All posts tagged: mark zuckerberg

Vaishnaw fact-checks Mark Zuckerberg on Lok Sabha poll results, says ‘disappointing to see misinformation’ – India TV

Vaishnaw fact-checks Mark Zuckerberg on Lok Sabha poll results, says ‘disappointing to see misinformation’ – India TV

Published by Webster

Image Source : PTI Union Minister Ashwini Vaishnaw and Facebook founder Mark Zuckerberg. Union Minister Ashwini Vaishnaw on Monday fact-checked Facebook founder Mark Zuckerberg on his claim that after the COVID-19 pandemic, most incumbent governments, including the one in India, lost elections in 2024, asserting that his statement was “factually incorrect”. In a post on X, Vaishnaw said as the world’s largest democracy, India conducted the 2024 general election involving more than 640 million (64 crore) voters. “People of India reaffirmed their trust in the NDA led by PM Narendra Modi’s leadership. Mr Zuckerberg’s claim that most incumbent governments, including India in 2024 elections, lost post-COVID is factually incorrect,” the Information and Broadcasting Minister noted. Zuckerberg had reportedly claimed in a podcast that in elections around the world in 2024, most incumbent governments, including the one in India, lost power. “From free food for 800 million, 2.2 billion free vaccines, and aid to nations worldwide during COVID, to leading India as the fastest-growing major economy, PM Modi’s decisive 3rd-term victory is a testament to good …

‘Disappointing To See Misinformation’: Vaishnaw Fact-Checks Zuckerberg’s Claim On 2024 Polls

‘Disappointing To See Misinformation’: Vaishnaw Fact-Checks Zuckerberg’s Claim On 2024 Polls

Published by Webster

Last Updated:January 13, 2025, 18:52 IST In a post on X, Vaishnaw stated that Zuckerberg’s statement about incumbent governments losing post-Covid, including India, was “factually incorrect” Union Minister Ashwini Vaishnaw and Meta CEO Mark Zuckerberg. (File photos) Union Minister Ashwini Vaishnaw on Monday strongly responded to a claim by Meta CEO Mark Zuckerberg about India’s 2024 Lok Sabha elections. In a post on X, Vaishnaw stated that Zuckerberg’s statement about incumbent governments losing post-Covid, including India, was “factually incorrect.” Vaishnaw clarified that India, as the world’s largest democracy, successfully conducted its 2024 elections with over 640 million voters. He also highlighted that people had reaffirmed their trust in Prime Minister Narendra Modi’s leadership under the NDA government. “As the world’s largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in NDA led by PM @narendramodi Ji’s leadership,” the Union Minister wrote in his post. As the world’s largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in …

Mark Zuckerberg lists his problems with Apple to Joe Rogan: ‘Squeezing people’ | World News

Mark Zuckerberg lists his problems with Apple to Joe Rogan: ‘Squeezing people’ | World News

Published by Parlour News

Jan 11, 2025 10:48 PM IST The founder of Facebook has a long list of grievances with Apple. in a coversation with Joe Rogan, he aired some of them. Mark Zuckerberg criticised tech giant Apple during a podcast appearance, saying that the company has stopped any innovations and are making money off the success of the iPhone. File Photo: Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event. (REUTERS) Appearing on Joe Rogan’s podcast, the Meta boss suggested that the number of people buying an iPhone is declining as there isn’t much better in each version than the last. “Steve Jobs invented the iPhone and now they’re just kind of sitting on it 20 years later,” he told Joe Rogan.Zuckerberg also accused the Tim Cook-led company of making money by overcharging the app makers on the platform. “They do it by basically like squeezing people and having this 30 percent tax on developers,” he said. The founder of Facebook has a long list of grievances with Apple. Another of …

Meta Warns of Worsening AI Losses After Sales Narrowly Beat

Meta Warns of Worsening AI Losses After Sales Narrowly Beat

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Meta Platforms Inc. CEO Mark Zuckerberg will ramp up heavy investments in AI and other futuristic technologies, continuing a years-long tug-of-war between the company’s long-term bets and the core advertising business that provides the vast majority of Meta’s revenue. Zuckerberg warned investors Wednesday that Meta will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses, efforts he believes are core to the company’s future. That will be supported by the ads business, which isn’t generating the kind of momentum Wall Street expected. Shares fell more than 2.8% in extended trading. “We’re seeing AI have a positive impact on nearly all aspects of our work, from our core businesses to new services and computing platforms,” the Meta chief executive officer said during its third quarter earnings call. “There are lots of opportunities to use new AI advances to accelerate our core business.” Meta cautioned that losses from Reality Labs, its division focused on artificial intelligence and augmented reality, will continue to widen “meaningfully” this year, adding that the 2025 budget …

Mark Zuckerberg Passes Jeff Bezos To Become World’s Second-Richest Person

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Mark Zuckerberg became the world’s second-richest person for the first time Thursday, jumping ahead of Jeff Bezos as shares of Meta Platforms Inc. continue to climb.  Zuckerberg’s bet on the metaverse – which initially looked like a huge bust – has paid off in recent months, pushing his net worth to a high-water mark of $206.2 billion, according to the Bloomberg Billionaires Index. That puts him $1.1 billion ahead of Amazon.com Inc.’s Bezos and almost $50 billion behind Tesla Inc.’s Elon Musk. Meta shares have risen 23% since reporting better-than-expected sales in the second quarter and touting its push into the type of large language models that power AI chatbots. The stock closed Thursday at an all-time high of $582.77. Meta has spent heavily on data centres and computing power as Zuckerberg works to build a leading position in the industry-wide AI race. The company has also moved ahead with other long-term projects, including its Orion augmented reality glasses, which the company introduced last month. Zuckerberg, who owns a 13% stake in the Menlo Park, …

Mark Zuckerberg now fourth richest in the world: Net worth crosses $200 billion, Orion glasses pay off Metaverse bet

Published by Parlour News

Sep 29, 2024 11:43 AM IST The Orion glasses propelled Meta shares to a record high, supporting Mark Zuckerberg’s Metaverse bet, which initially looked like a mistake Meta founder and CEO Mark Zuckerberg’s net worth shot up almost sixfold to $201 billion in less than two years after the company’s shares rose to a record high, according to a Bloomberg report, which added that he’s now at fourth place on the world’s 500 richest people list behind Elon Musk, Jeff Bezos, and Bernard Arnault. Mark Zuckerberg talks about the Orion AR glasses during the Meta Connect conference Wednesday, Sept. 25, 2024, in Menlo Park, California(Godofredo A. Vásquez/AP) This being Zuckerberg’s first time of crossing the $200 billion wealth mark, stemmed from his big bet on the metaverse which initially looked like a colossal failure, wiping out more than $100 billion from his net worth in 2022, according to the report. Also Read: She defended ‘El Chapo’: Now this lawyer is using her narco-fame to launch a music career At that time, Meta also underwent its …

America’s Big Corporate Divide As US Election Comes Knocking On The Door

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Washington DC: America is increasingly divided on political lines as the 2024 Presidential election approaches. Though open and upfront divergence in political ideology is not uncommon among citizens, especially in democracies and near elections, another big divide has emerged in the run-up to the November polls – that of Corporate America. Tech behemoths, banking giants, large corporations and even regional and small firms stand on either side of this political divide. On November 5, citizens across the US will vote for their next president between Democrat candidate Kamala Harris and her Republican rival Donald Trump. The divide is straightforward – “liberal and left-leaning” Kamala Harris vs “protectionist and right-leaning” Donald Trump. TECH BEHEMOTHS DIVIDED Big tech has joined the cause, aligning themselves to their chosen candidate. Employees at Microsoft, Google (Alphabet), Amazon, and Sun Microsystems have donated millions of dollars to Kamala Harris’s campaign, according the data made public by political watchdog OpenSecrets. The contribution to Ms Harris’s campaign is significantly more than what was given to the Trump campaign. Tech billionaires like Elon Musk …

Meta discontinues Quest 2 and Quest Pro, introduces Quest 3S – India TV

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Image Source : META Meta Quest Meta has announced that it will discontinue the Quest 2 and Quest Pro VR headsets, marking the end of two major products in its Quest VR lineup. The news became official at the meta Connect 2024 which is taking place today and the decision comes as the company shifts its focus to the newer models like the budget-friendly Quest 3S. Here is a detailed look at what this means for VR enthusiasts and the future of Meta’s VR offerings. Meta ends Quest 2 and Quest Pro sales In the Meta Connect 2024 event, Mark Zuckerberg announced that it would stop selling the Quest 2 and Quest Pro once current stocks are depleted. The new Quest 3S, which is now available for preorder, will replace these models with a starting price of USD 300 (around Rs 25,000), offering a more advanced alternative while maintaining affordability, a TechCrunch report states. Why the Quest 2 is being discontinued by Meta? The Quest 2 was launched in 2020, and it has been a …

How Mark Zuckerberg Reacted When His Daughter Said She Wanted To Be The Next Taylor Swift

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Zuckerburg and his wife have three daughters: Maxima, August and Aureila. (Photo Credit: Instagram) Mark Zuckerberg was considering the guidance he would offer to anyone wishing to launch and expand their own company. This subject reminded him of his daughter August telling him that she wanted to be just like Taylor Swift. Mark Zuckerberg’s daughter aspired to be like Taylor Swift. In the latest episode of the Acquired podcast, Meta’s co-founder engaged in a light-hearted conversation about his daughter, August. The seven-year-old mentioned her desire to be like the pop sensation during a family outing to the Eras Tour. The 40-year-old, who is married to Priscilla Chan and has three kids, said he felt compelled to bring his middle child back into reality. In the podcast, Zuckerberg described his conversation with his second-eldest daughter. The founder of Facebook was considering the guidance he would offer to anyone wishing to launch and expand their own company. This subject reminded him of August telling him she wanted to be just like her favourite pop artist. “You know …

Meta Says its Llama AI Models Being Used by Banks, Tech Companies

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Meta’s Llama Artificial Intelligence (AI) models are being used by companies including Goldman Sachs and AT&T for business functions like customer service, document review and computer code generation, the social media giant said in a statement on Thursday. The mostly free-of-charge Llama models have been downloaded almost 350 million times since Meta began releasing them publicly last year, an increase from the 300 million downloads the company announced when it released the biggest version of its latest Llama 3 model in late July. Usage via cloud providers like Amazon Web Services and Microsoft Azure has also increased, more than doubling between May and July this year, Meta said. The announcement comes as Meta and other tech companies plowing billions into AI have faced questions from investors about how widespread adoption of the technology appears to be and what kind of payoff they can expect for their spending. Meta Chief Executive Mark Zuckerberg has argued that building state-of-the-art AI models and giving them away for free best positions the company to avoid falling into a position …