Mark Zuckerberg's personal wealth has climbed almost sixfold to $200B+ in less than two years, buoyed by Meta's record-high share price, which is up 60%+ YTD
- Meta CEO's wealth has jumped sixfold in the past two years — Shares of Meta are trading near record high, up 60% this year
Chinese state media: at the China Development Forum, Tim Cook said Apple Vision Pro will launch in China in 2024, its first official non-US launch confirmation
Apple (AAPL.O) Vision Pro will hit the mainland China market this year, Apple chief executive Tim Cook said on Sunday, according to state media.
Miami-based Bird files for Chapter 11 bankruptcy, listing $100M to $500M in liabilities; the NYSE began delisting the e-scooter rental company in September 2023
Miami-based Bird files for Chapter 11 bankruptcy, listing $100M to $500M in liabilities; the NYSE began delisting the e-scooter rental company in September 2023
The Miami, Florida based company listed assets and liabilities of between $100 million and $500 million in a court filing.
California Forever, the company backed by tech billionaires that wants to build a city in the Bay Area's Solano County, unveiled a website explaining its plans
A former Goldman Sachs trader moved to the Bay Area to make it in tech. He ended up buying rural land with money from some of Silicon Valley's wealthiest people.
Steve Huffman praises Elon Musk's aggressive cost-cutting and layoffs at Twitter and says he saw Musk's handling of Twitter as an example for Reddit to follow
Steve Huffman said in an interview that Elon Musk's cost-cutting at Twitter was inspiring and that the two have chatted “a handful of times.”
Reddit says that 80% of the site's top subreddits are currently open; Reddark estimates that 4K+ subreddits are limiting access, down from almost 9K on June 12
Will Consider Letting Users Vote Out Moderators Tweets: Ben Goggin / @benjamingoggin : NEW: Reddit CEO slammed protest leaders in an interview, saying he plans to institute rule ch...
Reddit says 80% of its top subreddits are currently open; Reddark estimates that 5K+ subreddits are limiting access, down from almost 9K on June 12
Reddit Inc. said that most of the company's communities were operating as normal — four days after a protest that shut down thousands …
Q&A: Steve Huffman says Reddit's API was “never designed to support third-party apps” and he didn't know how much the apps were “profiting off of our API”
Reddit is fighting for its soul. … Huffman has argued the changes are a business decision …
Binance plans to launch a local service for Japanese residents in the summer and discontinue its global services for users in the country on November 30, 2023
Susanne Barton / Bloomberg :
Binance plans to launch a local service for Japanese residents in the summer and discontinue its global services for users in the country on November 30, 2023
Susanne Barton / Bloomberg :
Nielsen: Netflix accounts for between 7% and 8% of TV viewing in the US every month and between 70% to 80% of the top 10 shows in the US every week
Good afternoon from Ojai, California, where I am celebrating my girlfriend's birthday. Lunch was interrupted by huge news … LinkedIn: Satoshi Ido . Tweets: @lucas_shaw , @benedict...
The House Committee on Energy and Commerce posts TikTok CEO Shou Chew's prepared testimony, outlining a ~$1.5B plan to host US data on Oracle servers and more
TikTok Chief Executive Officer Shou Chew plans to tell Congress his app does more to protect young users than rival social media platforms …
Sources: Abu Dhabi-based G42 acquired a $100M+ stake in ByteDance at a ~$220B valuation, down from $300B set in a recent buyback, as the US weighs a TikTok ban
a significant discount https://www.bloomberg.com/... Mark Bergen / @mhbergen : Nothing says ~we are not a national security threat~ like https://www.bloomberg.com/...
Sources: TikTok's leadership is considering divesting itself from ByteDance as a last resort if CFIUS rejects the existing proposal, possibly leading to an IPO
TikTok's leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks.
The LockBit ransomware gang claims that ION Trading UK paid a ransom after the group's cyberattack on the software company upended derivatives trading globally
The hacking group behind the attack on ION Trading UK — the software firm that was struck by a cyberattack earlier this week …
The LockBit ransomware gang claims ION Trading UK paid a ransom after the group's cyberattack on the software firm upended derivatives trading around the world
The hacking group behind the attack on ION Trading UK — the software firm that was struck by a cyberattack earlier this week …
Memo: BuzzFeed plans to rely on OpenAI to enhance its quizzes and personalize its content while humans offer ideas, “cultural currency”, and “inspired prompts”
CEO Jonah Peretti intends for artificial intelligence to play a larger role in the company this year
Even after recent declines, FAANG stocks account for 10%+ of the S&P 500 weighting, meaning subpar performance in the coming years will be a drag on the market
Kit Rees / Bloomberg : Tweets: @markets , @andres_leal7 , and @scottlincicome Tweets: @markets : For some investors, this year's rout in high-flying tech stocks marks the end of a...
Crypto prices sink, with bitcoin dropping ~4% to ~$16.1K and ether ~7% to ~$1.1K, dragged down by the FTX saga, hacker offloading ether, and potential contagion
Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried's once powerful FTX empire.