While the rivalry between centibillionaire media moguls Elon Musk, co-founder of Tesla and SpaceX and owner of Twitter, and Mark Zuckerberg, founder, chairman, and CEO of Meta, the parent company of Facebook, Instagram, WhatsApp, and Messenger, has recently intensified, the pair have been sniping at each other for years.
Highlighting just a few examples, in 2016, an unmanned SpaceX Falcon 9 rocket blew up on its launchpad in Cape Canaveral, Florida during a test, also destroying a satellite that Facebook had planned to use, leading to Zuckerberg expressing his disappointment in a Facebook post. A year later, Zuckerberg shared his optimism about AI via a live video. Musk, unimpressed, said in a tweet: “I’ve talked to Mark about this. His understanding of the subject is limited.” Then, in 2018, Musk joined a campaign that urged users to delete Facebook over privacy concerns. Musk’s SpaceX and Tesla left the site.
Their bickering escalated last month when Zuckerberg launched Threads on July 5, a new social media app linked to Meta’s Instagram to rival Twitter. It only took five days for Threads to hit 100 million users, according to online data service Quiver Quantitative, dethroning ChatGPT’s record as the fastest-growing consumer app in history. It took ChatGPT two months to reach 100 million users.
See you in court
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Celebrating Emirati Businesswomen and Entrepreneurs on Emirati Women's Day
As part of the U.A.E.’s annual Emirati Women’s Day celebrations, the Abu Dhabi Business Women Council and the Abu Dhabi Chamber hosted an event on August 28, 2024, under the theme “We Collaborate for Tomorrow,” celebrating the role and achievements of Emirati women.
THE MIDDLE EAST'S TOP 100 HEALTHCARE LEADERS 2024
MENA’s healthcare landscape is evolving towards integration, marked by the rise of fully comprehensive ecosystems. Industry giants are setting future trends, driven by systems that thrive on data abundance, accessibility, and intersectoral collaboration.
SCOUTING FOR OPPORTUNITIES
Ayman Cheikh-Lahlou, Chairman and CEO of the Morocco-based Cooper Pharma, took the helm of the family-owned pharmaceutical company in 2005 and has seen business boom over nearly 20 years. Now, he’s exploring expansion opportunities in new markets.
TURNING THE TIDE
Irina Zaporozhets, President and General Manager for Eli Lilly Suisse S.A. in the META region is driving expansion, focusing on innovation and patient-centric care. As she navigates regional challenges, her commitment to expanding access to medicine remains at the forefront.
Supercharging AI
Armed with a newly raised 640 million, GROQ thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for Al from scratch.
How Technology is Accelerating Digital Equality in Diverse Markets
The rise of smartphones and digital technologies has transformed our daily lives, contributing to the evolution of connected consumers.
Rare Fortune
Money manager JAMES LITINSKY turned a bad junk bond bet into a $400 million fortune. His MP Materials operates a strategic mine and will begin manufacturing supermagnets for electric vehicles next year.
The State of Mental Health in the Middle East
While mental health awareness is on the rise, the Middle East faces some challenges in providing care. Still, we're seeing some progress.
Big Breakthroughs
From gene therapy to nasal sprays, these were some of the most significant healthcare breakthroughs in the last year.
MENA's 5 Most Valuable Healthcare Companies 2024
The combined market cap of 57 healthcare companies listed on MENA's stock exchanges hit $83.7 billion on August 13, 2024, with the top five companies accounting for about 62.4% of the total market cap. These are MENA's five most valuable healthcare companies in 2024.