Mark Zuckerberg overtakes Jeff Bezos as world’s second-richest person

Meta CEO Mark Zuckerberg has overtaken Amazon founder Jeff Bezos to become the world’s second-richest person, according to The Times of India. A recent surge in Meta’s stock, driven by investor optimism around AI and tech innovation, significantly boosted Zuckerberg’s net worth.

Bezos, now ranked third, has long been a major contender among the world's elite. The move highlights the unpredictable nature of tech-driven wealth, in which fortunes fluctuate in response to market trends and corporate performance.

Zuckerberg’s rise reflects Meta’s renewed momentum, while Bezos continues to lead through Amazon and his broader business interests. The latest reshuffle marks another chapter in the ongoing rivalry among tech’s wealthiest figures, The Times of India reported.

Trump calls election of first American Pope a “Great Honour”

US President Donald Trump has applauded Robert Francis Prevost's election as the first American pope, calling it a "great honour" for the country. The 69-year-old Chicago native will be referred to as Pope Leo XIV.

Pope Leo studied near Philadelphia and later worked as a missionary in Peru. His unprecedented appointment has sparked admiration from political leaders across the United States, BBC reported.

With the US being home to the fourth-largest Catholic population in the world, congratulations poured in following the announcement.

 

Bill Gates pledges $200bn, criticizes Musk over aid cuts

Bill Gates has pledged to donate $200bn through the Gates Foundation by 2045, after which the foundation will close. The funds will focus on disease eradication, maternal and child health, and poverty reduction, with an annual budget of $10bn, Financial Times reported.

Gates made the announcement amid major US foreign aid cuts led by Elon Musk's Department of Government Efficiency, which is set to slash nearly 80 percent of USAID programs. Gates accused Musk of contributing to preventable deaths in poor countries.

“The image of the world’s richest man killing the world’s poorest children is not a pretty one,” Gates told the Financial Times. He warned that the cuts could reverse decades of progress in global health.

He emphasized that philanthropy cannot replace government help, but he hoped that public priorities would change back to saving lives.

 

Robert Prevost becomes first American Pope, takes name Leo XIV

Cardinal Robert Francis Prevost of Chicago has been elected as the 267th pope, making history as the first American to lead the Roman Catholic Church. The 69-year-old will be known as Pope Leo XIV, BBC reported.

He appeared before thousands in St. Peter’s Square Thursday evening, greeting them with the words, “Peace be with you all.” In his first address, delivered in Italian, Leo XIV honored his predecessor Pope Francis and called for a Church “that builds bridges and dialogue.”

“We must show our charity and be in dialogue with love,” he said, as stated by BBC.

Leo XIV was elected by 133 cardinals in just two days of conclave, indicating rapid and widespread support. He is anticipated to continue many of Francis' reforms, with an emphasis on unity and global participation.

US and UK agree deal slashing Trump tariffs on cars and metals

The United States has agreed to lower import taxes on a limited number of British vehicles while allowing certain UK steel and aluminum shipments to enter tariff-free. The move provides partial relief to major UK industries harmed by tariffs imposed by President Donald Trump, BBC reported.

Despite the agreement, most UK goods will continue to be subject to a 10 percent tariff. No formal agreement was signed, and little specifics have been revealed, leading analysts to believe the accord does not significantly alter pre-existing trade rules.

Speaking at a Jaguar Land Rover factory in the West Midlands, UK Prime Minister Keir Starmer praised the accord as a "fantastic platform" that safeguards jobs in critical sectors. He highlighted the strength of the UK-US alliance, as stated by BBC.

President Trump described the deal as a “great” achievement, insisting it would expand further in the future.

 

Work speeds up at TU Ground

Construction work at the Tribhuvan University Cricket Ground has gained momentum after Prime Minister KP Sharma Oli issued a stern directive to complete the delayed floodlight installation and parapet construction within two months. The Prime Minister’s intervention came after it became clear that the projects would not meet the originally set deadline of May 7. 

Oli summoned officials from the Ministry of Urban Development and representatives of the construction companies involved, seeking clarification over the delay. He instructed them to expedite the process and ensure completion by mid-July.

The construction includes a parapet with a 10,000-seat capacity and modern floodlight systems aimed at upgrading the stadium to host day-night international matches. The parapet construction was awarded to BKOI-KCDC-BG JV for Rs 437.7m, while Vision-Ishwari JV was contracted to install the floodlights at a cost of Rs 421.9m.

According to the construction companies, work is now being carried out in full swing, with a commitment to complete the project within the revised timeline.

Earlier, on April 17, Deputy Prime Minister and Urban Development Minister Prakash Man Singh had inspected the site and expressed confidence that the work would be completed on schedule. He also continued monitoring the project closely from the ministry.

Pratap Das drops new duet

Singer Pratap Das has released a new music video titled ‘Soltini Ukhumaai Manparyo’. The song premiered on Tuesday evening on his official YouTube channel. In this duet, Das is joined by singer Shantishree Pariyar. The lyrics were penned by Santosh Sapkota, with music composed by Arjun Sapkota. The video features Anjali Adhikari. Music arrangement, mixing, and mastering were done by HBN Kismat, and the track was recorded at 1DB HD Studio. The video was choreographed and directed by Ramji Lamichhane.

EU celebrates Europe Day

The Delegation of the European Union to Nepal hosted on May 8 an event at Patan Museum in Lalitpur to celebrate Europe Day. Europe Day officially falls on May 9th, and marks the adoption of the Schuman Declaration, which in 1950 laid the foundations of what would later become the European Union. The occasion holds special significance this year as it is 75 years since the signing of the Declaration.

 

Chief Guest of the event was Vice President of Nepal, Mr. Ram Sahaya Prasad Yadav. Other attendees include Mayor Chiri Babu Maharjan of Lalitpur Metropolitan City, ministers and other representatives of the government of Nepal, diplomats including ambassadors of EU Member States, civil society, the private sector, media, as well as youth participants, and various other friends and partners of the European Union. The program featured a presentation on a youth-centered environmental campaign, reflecting the European Union’s commitment to sustainability and youth engagement in Nepal.

 

In her remarks,  Veronique Lorenzo, Ambassador of the European Union to Nepal, stated: “Nepal is a trusted partner of the European Union. Through our Global Gateway initiative, we support Nepal’s prosperity agenda, working together with EU Member States and European Development Finance Institutions.” The Ambassador said: As global challenges grow, so does the EU’s determination to remain a reliable, consistent, and principled partner.”The Europe Day celebration underlined shared values and the ongoing collaboration between the European Union and Nepal, EU said in a press statement.