged $71B since Jan. 1—more than half his wealth

(Newser) - Don't worry, Mark Zuckerberg is still a billionaire—but he's lost many, many of those billions over the past several months. In what Bloomberg describes as a rough year for most tech billionaires, it's been an especially bumpy one for the Meta CEO: He's lost $71...

Sources: Note in Exploded Package Named Famous Person

Writer slammed Mark Zuckerberg, VR developers: law enforcement officials on Northeastern incident

(Newser) - Update: A hard plastic container that exploded at Northeastern University on Tuesday evening contained a note criticizing the relationship between universities and virtual reality developers—and that called out Meta CEO Mark Zuckerberg specifically. That's according to CNN , which cites law enforcement sources. ABC News also describes "an...

Cambridge Analytica Deal Averts Zuckerberg Deposition

Facebook reaches tentative agreement on privacy lawsuit

(Newser) - Facebook has agreed to settle a lawsuit over enabling Cambridge Analytica to access the private data of millions of users, a deal that will let Mark Zuckerberg avoid answering up to six hours' worth of questions for a deposition. A court filing entered late Friday asks for 60 days for...

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