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Tim Cook just officially became a billionaire. Take a look at how the Apple CEO spends his fortune.

Apple CEO Tim Cook is officially a billionaire, per calculations by the Bloomberg Billionaires Index. Apple now has a market value of nearly $2 trillion, per Bloomberg. Cook's wealth derives from his Apple salary, the number of shares he holds in the company, and the proceeds he's made from share sales. Despite his billionaire status, the native Alabaman doesn't live lavishly.  He reportedly spends most of his time at the office and lives in a Palo Alto home that's worth less than 75% of the ...
Tags: Apple, Facebook, Mark Zuckerberg, Nordstrom, Cook, Steve Jobs, New York City, America, Barack Obama, Trends, Nike, Bloomberg, Palo Alto, Hillary Clinton, Larry Ellison, Tim Cook


Silicon Valley's favorite fashion designer shared the advice Jeff Bezos gave him for making a big decision: decide at 10:30 a.m. (AMZN)

Italian fashion designer Brunello Cucinelli recently shared some advice Amazon CEO Jeff Bezos gave him for making an important decision.  "He said, 'Normally, I make important decisions around 10:30 a.m. I'll discuss it the day before, I'll sleep on it and in the morning I'll actually make the decision,'" Cucinelli told The Wall Street Journal.  Cucinelli and Bezos have been friends for a few years, it seems. Last June, Bezos was a guest at Cucinelli's "Solomeo Summit" in Italy, which also inc...
Tags: Amazon, Facebook, Mark Zuckerberg, Instagram, Greece, Dick Costolo, Trends, Earth, Italy, Parthenon, Silicon Valley, Jeff Bezos, Seattle, Kevin Systrom, Wall Street Journal, Journal


Apple CEO Tim Cook hits billionaire status

Apple chief executive Tim Cook has joined the billionaire's club, according to analysis by Bloomberg. Cook's net worth reflects a mix of the salary he's earned at Apple, the number of shares he holds in the firm, and the proceeds from his share sales, per Bloomberg. Apple's market capitalization is hovering around $2 trillion. Unlike several other big tech CEOs, Cook is not a founder-CEO, so his net worth is considerably lower than some of his peers. Visit Business Insider's homepage for more ...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Cook, Microsoft, Satya Nadella, US, Trends, Bloomberg, Bill Gates, Tim Cook, SEC, Jeff Bezos, Sundar Pichai


How old 14 of the world's richest people were when they first became billionaires

Not all billionaires join the three comma club at the same age. Bill Gates may be richer than Mark Zuckerberg, but the Facebook CEO became a billionaire when he was nearly a decade younger. Oprah Winfrey became a billionaire at age 49. Visit Business Insider's homepage for more stories. When Bill Gates became a billionaire in 1987 at 31, he was the youngest person to ever join the three comma club. In 2008, Mark Zuckerberg took that title when he reached billionaire status at 23.  But not all...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Spacex, Microsoft, Ebay, Disney, Dallas Mavericks, America, Trends, Tesla, Bloomberg, Paypal, Snapchat, Larry Page


Facebook is reportedly expanding its banking ambitions with a new division that will run all of the tech giant's payment projects, including Facebook Pay (FB)

Facebook is kicking off a new internal group that will oversee all of the company's payment projects, including Facebook Pay. According to a Bloomberg report, the new program will be called Facebook Financial, or F2, and will be run by David Marcus, the cocreator of the firm's Libra cryptocurrency project. The new group is one of the company's latest efforts as part of its broader foray into commerce and finance. Visit Business Insider's homepage for more stories. Facebook is launching a new ...
Tags: Facebook, Mark Zuckerberg, India, Trends, Bloomberg, David Marcus, Brazil, Libra, Facebook s Messenger, Facebook WhatsApp Instagram, Facebook Marcus, Facebook Pay FB, Facebook Financial


In their recent showdown with Congress, the tech titans argued they hadn't grown too powerful. The days that followed told a very different story. (GOOGL)

The CEOs of four tech giants recently defended their market power in a historic antitrust hearing. A week later, it feels like business as usual. Blockbuster earnings, copycat apps, and near-$2-trillion market caps tell a different story to the one we heard from these companies a week ago. Visit Business Insider's homepage for more stories. Four of the world's most powerful tech CEOs appeared virtually before Congress late last month to defend against accusations they had grown too powerful. ...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Congress, Trends, Eu, House, Tim Cook, Ufc, App Store, Justice Department, Adt, Pramila Jayapal D Wash


Bill Gates says most COVID-19 tests in the US are 'completely garbage' because it takes too long to get results

Bill Gates says there's one massive problem with COVID-19 tests in the US: results take too long to come back. He said in a recent interview with WIRED that the majority of US COVID-19 tests are "completely garbage" and "wasted." To solve the problem of slow testing, Gates said medical providers shouldn't receive payment for COVID-19 tests unless they can produce results within 48 hours. He also called on Mark Zuckerberg to do more to combat the spread of misinformation and conspiracy theories...
Tags: Facebook, Mark Zuckerberg, Microsoft, US, Trends, Bill Gates, Bill, Gates, Trump, Mark, Melinda Gates Foundation, Facebook Visit Business Insider, COVID


Silicon Valley's open offices are probably over, thanks to the coronavirus — but they were always bad for employees anyway

The coronavirus outbreak will have long-lasting effects on US workers, particularly when it comes to the open office made popular by Silicon Valley companies like Facebook and Google.  Experts say that the open office was never very positive for employees, who reported feeling less productive and more distracted, got sick more easily, and felt pressured to work longer and harder because of their lack of privacy.  When offices begin reopening, whether that's this year or next summer, we're like...
Tags: Google, Facebook, Mark Zuckerberg, Microsoft, US, America, Trends, Silicon Valley, The New York Times, Fast Company, Harvard Business Review, Business Insider, Wilkinson, Steelcase, Mountain View California, Hanley


Bill Gates Weighs In on US Pandemic Response, Encryption, and Grilling Tech Executives

Bill Gates gave a wide-ranging new interview to Wired's Steven Levy (also republished at Ars Technica.) The interview's first question: as a man who'd been warning about a pandemic for years, are you disappointed with the response of the United States? Bill Gates: Yeah. There's three time periods, all of which have disappointments. There is 2015 until this particular pandemic hit. If we had built up the diagnostic, therapeutic, and vaccine platforms, and if we'd done the simulations to underst...
Tags: Mark Zuckerberg, Congress, Cdc, White House, Tech, Ars Technica, United States, Facebook Messenger, Bill Gates, Gates, Jesus Christ, Steven Levy, Mark, Congressional


Mark Zuckerberg Gets Even Richer, Joins The Ranks Of The ‘Centibillionaires’

The man who created Facebook in his dorm room is now worth at least $100 billion.
Tags: Facebook, Mark Zuckerberg, News


Why We Have a 'TikTok Problem'

An anonymous reader shares an analysis: As national security expert Lucas Kunce notes, Facebook is in fact the reason we have a TikTok problem to begin with. When Twitter launched a TikTok-like product Vine years before, Facebook actively killed the product by refusing to let Vine access its APIs on the same terms other corporations got. Mark Zuckerberg personally made the call to shut off access to Vine, and Twitter eventually shut the product down. Then, Facebook allowed TikTok to advertise ma...
Tags: Facebook, Mark Zuckerberg, Twitter, Tech, Vine, Chinese communist party, Zuckerberg, Lucas Kunce


"Hello. I am Mark Zuckerberg. I am a human. Just like you."

I like . [Author: [email protected] (Ann Althouse)]
Tags: Mark Zuckerberg, Law, Cartoons, Zuckerberg, Ann Althouse


Brand Moves for Friday August 7

Twenty-three weeks ago, when the gravity of the situation became clear, we started daily reporting on how brands were dealing with the COVID-19 crisis. What’s now becoming clear is that the current climate is one of near-perpetual disruption. So we made the decision to keep on telling the stories of inspiring brand leadership and strategy amid the latest crises in an anxious world. Our goal remains the same: to provide an up-to-the-minute source of information, inspiration and insight on brand ...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, UK, New York, Instagram, Microsoft, Australia, New York City, Advertising, Disney, Canada, United States, Ofcom, New Zealand


Facebook CEO Mark Zuckerberg is now worth $100 billion

Mark Zuckerberg, the Facebook CEO and one of the world's richest men, just got even richer.
Tags: Facebook, Mark Zuckerberg, Cnn


Mark Zuckerberg is now worth $100 billion

Mark Zuckerberg has joined the world's most exclusive club of the ultra rich.
Tags: Mark Zuckerberg, News, Stories


Facebook extends coronavirus work from home policy until July 2021

Facebook has joined Google in saying it will allow employees to work from home until the middle of next year as a result of the coronavirus pandemic. “Based on guidance from health and government experts, as well as decisions drawn from our internal discussions about these matters, we are allowing employees to continue voluntarily working from home until July 2021,” a spokeswoman told the Reuters news agency. Facebook also said it will provide employees with an additional $1,000 to spend on “...
Tags: Apple, Google, Social, Work From Home, Facebook, Mark Zuckerberg, Twitter, UK, New York, London, Office, Tech, Remote Work, Atlanta, Reuters, Denver Dallas


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning. Trump issued two executive orders aimed at Chinese-owned apps, barring US companies from doing business with TikTok parent company ByteDance and messaging app WeChat. The order, which is set to go into effect in 45 days, claims TikTok "continues to threaten the national security, foreign policy, and economy of the United States." Mark Zuckerberg tells Facebook employees...
Tags: Apple, Google, Facebook, Mark Zuckerberg, UK, Microsoft, China, US, Trends, Bloomberg, United States, Ireland, Bill Gates, Jeff Bezos, Alexa, Pixel


Facebook boss Mark Zuckerberg joins centibillionaire club

The 36-year-old follows Jeff Bezos and Bill Gates as fortune passes $100bn for first timeMark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centibillionaires, after Facebook’s shares surged on news it is to launch a rival to the video-sharing app TikTok.Facebook announced the US rollout of Instagram Reels, its answer to the Chinese app TikTok, as the US president, Donald Trump, issued bans on American companies transacting with ...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Business, Microsoft, US, US news, Bill Gates, Tencent, Jeff Bezos, Donald Trump, Alphabet, Zuckerberg, Bytedance, The super-rich


Facebook boss reportedly ‘really worried’ over possible TikTok ban

The Facebook boss said a ban would set "a really bad long-term precedent"
Tags: Facebook, Mark Zuckerberg, News, Trends, Social Media, Tiktok, Breaking Twitter


Mark Zuckerberg just became the third person on Earth worth over $100 billion. Here's how the Facebook CEO makes and spends his fortune.

Mark Zuckerberg's fortune surpassed $100 billion after Facebook launched its TikTok competitor in the US. That makes the tech titan only the third current centi-billionaire on Earth. In June, advertisers including Verizon, Honda, and Ben & Jerry's boycotted Facebook over the social network's lack of hate-speech moderation. The boycott briefly sunk both Facebook's share price and CEO Mark Zuckerberg's net worth. Zuckerberg drives an affordable car and wears basic clothes, but appears to splur...
Tags: Facebook, Mark Zuckerberg, Europe, Instagram, Yahoo, Minneapolis, US, America, San Francisco, Trends, Eu, Palo Alto, Harvard, Ford, Paris, Athens


Mark Zuckerberg tells Facebook employees he's 'really worried' about possible TikTok ban

The parent company behind TikTok is in discussions with Microsoft and other US tech companies about acquiring the viral app's US operations. Mark Zuckerberg was asked at a recent Facebook all-hands meeting whether the company was interested in acquiring TikTok, BuzzFeed reports. Although Zuckerberg refused to comment on Facebook's business strategy, he did address Donald Trump's threatened ban of TikTok in the US. "It's a really bad long-term precedent, and that it needs to be handled with the...
Tags: Facebook, Mark Zuckerberg, Microsoft, Youtube, China, US, Trends, Fbi, Beijing, New Zealand, Donald Trump, Zuckerberg, Trump, US Australia Canada, Jake Paul, Instagram A Facebook


Facebook is letting its employees work from home until July 2021 due to the pandemic (FB)

Facebook is extending its work-from-home policy until July 2021. The company will let employees work remote until summer of next year due to the pandemic. Facebook also expects to have up to 50% of its workforce permanently working remotely within five to ten years. Got a tip? Get in touch via encrypted messaging app Signal at +1 650-636-6268 or [email protected] Facebook is letting employees work from home until July 2021. The Silicon Valley-headquartered social networking giant has...
Tags: Google, Facebook, Mark Zuckerberg, US, Trends, Washington Dc, Silicon Valley, Signal, Nneka Norville


Pro-Trump Group’s Lies Were Too Big for Facebook

Facebook has tried hard not to fact-check the political content on its platform but a multimillion dollar pro-Trump political action committee’s troubles with the truth were so egregious, the social media company temporarily suspended their account on Thursday.  The company took action against the account for the Committee to Defend the President, a political action committee which began in 2013 as an anti-Hillary Clinton group but which has since changed its focus to pro-Trump activism. “As a r...
Tags: Facebook, Mark Zuckerberg, News, Obama, Barack Obama, Reagan, Joe Biden, Hillary Clinton, United States, Fox News, Louisiana, Biden, Cnbc, Committee, Trump, Sen Bob Menendez


Facebook CEO Mark Zuckerberg's net worth just ballooned above $100 billion for the first time ever

Facebook CEO Mark Zuckerberg's net worth just passed the $100 billion mark. Zuckerberg, Amazon CEO Jeff Bezos, and Microsoft cofounder Bill Gates are now the only three people in the world to be worth at least $100 billion, per Bloomberg. The executive's ballooned fortune comes as Facebook unveils its Instagram Reels, a TikTok-like feature in the app, and as Facebook has experienced a booming stock price during the pandemic. Visit Business Insider's homepage for more stories. Facebook CEO Mar...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Congress, Trends, Bloomberg, Bill Gates, Jeff Bezos, Donald Trump, Zuckerberg, Amazon Apple, Zuckerberg Amazon


Facebook And Twitter Penalize Trump For Spreading False COVID Claims

Facebook and Twitter took decisive action against President Donald Trump on Wednesday for spreading coronavirus misinformation after his official and campaign accounts broke their rules. The Washington Post reported that Facebook removed a post of a Fox News video clip from Trump’s official account in which the President tells Fox News hosts that children are “almost immune” to coronavirus. Per the Post, Twitter said it hid the Team Trump account’s post featuring the same video, and that the ...
Tags: Facebook, Mark Zuckerberg, Twitter, Post, News, Washington Post, Cdc, United States, Fox News, Donald Trump, Zuckerberg, Trump, Donald Trump Jr, Team Trump, Andy Stone, June Zuckerberg


Facebook removed a Trump post because it violated the company's policies banning 'harmful COVID misinformation' (FB)

Facebook took down a post by President Donald Trump for violating its policies against misinformation, the company confirmed. Trump posted a video of his interview with Fox News where he falsely claimed that children are "almost immune" from COVID-19, which CNN reporter Donie O'Sullivan captured before it was removed from Facebook. "This video includes false claims that a group of people is immune from COVID-19 which is a violation of our policies around harmful COVID misinformation," a Facebo...
Tags: Facebook, Mark Zuckerberg, Minnesota, Trends, Cnn, Fox News, The New York Times, Donald Trump, Trump, Donald J Trump, Donie O Sullivan, Business Insider Facebook, Davey Alba, COVID, George Floyd Join, Davey Alba Facebook


Facebook Must Better Police Online Hate, State Attorneys General Say

Twenty state attorneys general on Wednesday called on Facebook to better prevent messages of hate, bias and disinformation from spreading, and said the company needed to provide more help to users facing online abuse. From a report: In a letter [PDF] to the social media giant, the officials said they regularly encountered people facing online intimidation and harassment on Facebook. They outlined seven steps the company should take, including allowing third-party audits of hate content and offer...
Tags: Facebook, Mark Zuckerberg, Twitter, California, Youtube, Tech, United States, New Jersey, District Of Columbia, Black Lives Matter, Sheryl Sandberg, Zuckerberg, Facebook Twitter, David Duke, Richard Spencer, Facebook They


20 state attorneys general are demanding that Facebook improve its policing of online hate speech and disinformation (FB)

State attorneys general are calling on Facebook to do more to fight hate speech and disinformation. 20 AGs signed an open letter addressing the social network on Wednesday. The coalition asks Facebook to more closely police itself, and improve tools for users who are trying to report harassment and abuse. Facebook said in a statement it "share[s] the Attorneys General's goal of ensuring people feel safe on the internet." Twenty state attorneys general from across the US are demanding Facebook...
Tags: Facebook, Mark Zuckerberg, US, Trends, New York Times, Signal, Sheryl Sandberg, AGS, Rob Price, Contact Business Insider, Civil Rights Audit, California New York the District of Columbia


Facebook's Instagram Launches TikTok Copycat in Political Storm

Facebook's Instagram photo-sharing app is launching its clone of TikTok in more than 50 countries, a week after Chief Executive Officer Mark Zuckerberg defended the company's copycat strategies to U.S. lawmakers at an antitrust hearing. From a report: The product, called Reels, lets people edit 15-second clips of videos together alongside music, just like on TikTok. It will be embedded into Instagram in the U.S. and elsewhere, the company said Wednesday in blog post. Reels is the second major In...
Tags: Facebook, Mark Zuckerberg, Instagram, Tech, Donald Trump, Facebook s Instagram, Lasso, Tiktok, TikTok Facebook


12 books on leadership and success billionaire Jeff Bezos thinks everyone should read

With a net worth of $185 billion, Amazon CEO Jeff Bezos is the richest person in modern history.  Bezos often credited his ideas and success to the lessons he learned in books.  Brad Stone, a New York Times best-selling author, published "The Everything Store" in 2013 and told the story of Bezos and Amazon. In the book, Stone disclosed the top books that Bezos counted on for career advice.  The list includes "The Remains of the Day" by Kazuo Ishiguro, a Nobel Prize-winning novel about a butler...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, England, Congress, America, Trends, Walmart, New York Times, Toyota, Jeff Bezos, General Electric, Kazuo Ishiguro, Collins