A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.
Stephanie Ruhle reacts to tech billionaires Elon Musk, Mark Zuckerberg and Jeff Bezos sitting right behind President Trump during the inauguration, closer to him than his cabinet.
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,
Former NHL player Wayne Gretzky was in attendance with his wife, Janet Jones. Trump has teased the former Edmonton Oilers, Los Angeles Kings and New York Rangers star. On Christmas Day, Trump urged Gretzky to become the next prime minister of Canada.
Trump's former chief strategist told ABC Sunday he believes the billionaires' inauguration attendance is an "official surrender" to the next administration.
Among the guests at Donald Trump's second inauguration in Washington, D.C. today were three billionaire tech CEOs: Amazon's Jeff Bezos, Tesla's Elon Musk, and Meta's Mark Zuckerberg. They were also joined by Google CEO Sundar Pichai and Apple CEO Tim Cook.
The news comes from Adam Mosseri, head of Instagram, who announced on Threads that Meta will be testing limited ads on the app for users based in the US and Japan. Ads on Threads
The decision to test ads on Meta comes amidst CEO Mark Zuckerberg's decision to end the company's US fact-checking program and loosen content moderation
Kara Swisher discusses the political and technological fears that LGBTQ+ people are currently facing as tech CEOs cozy up to Donald Trump's conservative agenda.