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Mark Zuckerberg has joined the world’s most exclusive club of the ultra rich. The Facebook CEO on Thursday became a centibillionaire: someone who is worth at least $100 billion. He crossed the milestone after shares in the social network surged. Only two other men, Amazon’s Jeff Bezos and Microsoft’s Bill Gates, have bigger personal fortunes. …

It’s looking like Big Tech isn’t going back to the office any time soon. Facebook this week announced that it will allow its employees to work from home until next July, following in the footsteps of Google, which has also told workers to stay home until summer 2021. The social networking giant will also give …

Facebook and Twitter took action against President Trump’s official and campaign accounts respectively on Wednesday, saying the accounts broke misinformation rules in posting a video clip in which the president says children are “almost immune” from COVID-19. Facebook removed the post of the video clip from a Fox News interview in which the president argues …

The biggest lease of the year is done – and it’s momentous good news for a limping office-leasing market in a city beleaguered by the coronavirus. Facebook on Monday closed on a long-awaited deal for 730,000 square feet at Vornado’s Farley Building, the former post office site between Madison Square Garden and the Hudson Yards …

Facebook has inked deals with music giants that will let its billions of users watch hit music videos alongside viral cat clips and political rants, the company said Friday. Official music videos from artists such as Nicki Minaj, Bob Marley and the Jonas Brothers will go live on the social network Saturday thanks to Facebook’s …

Facebook’s stock price soared in premarket trading Friday as Wall Street cheered its resilient revenue growth despite the coronavirus pandemic and an advertising boycott. Facebook shares had climbed about 6.6 percent to $250.09 by 7:15 a.m. after it reported more than $18.6 billion in second-quarter revenues Thursday, an 11 percent jump from the same period …

A day after their leaders faced five hours of interrogation in Congress over allegations their power and influence is out of control, four of the biggest American tech companies saw their combined market value swell by $250 billion thanks to earnings that shocked even Wall Street. Shares of Amazon.com Inc., Facebook Inc., Apple Inc. and …

House Judiciary Committee Chairman Jerrold Nadler on Wednesday accused Google and Facebook of being responsible for the demise of journalism in the US. Directly addressing Alphabet CEO Sundar Pichai and Facebook boss Mark Zuckerberg, Nadler said that the two Silicon Valley titans “have gravely threatened journalism,” and described the news industry as being in “economic …

House Democrats on Wednesday told Facebook CEO Mark Zuckerberg that he may have to spin off Instagram to comply with antitrust laws. The Federal Trade Commission allowed Facebook to acquire Instagram in 2012, but House Judiciary Committee Chairman Jerrold Nadler (D-NY) said it wasn’t a closed case. “Mr. Zuckerberg, mergers and acquisitions that buy off …

Holocaust survivors are demanding Facebook remove posts denying that the genocide they escaped ever happened. The survivors are speaking out in a social-media campaign launched Wednesday by the Conference on Jewish Material Claims Against Germany, which argues that Facebook has been too lenient towards Holocaust deniers. The Claims Conference plans to post a new video …