Facebook founder #MarkZuckerberg lost $29 billion in net worth, as #Meta Platforms Inc's stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after #Amazon's blockbuster earnings.

$1,000 invested 10 years ago:

#Bitcoin: $3,535,000
#Tesla: $162,000
#Netflix: $27,700
#Amazon: $11,565
#Microsoft: $9,525
#Google: $7,275
#Apple: $7,450
#Meta: $7,330
#Visa: $6,570
#Costco: $5,630
#Nike: $4,925
#Starbucks: $3,745
#McDonalds: $2,950

#Meta's new #India head says the country is unparalleled as a #testing ground to #build scale

#Meta revenue grows above 10% for the first time in five quarters, issues optimistic

Social media giant #Meta is being sued by as many as 42 U.S. states over claims that the tech company has used #Instagram and #Facebook to exploit youths for profit.

#Meta added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street history after the Facebook parent declared its first dividend and posted robust results

#Meta is adding #ArtificialIntelligence to its Ray-Ban smart glasses next month according to a report from the New York Times

#Meta releases early versions of its #Llama3 #AI model