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Mark Zuckerberg is officially wealthier than Bill Gates

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Mark Zuckerberg’s net worth is $165 billion, with Meta’s stock market value now at more than $1.22 trillion.

The once-thriving network, which had been a staple in the New Zealand entertainment industry, is now facing financial turmoil, sending shockwaves through the media landscape.

Warner Bros Discovery, who own the NZ news network, stated the decision comes following further attempts to reduce costs and that meant major changes including the planned shut down of the newsroom.

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