The Capitalist: WFH rows, Zuck’s new watch and the City’s Tesco habits revealed January 9, 2025 WFH causes a ruckus, Zuckerberg's eye-catching watch and the nation's favourite meal deal: catch up on the latest gossip in The Capitalist.
Zuckerberg’s Meta drops fact checking filters in return to ‘free speech’ January 7, 2025 Meta, the parent company of Facebook and Instagram, announced that it will end its third-party fact-checking program, replacing it with a community-driven approach akin to X’s ‘community notes’. The decision comes as chief executive Mark Zuckerberg seeks to repair ties with newly elected President Donald Trump, with the company also recently pledging $1m to Trump’s [...]
Nick Clegg replaced at Meta by Republican pick before Trump re-enters White House January 3, 2025 Former UK deputy prime minister Sir Nick Clegg has quit as Meta’s president of global affairs, being replaced by a key Republican voice, Joel Kaplan. The former leader of the Liberal Democrats announced he was leaving on LinkedIn and Facebook, saying that his tenure at the tech giant has been an “adventure of a lifetime”. [...]
Trump hosts Apple chief at Mar-a-Lago as big tech leaders reach out December 14, 2024 Trump has said he has spoken with Apple chief Tim Cook about the company’s long-running tax battles with the European Union.
Just how blue is the sky for Bluesky? December 9, 2024 Bluesky is pitching itself as an alternative to the social media behemoths, but the history of the internet is littered with notable failures, says Paul Armstrong Bluesky has drawn sharp attention, pitching itself as the anti-social media — a decentralised network that hands control back to its +25m users including news organizations, politicians, celebrities and [...]
Mark Zuckerberg-backed Yoto almost doubles sales as loss cut September 23, 2024 Turnover at kids audio platform Yoto, which is backed by Mark Zuckerberg and his wife, almost doubled during its latest financial year as its pre-tax loss was cut, it has been revealed. The business, which is the creator of the Yoto Player and Yoto Mini for children, has posted a turnover of £50.9m for 2023, up from [...]
Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress April 25, 2024 Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Musk says fight with Zuckerberg will be live-streamed on X August 6, 2023 Elon Musk said in a social media post that his proposed cage fight with Meta CEO Mark Zuckerberg would be live-streamed on social media platform X, formerly known as Twitter. The social media moguls have been egging each other into a mixed martial arts cage match in Las Vegas since June. “Zuck v Musk fight will be live-streamed on [...]
Meta to launch AI-powered chatbots in a bid to cling on to users August 1, 2023 Meta, the parent company of Facebook, is reportedly gearing up to deploy a squadron of artificial intelligence-powered chatbots, each with their own distinctive personalities, in an effort to cling on to its users who have been dwindling lately. Meta has been crafting prototypes for these chatbots, aptly named “personas”, the Financial Times reported today, citing [...]