Billionaires gone wild: Musk, Zuckerberg slash jobs, roll dice with future of Bay Area tech icons

Published by
The Mercury News

As Elon Musk and Mark Zuckerberg lay off thousands of workers in pursuit of their personal visions for the future of the internet, the fate of Twitter and Facebook rests in the hands of these two billionaires, experts say — and the outcome for the two iconic Bay Area technology firms is far from clear. Under CEO and founder Mark Zuckerberg, Facebook parent Meta is hemorrhaging billions of dollars in pursuit of an immersive online World Zuckerberg calls “the metaverse” and touts as the future of social life, work, entertainment and commerce. And under CEO and recent buyer Elon Musk, Twitter is …

Read More

See also  PSE wins “best exchange in SE Asia” award, promptly fails to open due to technical glitch

Leave a Reply