Big banks create $30B rescue package for First Republic

Eleven of the biggest banks in the country announced a $30 billion rescue package for First Republic Bank on Thursday, in an effort to prevent the California-based bank from becoming the third bank to fail in less than a week and head off a broader crisis in the banking sector. 

Mark Zuckerberg's San Francisco home sells for $31M

Mark Zuckerberg sold his San Francisco home for $31 million, according to a grant deed filed with the city on July 1. The off-market sale is reportedly the biggest residential deal in San Francisco so far this year.

Facebook changes name to Meta

Facebook CEO Mark Zuckerberg announced Thursday that the social media giant has been renamed Meta.

Facebook jumps into 'smart' sunglasses business, teams with Ray-Ban

Seven years after the ill-fated Google Glass, and five years after Snap rolled out Spectacles, another tech giant is trying its hand at internet-connected smart glasses, hoping that this time around things might be different and people will actually wear them.