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Read previewI feel confident few will disagree that Facebook Marketplace is the best part of Facebook. Mark Zuckerberg's Marketplace is so successful at connecting people with vintage lamps that even Gen Z is sticking around Facebook just to use Marketplace. To edit the field to add a new custom message, go into Marketplace and click on the little person icon at the top corner. Tap into the profile icon in Facebook Marketplace, and then all the way down to Settings. On Marketplace, there's something nice and quaint about buying and selling used stuff from your neighbors.
Persons: , It's, I've, Sellers, you've, I'm, chatbots Organizations: Service, Facebook, Business
Reddit CEO Steve Huffman discussed his compensation package in a video Q&A posted on the forum. The CEO's $193 million pay package includes a mix of salary and stock. AdvertisementReddit CEO Steve Huffman has received backlash over his $193 million compensation. Related storiesThe bulk of his compensation package is now in restricted stock units and stock options. Huffman's chances of getting even richerBack at Reddit, it's unlikely that Huffman will get $193 million in compensation.
Persons: Steve Huffman, , Huffman, there's, That's, Reddit, Mark Zuckerberg, Zuckerberg, Elon Organizations: Service, SEC, Zuckerberg, Elon, Meta, Tesla Locations: Reddit, Delaware
Perplexity CEO Aravind Srinivas said Elon Musk's xAI is stiff competition in the recruiting space. The AI CEO said Musk's company offers the highest compensation at the moment. Aravind Srinivas, the CEO of the AI company Perplexity, said it can be difficult to compete with the Tesla CEO when recruiting. Musk launched his own AI startup, xAI, last year and Srinivas said it has since become one of the highest-paying companies for AI talent — on par with OpenAI. In January, Financial Times reported that Musk's AI venture was in talks to raise $6 billion at around a $20 billion valuation.
Persons: Aravind Srinivas, Elon Musk's, It's, , Elon Musk, Tesla, Musk, Srinivas, OpenAI, Alex Heath, Perplexity, Heath, OpenAI's ChatGPT, xAI's, Patrick Collison, Collison, Srnivas, he'd, Mark, Fortune, X Organizations: Service, OpenAI, Street Journal, Financial Times, xAI, TechCrunch, Twitter, SpaceX, Musk .
Day to day, she coaxes AI models like OpenAI's GPT, utilizing natural language to manipulate the model into spitting out exactly the content she wants. "I just find it really interesting, really fun — it's like solving a word puzzle," Daniel, whose résumé also includes a prompt engineering role at LinkedIn, said. AdvertisementDaniel is part of a wave of a new kind of AI engineers — those without formal tech skills. AdvertisementDemand for prompt engineers has been skyrocketing amid the AI hype, and salaries are echoing the excitement. "I think different standards will emerge between what everybody can do and what the expert prompting engineers can do," she said.
Persons: , Kelly Daniel, Daniel, Lazarus, Tanya Thomas, Thomas, Antropic, OpenAI's ChatGPT, Critics, Conor Grennan, Grennan, Rick Battle, Teja, Vasudev Lal, Lal, Yinuo Chen, Chen, there'll, Mark Zuckerberg's, she's Organizations: Service, LinkedIn, Google, NYU Stern School of Business, VMware, Intel Labs, Meta Locations: Beijing
Corporate executives at major companies have sold stock in their own companies in March as the stock market hits new record highs. Zuckerberg's moves appear to be part of a 10b5-1 stock sale plan adopted last summer. An even larger stock sale came from Michael Dell, the CEO and namesake of Dell Technologies . The tech founder has filed a Form 144 to sell 7 million shares, so more transactions could be coming, according to VerityData. Dell shares have soared more than 50% this year on optimism the AI boom will lead to a replenishment of servers and PCs.
Persons: Mark Zuckerberg, Michael Dell, Alesia Haas, Zuckerberg, Haas, Troendle, William Hickey III, James Walter, TechnipFMC, Douglas Pferdehirt, William Meaney Organizations: Facebook, Dell Technologies, Dell, Medpace Holdings Locations: , 10b5
Mark Zuckerberg's net worth has surged by almost $54 billion this year, according to Bloomberg data. Zuckerberg is close to overtaking Elon Musk for the first time since late 2020. AdvertisementMark Zuckerberg has become a lot wealthier this year 2024 — and is closing in on his would-be cage-fight rival Elon Musk for the title of the world's third-richest person. The Meta CEO's fortune has surged by almost $54 billion since the start of January, according to the Bloomberg Billionaires Index. As of Friday's closing bell, he was worth $182 billion — just $7 billion behind Musk.
Persons: Mark Zuckerberg's, Zuckerberg, Elon Musk, , Mark Zuckerberg Organizations: Bloomberg, Facebook, Elon, Service, Business
Trump spoke out against a bipartisan bill that would ban TikTok. The former president said "Facebook and Zuckerschmuck will double their business" without the app. While in office, Trump pushed TikTok to find a US buyer or face a ban. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," Trump posted on his social platform Truth Social. Trump funded his own social platform in the meantime after being barred from both of Meta's platforms along with Twitter.
Persons: Trump, Zuckerschmuck, TikTok, , Donald Trump, Zuckerberg Trump, Zuckerberg, Z's, Biden, Musk, Elon Musk Organizations: Facebook, Service, White House, Air Force, Trump, Meta, Twitter, Republican, TikTok, SpaceX, Cambridge, Tesla Facebook Locations: TikTok, United States, Palm Beach , Florida
In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this time around . The milestone comes amid a massive rally for bitcoin over the past month, where its price has surged almost 60%. Business Insider's Phil Rosen has a full rundown on what's pushing bitcoin's price so high this time . SOPA Images / GettyA boon for bitcoin doesn't mean everyone in the space wins. The insider I spoke to said there's no single, agreed-upon narrative for what's driving crypto toward a new peak.
Persons: , you've, Phil Rosen, BlackRock's, Jamie Dimon, there's, Tom Williams, Doom, Roubini, BofA, Li Qiang, headwinds, Mark Zuckerberg's, Andrew Bosworth, Sam Altman's, Altman, Hugo Herrera, Lachlan Murdoch, Nordstrom, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Bitcoin, JPMorgan, Bank of America, Beijing, Apple, Getty, European Commission, Employees, BI, Boomers, Fox, Target Locations: bitcoin, China, Chengdu, Southwest China's Sichuan, New York, London
What it's like to give Mark Zuckerberg feedback
  + stars: | 2024-03-05 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +3 min
Meta's CTO says that Mark Zuckerberg will often tell you you're wrong if you offer feedback. The CTO said he finds the feedback loop satisfying, even if you have to take the long view on it. AdvertisementMeta CTO Andrew "Boz" Bosworth said when you give Mark Zuckerberg feedback, he listens — and then he disagrees. Bosworth said he believes Zuckerberg is trying to "pressure test" the feedback and understand different perspectives that he didn't already consider. AdvertisementEven if Zuckerberg does make changes based on feedback, Bosworth said he always has a reason for why he did what he did originally.
Persons: Mark Zuckerberg, Zuckerberg, , Andrew, Boz, Bosworth, Lenny Rachitsky, he'll, didn't, you'll, he's, Instagram Organizations: Service, Harvard, Facebook
Meta CTO says Mark Zuckerberg uses the 'eye of Sauron' to assess the company's most important tasks. Employees should also aim to work on less flashy projects with equally high importance, he said. AdvertisementMeta CTO Andrew 'Boz' Bosworth said that employees should always try to work on projects of the highest importance. And at Meta, that comes with Mark Zuckerberg's 'Eye of Sauron.' If you haven't watched the Lord of the Rings, the Eye of Sauron is the ever-watching gaze of the Dark Lord, which Frodo and his companions must avoid.
Persons: Mark Zuckerberg, Andrew ' Boz, Bosworth, , Mark Zuckerberg's, Zuckerberg, Tim Ferriss, Frodo Organizations: Service, Business
Cory Doctorow has a theory for why tech platforms are getting worse. After locking users in, Doctorow believes tech platforms deliberately worsen the user experience. AdvertisementCory Doctorow has a theory for why tech platforms seem to have been sapped of all their joy: he calls it the great "enshittification." The 52-year-old Canadian-British author coined the term as a means of describing the growing sense that platforms operated by Big Tech companies are decaying beyond recognition. AdvertisementApple App Store.
Persons: Cory Doctorow, Doctorow, , beholden, Uber, Apple, Zuckerberg's, Zuckerberg, there's Organizations: Service, Big Tech, Facebook, Twitter, Netflix, NurPhoto, Getty, Companies, Apple, EU's, European Commission, Meta, Cambridge, Capitol Locations: British
The organza shirt is available on Mishra's website, but customers must request the official cost — suggesting a hefty price tag. That night, both Zuckerberg and Chan wore different outfits designed by Mishra, who shared photos of the occasion on his Instagram Stories. Chan wore a two-piece outfit decorated with nature-themed adornments like two gold birds. The prices of many items on Mishra's website are only available upon request. Chan wore a purple saree with small floral designs sewn into the fabric, while Zuckerberg wore a beige-colored ensemble with leaf designs.
Persons: , Ambani, Anant Ambani, Radhika Merchant, Anant, Mukesh Ambani, Rihanna, Zuckerberg, Chan, Alexander McQueen, Rahul Mishra, Mishra, Mark Zuckerberg, Priscilla Chan, Rahul Mishra's Instagram, weren't Organizations: Service, Bloomberg, Business, Vogue Locations: Gujarat, India, Asia
Mark Zuckerberg isn't just in Asia to enjoy Japanese McDonald's and hit the ski slopes. The meetings will put Meta's AI and mixed reality ambitions front and center as competition grows. The likes of Meta's AI chief Yann LeCun have pushed back on suggestions that open-source AI is dangerous because the sheer volume of resources any bad actor would need to use an AI model maliciously makes it highly untenable. Meta's mission to build businessPoliticians won't be the only thing on Zuckerberg's mind on his Asian trip. Meta's line of mixed reality headsets, the Quests, finally face a formidable foe following Apple's release of the Vision Pro this month.
Persons: Mark Zuckerberg isn't, , Mark Zuckerberg, Kokaji, Zuckerberg, Fumio Kishida, Sam Altman, Kishida, Yoon Suk, OpenAI's Altman, FABRICE COFFRINI, Yann LeCun, ROBYN BECK, Getty Zuckerberg, Jay Y, Lee Organizations: Service, Japan's, Japan Times, South, Bloomberg, Economic, Business, Meta, Vision, Apple, LG Electronics, Samsung Locations: Asia, Japan, Davos, South Korea, Switzerland, Seoul
COST 5Y mountain Costco's stock performance over the past five years. DHR 5Y mountain Danaher's stock performance over the past five years. ETN 5Y mountain Eaton Corp.'s stock performance over the past five years. "The megatrends are real serious, and [Eaton] is a real serious company," Jim said. TJX 5Y mountain TJX Companies' stock performance over the past five years.
Persons: Jim Cramer, Jeff Marks, Morgan Stanley, Wall, Beijing's, Jim, Eaton, Linde, Lilly's, Eli Lilly, We've, Zepbound, Mark Zuckerberg's, Mark Zuckerberg, OpenAI, Copilot, management's, Nvidia, TJ Maxx, TikTok, Gen Zers, TJX, Jim Cramer's, Satya Narayana Nadella, Lucas Jackson Organizations: GE Healthcare, Meta, Microsoft, Johnson, Natural Resources, Starbucks, Apple, Apple Music, Services, Amazon, Amazon Web Services, Prime, Costco, Danaher, Eaton Corp, Investors, GE, LIN, Novo Nordisk's Wegovy, Novo Nordisk, Management, Nvidia, TJX Companies, Marshalls, CNBC Locations: Eaton, China, Manhattan, New York City
Mark Zuckerberg is having some fun in Japan. The Meta chief is off on his Asia tour, and plans to hit South Korea and India next. AdvertisementMark Zuckerberg is on his Asia tour and exploring Japan. A spokesperson for Zuckerberg told Bloomberg that the billionaire was in Japan for a "personal trip" and will head to South Korea on Wednesday. Representatives for Zuckerberg did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: Mark Zuckerberg, Zuckerberg, , Relatable Zuck, Quentin Tarantino's, Akihira, Instagram, Fumio Kishida, Musk, X, Mukesh Ambani's Organizations: McDonalds, Service, Meta, Japanese, Bloomberg, Business Insider Locations: Japan, Asia, Korea, India, Tokyo, Elon, Odaiba, South Korea
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The Meta CEO posted pictures and videos of himself learning to make a Katana, a Japanese sword with a curved, single-edged blade, under the guidance of sword master Akihira Kokaji. AdvertisementThe tech CEO is touring parts of Asia with his family. The trip also involves stops in South Korea and India to meet business and government leaders, the report said. The Meta CEO recently announced he was raising cattle that would drink beer produced on his sprawling estate.
Persons: , Mark Zuckerberg, Akihira, Zuckerberg, akihira.kokaji Organizations: Service, Facebook, Bloomberg, Apple, Business Locations: Asia, Tokyo, South Korea, India
That’s the message in a fascinating new memoir, “Burn Book,” by the tech journalist Kara Swisher, who hosts a multitude of podcasts and is a CNN contributor. I don’t think they read. In the entire time that you’ve been covering tech I don’t think there’s been a single major regulatory law. So it’s a real racket if you really think about it. And I do think there’s a human impulse even though you have this lizard brain that likes to stare at the phone.
Persons: , Kara Swisher, SWISHER, Will, I’ve, it’s, Steve Jobs, I’m, Don’t, What’s, there’s, they’ve, They’ve, Guess, Mark Zuckerberg, He’s, Joe, Biden, There’s, Sam Altman, Tony Blinken, It’s, that’s, you’re, We’ve Organizations: CNN, Communications, Alaska Airlines, United Arab, State, Facebook, Times Locations: It’s, America, Alaska, United Arab Emirates, UAE, Europe, New York, There’s
Mark Zuckerberg is trying to avoid personal liability in lawsuits over kids' social media addiction. Meta CEO Mark Zuckerberg is arguing he can't be held personally liable for accusations that his platforms have led to kids being addicted to social media — and he may have a point. A ruling in the billionaire's favor would excuse him from being held personally liable but would not dismiss the cases against Meta. AdvertisementThe lawsuits claim that Zuckerberg's actions and inaction led to social media addiction and accused him of ignoring warnings that Facebook and Instagram were unsafe for kids. AdvertisementIf Zuckerberg is deemed personally liable, it could have major implications for other lawsuits filed against CEOs of social media giants.
Persons: Mark Zuckerberg, Zuckerberg, Oberheiden, Oberheiden P.C, Yvonne Gonzalez Rogers, Meta, Titania Jordan Organizations: Meta, NBC Bay, Business, Bloomberg, Bark Technologies Locations: Oakland , California
Nvidia chips remain in high demand, especially from tech companies. Its CEO told investors the company was trying its best to allocate them fairly. Mark Zuckerberg recently said Meta would own 340,000 Nvidia H100 chips by the end of 2024. Huang was responding to a question about distributing chips between the companies fighting over a limited supply, many of which are competitors. Last month, Zuckerberg told The Verge that Meta would have more than 340,000 Nvidia H100 GPUs — the main chips companies use to train and deploy AI models — by the end of 2024.
Persons: Mark Zuckerberg, , Mark, Jensen Huang, Huang, Zuckerberg, Meta Organizations: Service, Nvidia, Business
Mark Zuckerberg attended UFC 298 on Saturday, and appeared in fighter Alex Volkanovski's corner. X users turned it into a meme, comparing it to meeting new people and trying to fit in in social situations. AdvertisementMost people know by now that Mark Zuckerberg is a big martial arts fan, from the near-endless saga of whether he'd fight Elon Musk, to tearing his ACL while sparring. I was looking at Mark Zuckerberg and I had too much fun. Saturday's UFC trip is not the first time Meta's CEO has found himself on the receiving end of the meme treatment.
Persons: Mark Zuckerberg, Alex Volkanovski's, , he'd, Elon Musk, Volkanovski, Ilia Topuria, Zuckerberg, Zuckerberg's, FdfWsCOvvb, Jules Terpak, Cousin Greg, HBO's, Merab Dvalishvili, Henry Cejudo, Dvalishvili Organizations: UFC, Service Locations: Georgian
The Meta CEO called it one of his "most controversial" management principles on a new podcast episode. He thinks a founder should "make as many decisions and get involved in as many things as you can." Mark Zuckerberg says one of his "most controversial" principles as a business leader is that he doesn't like delegating responsibility. "I think probably one of my most controversial leadership or management things is like I don't actually believe in delegating that much. Zuckerberg had said during an employee Q&A around that time that he didn't want a "management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."
Persons: Mark Zuckerberg, there's, Zuckerberg
Mark Zuckerberg said that tech layoffs since the pandemic are due to multiple factors. Meta's CEO said more recent layoffs are because companies realized being leaner can make you "more efficient." AdvertisementMark Zuckerberg has a theory for why tech layoffs aren't slowing down: Companies are realizing that, while painful, there are benefits to being "leaner." But as people returned to stores and the economy adjusted, companies like Meta realized they had overhired and had to make major cuts. While a lot of tech companies were reluctant to make cuts at first, they realized it didn't spell the end, Zuckerberg said.
Persons: Mark Zuckerberg, , Zuckerberg, — they're, Zuckerberg's, Meta didn't Organizations: Service, Meta, Microsoft, Google
Mark Zuckerberg has entered his Posting Era
  + stars: | 2024-02-16 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +6 min
Mark Zuckerberg put out an Instagram video reviewing the Apple Vision Pro this week. AdvertisementHaving not personally tested both devices, I am not fully qualified to judge whether Mark Zuckerberg's video review accurately compares Apple's Vision Pro to the Meta Quest 3. Mark Zuckerberg has entered his Posting Era. I don't attempt to think too hard about Mark Zuckerberg's inner life, but I don't get the sense that what we're seeing is a window into his soul. What I see now is something I never thought might happen: Mark Zuckerberg is getting high on his own supply.
Persons: Mark Zuckerberg, Meta's, He's, , Mark Zuckerberg's, We've, Zuckerberg, it's, Priscilla, Mark, I've, Andrew, Boz, Bosworth, Steve Ballmer, poopooed, Ping, Cook, Elon, Zuckerberg's, Apple, It's, Tim Cook, Meta Organizations: Apple Vision, Service, Meta, Vision, Morning, Vision Pro, Microsoft, Apple, Apple's, Facebook, iTunes Locations: TikTok
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMark Zuckerberg drew the ire of some Apple fans after he ripped into the tech giant's $3,500 Apple Vision Pro in a video posted on Instagram earlier this week. "I don't think so," Zuckerberg told the Morning Brew Daily podcast. "I think we have a really good chance at winning, and I'm really committed to doing that," Zuckerberg said. Zuckerberg's thoughts on his video come after he said in it that the Quest 3 headset is superior to the Vision Pro.
Persons: , Mark Zuckerberg, doesn't, Steve Ballmer, Zuckerberg, I'm, they're, Apple, He's, Insider's Jordan Hart, Meta didn't Organizations: Service, Apple, Apple Vision, Business, Morning, Meta, Quest, Vision
Andrew Bosworth, Meta's CTO, said in a recent Q&A on his Instagram that several issues stood out to him after he tried Apple's new headset. The Vision Pro's main competitor is Meta's own Quest series of VR headsets. The first generation of Vision Pros are selling for $3,500, which dwarfs the Quest 3's $500 price tag. Bosworth, like many other reviewers, was critical of the Vision Pro's hefty weight, saying that before long he'd found it "very uncomfortable to use." Bosworth's analysis of the Vision Pro echoed Zuckerberg's earlier critique.
Persons: , Zuckerberg, Andrew Bosworth, Bosworth, that's, Meta's Organizations: Service, Vision, VR, Business, Apple Vision, Apple
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