Asian stocks slide as chip sector weakens
Asian stocks fell on Thursday, following weakness in the chip sector following overnight losses on Wall Street.
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Meta Platforms
TSMC’s quarterly revenue soars 39%
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's leading chipmaker, reported a 39 per cent revenue…
Asian shares up on hopes for Fed rate cut
Asian stocks kicked off the week on a positive note, buoyed by expectations of potential interest rate cuts from…
Asian stocks surge on tech rally
Asian stocks surged on Wednesday, led by a rally in technology shares, as investors shifted their focus to upcoming…
Meta’s AI-supported Ad campaigns boost returns by 32%
Ads on applications from Meta Platforms Inc. saw an increase in return on spending by an average of 32 per cent,…
Zuckerberg sells $428mln worth of Meta shares in 2 months
Mark Zuckerberg, co-founder of Meta Platforms Inc., sold around $428 million of the company’s shares in the final…
HRW attacks Meta for ‘silencing’ pro-Palestinian voices
Human Rights Watch on Thursday accused Meta of "silencing" pro-Palestinian voices on Facebook and Instagram.
Meta accused of removing Gaza content
Meta’s independent oversight board criticised the company on Wednesday for removing posts showing the suffering of…
Meta bans Eye on Palestine in attempt to silence Palestinians
Meta deleted the Eye on Palestine account, which has more than six million followers on Instagram on Wednesday.
Meta to lay off employees in metaverse silicon unit
Meta is set to lay off employees in the metaverse silicon unit on Wednesday, informed sources told Reuters on…
Australia fines Meta $14 mln for misleading users
The Australian Federal Court has ordered Meta Platforms to pay fines amounting £20 million ($14 million) for…
Meta’s Threads sees 70% dip in traffic – report
Meta’s social media app Threads has reported a nearly 70 percent decline in the number of daily active users, since…
Meta to launch Twitter-like app Threads
Meta Platforms announced on Tuesday that it is planning to launch Threads, a microblogging app, to be a Twitter…
Meta introduces Channels on WhatsApp
Meta Platforms announced WhatsApp Channels on Thursday, a feature that the social media giant said would help make…
Meta starts final round of layoffs
Meta Platforms Inc. started the third and final round of layoffs on Wednesday according to a source familiar with…
WhatsApp allows users to edit texts
WhatsApp announced on Tuesday that it is currently allows its users to edit their text messages, a long-awaited…
Facebook fined $1.3 billion, given 5 months to stop EU-US data flows
Meta was fined a record $1.3 billion by its lead privacy regulator in the European Union for its handling of user…
Instagram back up amid global outage
Meta Platforms Inc's Instagram was back up for most users after a technical issue has disrupted services to…
Meta to face record EU fine for Facebook data transfer to US
Meta Platforms Inc. is about to face a record European Union privacy fine due to data transfer to the US, two…
Whatsapp allows Singapore users to pay businesses on app
Meta Inc's messaging service Whatsapp is launching it online payment ability for businesses on the app in…
Meta soars amid AI powers return to growth
Meta Platforms Inc. witnessed a rise in its shares by 11 percent on Thursday amid an earnings report showing…
Instagram back after global outage
Meta Platform’s Instagram went back up for most user, following the app’s global outage, resolving the hours-long…
Meta plans new wave of layoffs as soon as this week
Meta Platform Inc. plans another round of layoffs starting from this week that could affect thousands of employees,…
New Zealand launches fundraiser for post-cyclone reconstruction
New Zealand will launch a global fundraiser for the reconstruction work needed Cyclone Gabrielle hit the country’s…
Meta launches paid verification system fot $12 monthly
Mark Zuckerberg, CEO of Meta Platforms which owns Facebook, Instagram, and WhatsApp, announced on Sunday that the…
Facebook owner Meta to lay off 11,000 employees in Q1 2023
Meta the parent of Facebook, Instagram and WhatsApp is laying off 13 percent of its staff, or more than 11,000…
Saudi sovereign fund injects $7 billion in U.S. shares
Saudi Arabia's sovereign wealth fund has invested more than $7 billion by buying minority stakes in U.S. companies…