Business
Meta layoffs hit Singapore as tech giant cuts global workforce
JOB cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources…
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Meta
Business
Meta opens Facebook Marketplace to rivals in EU antitrust clash
Facebook said that despite the changes, it continues to disagree with the European Commission’s decision last year, which saw Meta…
Business
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was…
Business
Meta starts eliminating jobs in shift to find AI talent
The latest wave of firings are expected to be completed by the end of the performance cycle that goes to February META Platforms began…
Culture
Chris Hemsworth Eats Kris Jenner’s Banana Art, Chris Pratt Supports Ray-Ban Meta Glasses in Super Bowl 2025 Commercial
To promote their new Meta Glasses, Ray–Ban has enlisted the help of Chris Hemsworth, Chris Pratt and Kris Jenner. In a new commercial that…
News
Once a Trump critic, Mark Zuckerberg pivots toward the president
Before Donald Trump kicked off his second term as president, Meta Platforms Chief Executive and founder Mark Zuckerberg took another big…
Business
Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor…
Business
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
DAYS after Chinese upstart DeepSeek revealed a breakthrough in cheap artificial intelligence (AI) computing that shook the US technology…
Business
Alibaba touts new AI model superior to DeepSeek and Meta
ALIBABA Group Holding published benchmark scores and touted what it called world-leading performance with its new artificial intelligence…
Business
Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current…
Business
Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said…
Business
Meta, WhatsApp win relief as India tribunal suspends data sharing ban
AN INDIAN tribunal temporarily suspended a five-year data sharing ban between WhatsApp and owner Meta Platforms, a major relief for the US…
Business
Databricks caps US$15 billion fundraise with Meta as new investor
DATABRICKS, one of the world’s most valuable privately held tech companies, said on Wednesday (Jan 23) that it has raised more than US$15…
Business
Meta plans Oakley-branded glasses, explores watches and earbuds
META Platforms is working on upgrades to its popular smart glasses and is exploring new wearable devices such as watches and…
News
Smart business? Currying favor? Why big tech leaders are friending and funding Trump
Four years ago, several of California’s most influential tech titans determined that then-President Trump was such a threat to democracy…
News
Opinion: Meta is changing its rules and embracing Trump. What does that mean for the world?
The announcement by Mark Zuckerberg that Meta, the parent company of Facebook, Instagram and Threads, will dramatically overhaul its…
News
Meta smart glasses used by New Orleans attacker: What to know
The man behind the deadly New Year's Day truck attack in New Orleans, which left 14 people dead and 30 others injured, had scouted the…
News
Fact Check: Did anti-TikTok congressman invest $1.1M in Meta?
Social media giant TikTok and its China-based parent company ByteDance have faced a recent setback after losing an appeal to delay the…
Business
Tech billionaires Zuckerberg, Bezos and Altman help bankroll Trump's inauguration. What to know
Tech executives, attempting to ease tensions with President-elect Donald Trump, are opening up their wallets after the former president…
News
Proposed California law would require warning labels on social media
Victoria Hinks watched her daughter get sucked into the dark sides of social media, and she couldn’t pull her out. “We tried to take her…
Fashion
Meta seeks nuclear power developers for reactors to start in early 2030s
META said on Tuesday (Dec 3) it is seeking proposals from nuclear power developers to help meet its artificial intelligence and…
Business
Meta tightens ad rules to curb financial scams aimed at Australians
INSTAGRAM and Facebook-owner Meta Platforms said on Monday (Dec 2) it had introduced stricter rules for advertisers of financial products…
Business
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
THE European Commission on Thursday (Nov 14) fined Meta Platforms 797.72 million euros (S$1.1 billion) over abusive practices benefiting…
Business
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
FACEBOOK owner Meta Platforms must face trial in a US Federal Trade Commission (FTC) lawsuit seeking its break-up over claims that it…