Bloomberg Business

Zuckerberg Spends More on Security Despite ‘Year of Efficiency’

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg has dubbed 2023 the “year of efficiency,” a signal the social networking company plans to reduce spending and increase speed, but costs are going up in at least one area: his personal security.

Elon Musk Nears World’s Richest Title Again

Elon Musk is closing in on recapturing his title as the world’s richest person since falling behind Bernard Arnault in December, thanks to Tesla Inc.’s 74% rise this year.

Biden Offers Rare Praise for Musk as Tesla Opens Charger Network

President Joe Biden hailed Elon Musk’s decision to open part of Tesla Inc.’s charging network to other electric vehicles as a “big deal,” flashing a potential thaw in an otherwise frosty relationship between the billionaire and White House.

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