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The parent company of Facebook rebranded as Meta Platforms in October 2021. Current CEO Mark Zuckerberg, along with Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, founded the company in 2004. Meta’s flagship app remains a moneymaker, with robust ad sales revenue, and the company has focused its efforts on its video feature, Reels. Meta is facing headwinds of late with regard to privacy, trust and safety, and payments.

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Anthropic CEO Dario Amodei. Ruhani Kaur/Bloomberg via Getty Images.

Anthropic’s Contradiction; The Risks of Buying SpaceX Stock Now

By Martin Peers · Jun 14, 2026 3:01pm PDT

What a weekend! Set time aside this coming Thursday for the New York City ticker tape parade celebrating the victorious Knicks. The joy flowing from that game Saturday night tops even the plaudits flowing from SpaceX’s successful IPO (read down for more on that subject.) Still, SpaceX was quickly supplanted in the business limelight ... What a weekend! Set time aside this coming Thursday for the New York City ticker tape parade ...

Meta CTO Andrew Bosworth. Art by Shane Burke/Getty Images/Shutterstock

Tokenminimizing: Meta Moves to Curb Employee AI Usage as AI Costs Reach Billions

By Jyoti Mann · Jun 12, 2026 11:57am PDT

Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees’ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track employee AI usage and spending in real time, set budgets... Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits...

Art: Clark Miller

Bootleg Reta is Silicon Valley’s Drug of the Summer

By Jemima McEvoy · Jun 12, 2026 9:01am PDT

For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Francisco–based concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance perceived as a wonder drug among wonder drugs:... For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s...

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Art by Clark Miller; screenshot via YouTube.

Jay Edelson Made Facebook Pay. Now He’s Coming for Silicon Valley’s AI

By Andrew Zaleski · Apr 3, 2026 9:01am PDT · 3 comments

To a degree, Jay Edelson, the class-action litigator who has made himself a constant thorn in the side of Silicon Valley’s biggest companies, likes to present a laid-back image. No power suits and wing tips for him—he prefers hoodies and sneakers. His constant companion at his Chicago office is Arlo, a white-and-gray sheepadoodle. On... To a degree, Jay Edelson, the class-action litigator who has made himself a constant thorn in the...

Art by Mark Sullivan.

OpenAI Readies Itself for Its Facebook Era

By Kalley Huang, Erin Woo and Stephanie Palazzolo · Oct 24, 2025 6:03am PDT · 6 comments

This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her first all-hands meeting as the startup’s new CEO of applications, she acknowledged that she and many others at OpenAI shared the same background: They’d previously worked at Meta Platforms. And then Simo, who’d risen to be head of Facebook over a decade... This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her...

Meta CEO Mark Zuckerberg via Getty

Creator Economy

Why Facebook Mulled Wiping Friends Lists

By Kalley Huang and Kaya Yurieff · Apr 22, 2025 2:02pm PDT

Trials are great for airing technology executives’ private ruminations, including some of their most out-there strategies. Among the most extraordinary that have so far come to light in the Federal Trade Commission’s antitrust lawsuit against Meta Platforms is CEO Mark Zuckerberg’s “potentially crazy idea” in 2022 for refreshing Facebook: ... Trials are great for airing technology executives’ private ruminations, including some of their...