Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant’s stock was down 13.5%, at $427 at 11:30 am ET — threatening to wipe roughly $200 billion in market cap. Zuckerberg’s net worth also took a massive hit, wiping out about
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President Biden signed the $95 billion military spending package for Ukraine, Israel and Taiwan Wednesday after months of congressional wrangling. Biden said weapons would flow into Ukraine “within hours” and declared, “It’s a good day for world peace.” The spending package includes $26 billion in more funding for Israel, which has now killed over 34,000
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Mark Zuckerberg received the lowest salary of all of Meta’s staff in 2023, with his measly $1 salary — though the Big Tech chief raked in a staggering $24.4 million in “other compensation.” According to a proxy filing statement, the lion’s share of this “other compensation” covered Zuckerberg’s security costs. Though the Securities and Exchange
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Apr 25, 2024, 09:10 AM ET The Spanish government announced the creation of a special committee on Thursday that will oversee the country’s football federation (RFEF) until the governing body holds new elections. The decision was taken “in response to the crisis in the organisation and in defence of the general interest of Spain,” the
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