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Zuckerberg marks 20 years of Facebook: Reflects on past, envisions, ‘The best is yet to come’

Livemint

Livemint · 1y ago

Zuckerberg marks 20 years of Facebook: Reflects on past, envisions, ‘The best is yet to come’

Mark Zuckerberg celebrated the 20th anniversary of Facebook, acknowledging its evolution into a global phenomenon. He shared a nostalgic video reflecting on pivotal moments from the past two decades, highlighting the complexities faced along the way, including disputes with co-founder Eduardo Saverin. Despite challenges, Facebook has thrived under Zuckerberg's leadership, boasting over 3 billion monthly users. With Meta leading the charge, Zuckerberg envisions a future filled with innovation and progress. Meanwhile, Meta has experienced a remarkable resurgence, with significant growth in revenue and profits. Zuckerberg's net worth has also surged, making him the fourth wealthiest individual.

Related News

Facebook is turning 20. Now Mark Zuckerberg is figuring out what comes next for Meta.

Business Insider

Business Insider · 1y ago

Facebook is turning 20. Now Mark Zuckerberg is figuring out what comes next for Meta.

Facebook CEO Mark Zuckerberg has been in control since the company's founding 20 years ago. Unlike other tech giants, Zuckerberg has not yet passed off leadership to someone else. He is making long-term bets on the metaverse and artificial general intelligence (AGI), hinting at Meta's plan to develop AGI in a recent video. Despite concerns about the metaverse's potential, Meta's stock value has risen, and Zuckerberg's net worth has reached $142 billion. The company's Reality Labs division has accumulated significant losses, but Meta plans to continue investing. Only Zuckerberg can decide when to step down from his position.

Mark Zuckerberg Meets With Trump at Mar-a-Lago

Economic Times

Economic Times · 10m ago

Mark Zuckerberg Meets With Trump at Mar-a-Lago

Facebook CEO Mark Zuckerberg met with President-elect Donald Trump in an effort to establish a positive rapport. Zuckerberg has had a strained relationship with Trump in the past, with Trump accusing Facebook of censoring conservative viewpoints. The two men exchanged pleasantries during the meeting, and Zuckerberg congratulated Trump on winning the presidency. This meeting comes as Zuckerberg seeks to insulate Facebook and its subsidiaries (Instagram and WhatsApp) from potential blowback from the incoming administration. Zuckerberg has been trying to repair the relationship with Trump over the past 18 months, having phone calls and expressing support for Trump during a rally where Trump was shot at by an assassin.

Mark Zuckerberg's political evolution, from apologies to no more apologies

Economic Times

Economic Times · 9m ago

Mark Zuckerberg's political evolution, from apologies to no more apologies

Mark Zuckerberg has shifted from a conciliatory approach regarding misinformation on Facebook to emphasizing free expression by ending Meta's fact-checking program. Previously apologetic after the 2016 U.S. elections, Zuckerberg now returns to his libertarian roots, focusing on technology and AI rather than content moderation. His transformation reflects his desire to avoid external interference and criticism. Despite previous efforts to address misinformation, Zuckerberg prioritizes free speech, embracing a less restrictive stance on content regulation.

Almost a decade after acquiring it, Mark Zuckerberg taps the strengths of WhatsApp

Economic Times

Economic Times · 1y ago

Almost a decade after acquiring it, Mark Zuckerberg taps the strengths of WhatsApp

Mark Zuckerberg is tapping into the strengths of WhatsApp, the messaging app he acquired almost a decade ago. With over 2 billion users globally, WhatsApp has become increasingly crucial to Meta (formerly Facebook), bringing in significant revenue through ads and becoming a cornerstone for business messaging. Zuckerberg envisions WhatsApp as the private social platform of the future, highlighting its potential for intimate conversations and as a primary conversation app. Despite facing competition and regulatory challenges, WhatsApp continues to evolve, offering new features such as channels to attract a wider user base.

Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'

Business Insider

Business Insider · 1y ago

Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'

Former President Donald Trump has expressed concern over the potential ban of TikTok in the US. He believes that eliminating the app could strengthen Facebook and its CEO, Mark Zuckerberg. Trump's comments come after TikTok users launched a campaign against a proposed bill that would ban the app or require its sale to a non-Chinese company. The White House supports the bill, which aligns with Trump's previous stance on TikTok. Trump has a history of feuding with Zuckerberg, calling him a "criminal" and accusing him of interfering in elections.

Arielle Zuckerberg firm invests in French space tech company Dark

Reuters · 1y ago

Arielle Zuckerberg firm invests in French space tech company Dark

Arielle Zuckerberg, sister of Facebook CEO Mark Zuckerberg, has invested in French space technology company Dark through her venture capital firm Long Journey. Dark aims to prevent space debris from falling back to Earth. Long Journey, which has previously invested in SpaceX and Anduril, joined the recent $6 million fundraising round for Dark. The investment reflects the growing trend of funding in the space sector, with funding for space startups reaching $6.5 billion in Q1 2021, according to Space Capital.

Zuckerberg disses closed-source AI competitors as trying to 'create God'

TechCrunch · 1y ago

Zuckerberg disses closed-source AI competitors as trying to 'create God'

In a recent interview, Meta CEO Mark Zuckerberg shared his vision for the future of AI, stating that he doesn't believe in the concept of a singular, all-encompassing AI. Instead, he emphasized the value of open source and the need for multiple AI tools to cater to different interests and preferences. Zuckerberg criticized closed AI platforms, asserting that the best experiences come from unlocking the potential of various individuals and allowing them to explore different approaches. He also discussed Meta's plans for AI avatars on Instagram and the development of display-less smart glasses.

Space industry funding in India falls 55% in 2024, may pick up this year

VCCircle

VCCircle · 9m ago

Space industry funding in India falls 55% in 2024, may pick up this year

In 2024, funding for India's space industry dropped by 55% to $59.1 million, contrasting a global decline of 20%. This marks the first decline in at least five years, according to Tracxn. Despite high-profile missions like the Chandrayaan-3 lunar landing, total funding for Indian space startups over the past five years reached $354 million. A government fund aims to boost investment, with expectations of a rebound in 2025 as companies reach crucial milestones.

Mark Zuckerberg promises you can trust him with superintelligent AI

The Verge

The Verge · 2m ago

Mark Zuckerberg promises you can trust him with superintelligent AI

Meta CEO Mark Zuckerberg envisions a future where personalized superintelligent AI, especially in the form of smart glasses, empowers individuals by helping them achieve personal goals and grow. He distinguishes Meta's mission from competitors by focusing on personal empowerment rather than automating work for societal support. Despite a costly hiring spree, many AI researchers decline Meta's offers, indicating the significance of aligned ethics and goals. Zuckerberg cautions against open-sourcing AI models without safeguards.

Meta’s “AI superintelligence” effort sounds just like its failed “metaverse”

Arstechnica

Arstechnica · 3m ago

Meta’s “AI superintelligence” effort sounds just like its failed “metaverse”

Meta's CEO Mark Zuckerberg recently unveiled plans for "personal AI superintelligence for everyone," reminiscent of his earlier, ambitious metaverse vision from 2021. Despite significant investments, the metaverse has largely failed to deliver on its promises, raising skepticism about the potential impact of this new AI initiative. Zuckerberg envisions AI transforming how people interact and creating a future of productivity and creativity, but challenges remain regarding technology limitations and user satisfaction, echoing doubts from the metaverse era.

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