Elon Musk has now chosen the Octagon UFC arena in Las Vegas as he plans a cage fight with Meta CEO Mark Zuckerberg.
Meta Platforms Inc (NASDAQ: META) President and CEO Mark Zuckerberg now ready for cage fight Tesla (NASDAQ: TSLA) CEO Elon Musk, On Wednesday, Zuckerberg posted a screenshot of Musk demanding a cage fight and captioned it, “Send me the location”.
The banter between the two billionaires began when Mario Navafal, founder and CEO of International Blockchain Consulting Tweeted is working on a Twitter rival called Meta Threads. According to Nawfal, Meta started working on Threads only three months after Musk’s Twitter acquisition. Nawfal also said that Meta’s chief product officer called Threads “our response to Twitter”. He added that Meta is “hearing from creators and public figures who are interested in building a platform that is run intelligently”.
In response to Navaful, a user jokingly told Musk to be careful because Zuckerberg now does Brazilian Jiu-Jitsu. then musk answered “I’m ready for a cage match if he hollers,” said this user. Zuckerberg did in May Posted He participated in his first jiu-jitsu tournament and won a few medals.
After Zuckerberg requested a spot, Musk Tweeted “Vegas Octagon”, referring to the UFC Apex arena in Las Vegas, which is called The Octagon.
The rivalry between the two social media and tech CEOs is unlikely to eventually lead to a physical altercation. However, while Zuckerberg is an aspiring MMA fighter with at least one jiu-jitsu belt, Musk is physically larger and has done this before. referenced He was involved in “real hardcore street battles” while growing up in Pretoria, the administrative capital of South Africa. Musk has admitted that he was “beaten up pretty badly” in some of these fights.
Zuckerberg and Musk’s fight is distracting from other problems both CEOs are grappling with
It is unclear whether there is an actual conflict or intellectual battle between Musk and Zuckerberg. Nonetheless, both men lead very busy lives controlling activities at some of the largest companies in the world. Unfortunately, both of their positions come with a host of problems that seem never-ending.
For example, Musk is still battling a $258 billion Dogecoin (DOGE) lawsuit accusing him of price manipulation. The lawsuit accused Musk of promoting DOGE with several tweets and, at one point, replacing Twitter’s official blue bird with the DOGE Shiba Inu logo. Furthermore, the complaint alleges that DOGE inflated the response by 30%. Interestingly, a prominent lawyer on Musk’s legal team filed a motion To withdraw from the case.
On the other hand, Meta is laying off employees announced Another round of layoffs followed in May, affecting approximately 6,000 people. Between November and May, Meta cut more than 20,000 jobs. Zuckerberg also announced that Meta is closing an additional 5,000 roles that have yet to be announced.
Also in May, the EU fined Meta Platforms a record $1.3 billion for violating the region’s data protection laws. EU regulators found Meta guilty of illegally transferring user data to the US. In addition to the fine, the Irish Data Protection Commission (DPC) ordered Meta to permanently suspend all further data transfers.
Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to explain the mysteries of crypto stories down to the basics so that anyone anywhere can understand it without too much background knowledge. When Tolu is not deeply immersed in crypto stories, he enjoys music, loves to sing and is an avid movie lover.
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