Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said his company will invest between $60 billion and $65 billion in capital expenditures related to artificial intelligence in 2025, well above the figure analysts had been projecting.

Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on Trump’s terms.”

Mark Zuckerberg is ready to put tens of billions of dollars toward making Meta (META) an artificial intelligence leader this year.

Zuckerberg warns he will cut ‘low performers’ as he looks to fire up to 5 percent of Meta staff: Report - Meta boss reportedly told staff that the company was looking to ‘move out low-performers faster’.

Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers." According to an internal company-wide memo obtained by Bloomberg, the Facebook owner is cutting around five percent of its staff based on performance.

Mark Zuckerberg is targeting Meta's low performers ... promised "generous severance" in line with previous rounds of layoffs, per Bloomberg. It's the latest round of cuts in Zuckerberg's self-proclaimed efficiency drive. In 2023, the CEO declared a ...

A well-placed venture capitalist helping craft Trump’s tech policy told NYNext that for the first time in years, “I don’t know anyone going to Davos.”

Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal message board, Zuckerberg indicated that the company would hire new workers this year to replace the ousted employees.

Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.

Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an "intense" year ahead.

Financial writer discusses Warren Buffett's sales of Apple Inc., Zuckerberg's criticism, and the impact on AAPL's stock post-Trump's victory. Click for our updated.