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Mark Zuckerberg wore a custom t-shirt with the Latin phrase "AUT ZUCK, AUT NIHIL" at Meta Connect. It's a play on "Aut Caesar, aut nihil," which means "Either a Caesar or nothing." It's not the first time Zuck's worn a custom Latin shirt. AdvertisementAt the Meta Connect developers' event, CEO Mark Zuckerberg wore a black boxy custom t-shirt with the words "AUT ZUCK AUT NIHIL." In Latin, this translates to "All Zuck, or all nothing" — a play on the famous phrase "Aut Caesar, aut nihil."
Persons: Mark Zuckerberg, Caesar, aut, It's, Organizations: Meta, Service, Meta Connect, Business Locations: Carthage
In addition to the Quest 3S, Meta on Wednesday also showcased its latest prototype of augmented-reality smart glasses and announced a flurry of new features for its Meta AI chatbot. What it doesMetaA Meta representative said the "S" in Quest 3S stands for "start" — as in getting started with VR. Orion is Meta's first "fully-functioning" prototype AR glasses, Zuckerberg said, and the device is tethered wirelessly to a small "puck." The Orion glasses are an improvement on Project Nazare, prototype smart glasses that Zuckerberg announced in 2021, when the company changed its name from Facebook. As part of Wednesday's event, Meta announced new Meta AI features for its Ray-Ban smart glasses.
Persons: Mark Zuckerberg, David Paul Morris, Meta, Apple hasn't, Zuckerberg, Meta's, Cristiano Amon, Nurphoto, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Meta, Inc, Chase Center, Bloomberg, Getty, Labs, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, Qualcomm, Samsung, Google, Nurphoto, CNBC, IDC, Wednesday Locations: San Francisco , California, Menlo Park , California, Oculus, New Zealand
In today's big story, the economy is heading in the right direction, but consumers aren't buying it . Things seem to be going really well for the economy, right? Consumers aren't feeling bullish about the economy these days. Last time around, pesky inflation was keeping things like groceries and housing costs high, even as the rest of the economy showed improvement. China's stimulus plan to boost its ailing economy sent emerging markets indexes to their highest level since April 2022 .
Persons: , Rebecca Zisser, We've, Insider's Juliana Kaplan, Spencer Platt, Getty, Tyler Le, We'll, Morgan, Mike Wilson, Steven Blitz, China's, aren't, Chelsea Jia Feng, weren't, Natalie Ammari, that's, Ron Sherman, Gen, Mark Zuckerberg, Dan DeFrancesco, Jack Sommers, Jordan Parker Erb, Amanda Yen Organizations: Service, Business, Federal Reserve, Conference Board, Fed, Chelsea, Spotify, Visa, US Justice Department, Prosecutors, Meta Locations: Austin , Texas, New York, London
The chunky black frames, demonstrated by CEO Mark Zuckerberg, are still in development with no timeline on launch. However, the Orion shades represent a first look at the company's holographic AR glasses ambitions. They represent the convergence of the company's Quest line of headsets and its Ray-Ban Meta Smart Glasses, which Jim Cramer has been praising for months and months now. During his Connect keynote Wednesday, Zuckerberg shared a montage of user experiences with the Orion glasses, showing first impressions from notable celebrities. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: , Mark Zuckerberg, Jim Cramer, Zuckerberg, Orion, Jensen Huang, Huang, it's, Jim Cramer's, Jim, Manuel Orbegozo Organizations: Meta, Orion, Nvidia, Apple, CNBC Locations: Menlo Park , California, U.S
Meta Connect 2024 kicks off at 1 p.m. The CEO is expected to talk about AI, Meta's Ray-Bans and Quest, and demo the "Orion" AR glasses prototype. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta Connect kicks off on Wednesday afternoon, and the tech industry is anticipating some flashy new hardware.
Persons: Mark Zuckerberg, Meta's Ray, , it's Organizations: Service, Meta, Business
Meta AI now includes visual and voice capabilities, announced at Meta's Connect event on Wednesday. The chatbot can now edit photos you share and answer questions about what it's in them. Go to newsletter preferences Thanks for signing up! Meta AI can reply to photos shared in the chat and answer questions about what's in them, according to the company. For example, if you take a photo of a bird and don't know what kind it is, you can ask Meta AI to identify it.
Persons: John Cena, Michael Key, , Mark Zuckerberg Organizations: Meta's, Keegan, Service, Meta, Business
Follow her on Instagram, Facebook and X.CNN —One of the increased dangers kids could face on social media this week comes from an unexpected source: their parents. On National Daughters Day on Wednesday, many parents will share pictures of their children on their social media feeds. But “sharenting” — when parents share pictures of their kids on social media — comes with potential risks to children. An even scarier prospect is the possibility that photos parents post could attract the attention of criminals. The parents I have spoken to across the country often tell me they are worried about what their children are doing on social media.
Persons: Kara Alaimo, , Young, “ they’re, ” Leah Plunkett, , , Plunkett, sharent, isn’t, Mark Zuckerberg, It’s Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, School, Harvard Law School, Harvard Law, Meta
Markets: The S & P 500 has slipped into the red since the Morning Meeting. By the way, since the Sept. 6 close, the S & P 500 jumped nearly 6%, closing at a record 5,732 on Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Salesforce, Meta, Dana her, it's, oversold, Mark Zuckerberg, Zuckerberg, Thursday's, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Nvidia, Meta, Microsoft, West Texas, Apple, Micron, Jefferies, Accenture, CarMax, Costco, Jim Cramer's Charitable Locations: China, Menlo Park , California
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Zuckerberg is a 'long-term thinker,' says Slow Ventures’ Sam LessinSam Lessin, Slow Ventures co-founder, and Barton Crockett, senior internet analyst at Rosenblatt Securities, join 'The Exchange' to discuss Meta as the social media giant's annual developer conference Connect kicks off on Wednesday.
Persons: Mark Zuckerberg, Sam Lessin Sam Lessin, Barton Crockett Organizations: Slow Ventures, Rosenblatt Securities, Meta
Opinion | Silicon Valley’s MAGA Moment
  + stars: | 2024-09-25 | by ( Chris Hughes | ) www.nytimes.com   time to read: +1 min
I co-founded Facebook in college 20 years ago, but I left California and start-up culture behind long ago for public policy and economics. As we sat over scrambled eggs, chicken sausage and whole-wheat toast, I was struck by how many of the wealthiest and most powerful figures in Silicon Valley — including some I knew — were now loudly backing Mr. Trump. Mr. Trump claims that Mark Zuckerberg called him to say that he wouldn’t support a Democrat in November, although Mr. Zuckerberg’s spokesperson denied the claim. It would be easy to write off tech’s rightward drift as nothing more than the rich acting in their economic self-interest, but Silicon Valley has always been driven by profit, and it hasn’t tilted Republican since the 1980s. Even now, it remains largely Democratic, even though even some of Kamala Harris’s strongest Valley supporters worry about how she might approach tech policy.
Persons: Donald Trump, Trump, , Marc Andreessen, Ben Horowitz, Elon Musk, Mark Zuckerberg, Zuckerberg’s, Kamala Harris’s Organizations: Facebook Locations: Flatiron, Manhattan, California, Silicon Valley
China's new stimulus measures helped boost Bernard Arnault's net worth by $6.2 billion in a day. LVMH shares surged 4% on the news. Bernard Arnault, the chairman of LVMH, saw his net worth soar $6.2 billion on Tuesday, according to data from Bloomberg, as shares of the luxury goods maker surged 4%. At one point in March, Arnault was the richest person in the world, but since the start of the year, he slipped in the net worth rankings as LVMH stock struggled and a huge mega-cap tech rally boosted the net worth of tech CEOs. AdvertisementArnault's net worth now stands at $183 billion, just ahead of Oracle cofounder Larry Ellison's $179 billion and behind the $200+ billion fortunes of Mark Zuckerberg, Jeff Bezos, and Elon Musk.
Persons: Bernard Arnault's, , Bernard Arnault, Arnault, Louis Vuitton, LVMH, Pan Gongsheng, Larry Ellison's, Mark Zuckerberg, Jeff Bezos, Elon Musk Organizations: Consumers, Service, Bloomberg, Dior, Tiffany, TAG Heuer, People's Bank of China, Oracle Locations: China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. More important: Unlike other face-computing tech I've tried over the years — Google's Glass, Apple's Vision Pro, Meta's own line of Quest goggles — this is one I can actually imagine buying, and using, in real life. Meta's Orion glasses can serve many of the same purposes as a smartphone. Meta's Orion glasses are connected to a wristband that reads muscle movements. If Orion, or any other device Meta makes, becomes the future of computing, then Zuckerberg can operate his business on his devices.
Persons: , Mark Zuckerberg, Alex Heath, I've, Orion, who's, Meta Orion, It's, Zuckerberg, Meta, he's Organizations: Service, Orion, Business, Meta, Apple, Google
Meta's smart glasses are getting an upgrade. "People love their Ray-Ban Meta glasses so much so that for a little while, we were struggling to keep up with the demand." The Ray-Ban Meta Wayfarer with polarized lenses costs $329, while the Transitions options are $379, according to Meta's website. The existing models of Ray-Ban Meta glasses let customers capture photos and videos, live stream on Instagram, and accept video calls. Last September, the tech giant announced it was adding Meta AI to its smart glasses for US-based customers, letting them use the virtual assistant AI with the command, "Hey Meta."
Persons: Mark Zuckerberg, Ray, Zuckerberg, There's, They're, that's, Meta, Insider's Jordan Hart Organizations: Service, Meta
Read previewNvidia CEO Jensen Huang was one of several big names to try out Meta's new "Orion" prototype glasses at Meta's Connect event on Wednesday — and he appeared to be a fan. The Nvidia CEO, who was one of the testers, referred to the glasses' 100-gram weight as "a big deal" and complimented various aspects of the technology. AdvertisementThe "Orion" glasses are the first prototype of full holographic augmented reality, and Zuckerberg referred to them as the "most advanced glasses the world has ever seen." The Meta CEO named several of the challenges with building the glasses, like the need for a wide field of view while keeping them light. The Meta CEO has bragged about stockpiling GPUs to build a "massive amount of infrastructure" to further the company's AI efforts.
Persons: , Jensen Huang, Mark Zuckerberg, Huang, Zuckerberg, it's Organizations: Service, Business, Nvidia, Meta
New York CNN —Facebook and Instagram users will now be able to talk to voices that sound a lot like John Cena and Judy Dench. Parent company Meta (META) announced Wednesday that it is adding voice conversations and celebrity voices to its artificial intelligence chatbot, Meta AI. Now, instead of simply messaging with the chatbot, users can have real-time conversations and can choose from a selection of computer-generated or celebrity voices. The company partnered with Cena and Dench, as well as actors Kristen Bell, Awkwafina and Keegan-Michael Key, to train the chatbot to replicate their voices. Previously, influencers could train AI to have text conversations with their followers; now, followers will be able to have full, quasi-video calls with the AI versions of influencers who use the tool.
Persons: John Cena, Judy Dench, Cena, Dench, Kristen Bell, Awkwafina, Michael Key, Mark Zuckerberg, it’s, OpenAI, Scarlett Johansson, Johansson, Zuckerberg Organizations: New, New York CNN, Facebook, Meta, Keegan, Meta Connect Locations: New York
Meta Connect 2024 kicks off at 1 p.m. The CEO is expected to talk about AI, Meta's Ray-Bans and Quest, and demo the "Orion" AR glasses prototype. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta Connect kicks off on Wednesday afternoon, and the tech industry is anticipating some flashy new hardware.
Persons: Mark Zuckerberg, Meta's Ray, , it's Organizations: Service, Meta, Business
Mark Zuckerberg is one of only three people in the ultra-exclusive $200 billion club. The Meta CEO has joined Elon Musk and Jeff Bezos after a $72 billion wealth surge this year. Bezos' net worth rebounded above $200 billion, while LVMH's Bernard Arnault crashed out of the club. AdvertisementMark Zuckerberg just joined a club that's even more exclusive than the $100 billion club. Zuckerberg has made the cut following an unmatched $72 billion increase in his wealth to $200 billion this year.
Persons: Mark Zuckerberg, Elon Musk, Jeff Bezos, LVMH's Bernard Arnault, , Zuckerberg, That's Organizations: Elon, Service, Amazon, Bloomberg, Business
In private, Zuckerberg identifies with the libertarian ideology, sources told the New York Times. AdvertisementOut of the public eye, Mark Zuckerberg identifies with libertarianism — or at least that's according to the few sources privy to his private political thoughts. As Zuckerberg attempts to convince Republicans that he, and his company Meta, are nonpartisan, sources told the New York Times that he's sunk into a political cynicism. Much of the animosity toward Zuckerberg trickles down from the top of the party, beginning with former President Donald Trump himself. Zuckerberg suspended Trump's Facebook account after the events of January 6 and thus ignited the former president's anger.
Persons: Zuckerberg, Zuck, , Mark Zuckerberg, Brian Baker, Donald Trump Organizations: New York Times, Service, Republicans, Meta, Facebook
The truth about promotions
  + stars: | 2024-09-24 | by ( Aki Ito | ) www.businessinsider.com   time to read: +9 min
That was obviously a bad idea, and since then, we've spent a century and a half honing the art and science of promotions. To study promotions, the researchers conducted a series of clever experiments. But in other groups, managers were selected based on their own preferences. What did much better at predicting good managers was intelligence, as measured by a common IQ test. "Don't think, well, they like to talk, and therefore they're going to be a good manager."
Persons: we've, we're, David Deming, It's, Dunning, Kruger, Mark Zuckerberg, Elon Musk, Deming, they'll, Aki Ito Organizations: National Bureau of Economic Research, Employees, Harvard Kennedy School, Harvard, Tech, Business Locations: America
Meta has a curious addiction to celebrities
  + stars: | 2024-09-24 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +5 min
Read previewMeta is reportedly set to introduce AI chatbots voiced by celebrities like John Cena, Awkwafina, Keegan-Michael Key, Kristen Bell, and Dame Judi Dench. (I assume that's the name of the Judi Dench stan-dom) who haven't yet found the right reason to experiment with an AI voice chatbot. Around this time last year, Meta introduced a different round of celebrity AI assistants as part of Messenger. So why is Meta using the celebrity AI playbook again if it apparently crashed and burned last time? AdvertisementHow celebrities can help MetaSo, Meta relying on celebrity voices for its AI products feels a little odd to me.
Persons: , John Cena, Awkwafina, Keegan, Michael Key, Kristen Bell, Dame Judi Dench, Judi Dench stan, Meta, chatbots, Kendall Jenner, Tom Brady, Snoop Dogg, Billie, playbook, It's, Taylor Swift, Mark Zuckerberg, Swift, Kamala Harris, Peter Kafka, Kim Kardashian, Jennifer Lopez, Judi Dench, Yann LeCun Organizations: Service, Business, Meta, Super, Facebook, Dame
Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.
Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China
Facebook cofounder Eduardo Saverin is currently the wealthiest person living in Singapore. He just donated $15 million to the Singapore American School. Go to newsletter preferences Thanks for signing up! AdvertisementMeta CEO Mark Zuckerberg's former business partner is making a massive donation to the Singapore American School. Facebook cofounder Eduardo Saverin donated 20 million Singapore dollars, or around $15.5 million, to SAS, the school announced on Friday.
Persons: Eduardo Saverin, , Mark Zuckerberg's Organizations: Singapore American School, Service, Facebook, SAS, Business Locations: Singapore, Woodlands, Malaysia
In a "60 Minutes" interview that aired Sunday, FTC Chair Lina Khan said allowing Big Tech to go through hundreds of acquisitions in the past several decades was a mistake that hurt Americans. An FTC spokesperson did not respond to a request for comment. "After some of those firms were bought up by one of the big guys, all of those data privacy policies changed overnight, and so Americans lost those privacy protections." A WhatsApp spokesperson told BI at the time that the company disagreed with the decision and that the penalties were "entirely disproportionate." An FTC spokesperson told CNN in 2023 that, under Khan, the agency has investigated or sued to stop more than three dozen merger proposals.
Persons: , Lina Khan, Khan, Mark Zuckerberg's, we're, WhatsApp, Joe Biden, Kamala Harris, Reid Hoffman, Khan's, Matt Gaetz, Newsmax Organizations: Service, Trade, Big Tech, Business, Facebook, FTC, YouTube, Democratic, Republican, CNN, Florida, Street Journal Locations: Washington ,
Insider Today: Nike's airball
  + stars: | 2024-09-22 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. I'll be here on the weekend to break down some of the biggest stories in business and help you get ahead. The Oregon-based company last week announced Elliott Hill would return to the company as CEO, replacing John Donahue. AdvertisementAn internal "Frequently Asked Questions" document, obtained by Business Insider, outlined how the RTO plan will work.
Persons: , Matt Turner, Donald Trump, There's, It's, it's, Elliott Hill, John Donahue, Dre Waltizer, Jeff Chiu, Alyssa Powell, Larry, Wayne Osborne, Osborne, Wayne, Andy Jassy, David X Prutting, Paul Porter, Rebecca Zisser, Alexander brothers, Oren, Alon, Tal Alexander, iStock, — Mark Zuckerberg, Taylor Swift Organizations: Service, Fed, Nike, Business, Investors, Google Locations: China, The Oregon
Mark Zuckerberg is committed to building a winning open-source platform. On a podcast, Zuckerberg discussed the ideological tug-of-war between open- and closed-source tech. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMeta CEO Mark Zuckerberg wants to go all in on open-source.
Persons: Mark Zuckerberg, Zuckerberg, Meta, Organizations: Service, Business Locations: San Francisco
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