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Launched in February 2004, Facebook is a social networking service founded by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Early investors included Microsoft and Hong Kong tycoon Li Ka- shing, through his namesake charitable foundation. In November 2021, Facebook Inc was renamed Meta Platforms Inc.
CFO / Finance Director
Mark Zuckerberg
Industry
Internet
Website
facebook.com
Headquarters address
Menlo Park, California, US
Stock Code
NASDAQ:FB
Year founded
2004
Parents who say they have lost their children due to social media hold up a banner with names outside the court. Photo: Reuters
United States

Meta and Google liable for damages in landmark US addiction trial

Jury orders US$6 million payout to a young woman, a verdict that could affect thousands of similar cases against tech companies.

Social media

Meta ordered to pay US$375 million in New Mexico child safety trial

Malaysia

Malaysian man jailed for 10 months, fined US$12,700 over Facebook post insulting Islam

Scams and swindles

150,000 Meta accounts shut down in Southeast Asian scam centre crackdown

Meta has also launched protective tools such as Facebook and WhatsApp alerts for suspicious friend requests and activities.

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Workstations used by scam operators are seen after a police raid in Phnom Penh on Wednesday. Photo: EPA
Hong Kong society

Hong Kong charity cancels ‘Race for Water’ fundraiser weeks before event

Annual trail-running fundraiser organised by A Drop of Life was to take place on March 22, but will no longer proceed.

Indonesia

Indonesia to ban under-16s from ‘high-risk’ social media platforms

Minister Meutya Hafid said the restrictions would protect children from online harms, but experts warned enforcement might prove difficult.

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Books and literature

How Asian-American couple’s Tubby Nugget went from silly doodle to viral fame

The husband-and-wife creators of Tubby Nugget reflect on their character’s incredible success as they release their first graphic novel.

A image of Tubby Nugget with his dog, Hunter, from the Tubby Nugget Instagram account. Photo: Instagram/tubbynugget
Artificial intelligence

Facebook owner Meta goes ahead with Manus merger despite Beijing probe

Some Manus employees in Singapore move into Meta’s offices and have been given corporate accounts and other access, two sources said.

Singapore

Singapore prime minister attacked by hundreds of Chinese-language fake AI videos

The videos targeting Lawrence Wong spread false narratives about his leadership being under threat and political infighting in Singapore.

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Russia

WhatsApp accuses Russia of blocking service to force users to state ‘super-app’

WhatsApp and Telegram sound the alarm as the Kremlin chokes off Western apps to promote MAX, a state-backed rival modeled after China’s WeChat.

Meta criticises Russia for erasing WhatsApp from national records, calling the shift to state-run MAX a setback for safety. Photo: Reuters
United States

California court begins social media trial amid mental health concerns

The case ‌will determine whether Instagram and YouTube harmed a woman’s mental health through addictive app design, testing Big Tech’s liability.

Parents who lost children to social media-related harms hold a vigil ahead of a social media addiction trial, in Los Angeles, California, US on Thursday. Photo: Reuters
Trending in China

Why tech billionaires enjoy rock star treatment in China compared to the US

From personal foibles to that particular look or ability to charm, the business success of global moguls can rest on setting a narrative.

Singapore

Singapore jails, canes 6 Indonesians after illegal re-entry on sinking boat

The group was rescued by police when their vessel capsized during a chase. One man was sentenced to 21 months for his sixth illegal entry.

US-China tech war

Editorial | Review of Meta-Manus deal a reminder of what’s at stake in US-China rivalry

As Chinese firms look abroad, the authorities have to balance intellectual property protection and national security against commercial interests.

The Manus AI logo is seen displayed on a smartphone screen with the Meta logo in the background. Photo: Getty Images
Australia

Australian social media ban: Meta shuts 550,000 children’s accounts

Australia’s ban on social media usage for under 16s, a world’s first, came into effect on December 10.

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Logos of Instagram, Facebook, and WhatsApp apps are displayed on a smartphone in front of Meta’s logo. Photo: dpa
Artificial intelligence

Meta-Manus probe shows risks to China’s AI boom

A review of Facebook owner Meta’s plan to buy AI agent Manus and a reported move to deter imports of Nvidia H200 chips show that China is moving to shore up both ends of its AI ecosystem amid US competition.

Artificial intelligence

China to probe Meta’s purchase of Manus over export controls, tech concerns

Probe comes amid concerns the US$2.5 billion acquisition could breach tech export controls and encourage more start-ups to relocate offshore.

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Artificial intelligence

Beijing mulls intervention in Meta’s Manus deal amid AI ‘brain drain’ fears

The blockbuster Meta-Manus deal is cheering investors but worrying Beijing, where officials see a risky precedent for Chinese AI start-ups.

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Chinese authorities are considering whether to step in over Meta Platforms’ acquisition of Manus. Photo: Getty
Malaysia

Malaysia moves to regulate WhatsApp, Facebook and others under online safety law

The decision to deem major platforms licensed regardless of application closes a regulatory gap, but questions remain over enforcement.

TikTok

Poland urges Brussels probe TikTok over AI-generated ‘EU exit’ content

TikTok removes content as Warsaw suspects Russia is behind synthetic videos calling for Poland’s exit from the EU.

Social media

Opinion | West is getting on the same page as China for children’s social media use

Governments face the same problem: how to let young people grow up in a connected world, around products not designed with their well-being in mind.

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A message that reads “Let them be kids” is projected onto the Sydney Harbour Bridge to mark a law banning social media for users under 16 in Australia on December 10. Photo: Reuters
European Union

Explainer | Trump vs EU: the European laws curbing big tech and irking US

The US is challenging EU digital regulations, accusing them of censorship and targeting American tech firms.

The EU’s tough tech laws clash with Trump’s stance as fines reshape Big Tech’s future in Europe. Photo: AFP
Food and Drinks

Old-fashioned cookbooks remain popular, including with many professional chefs

Social media may be awash with recipes, but book fans cite their appreciation for high-quality narratives and photography in a tangible form.

Crime in Hong Kong

Hong Kong online investment scams surge 20% as losses hit HK$3.08 billion

80 per cent of all fraudulent messages disseminated through Meta-owned platforms including Facebook, WhatsApp and Instagram.

France

African teen who raised Macron’s ire with fake French coup video has no regrets

The Burkinabe teen said he had posted the fake video as a way to make money but despite millions of views, only earned US$8.

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French President Emmanuel Macron speaks at a press conference on Friday. Photo: AFP
Australia

Why Southeast Asia’s move to protect children online may fuel state surveillance

Measures to rein in tech companies risk opening the door to tighter state oversight of online platforms, analysts say.

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Australia banned social media for children under 16 earlier this month. Photo: dpa
Food and Drinks

Need restaurant staff? Shift Happens is here to help

Since the pandemic, restaurants have had trouble finding staff – Roucou Cheese Omakase & Bar is among those that turned to Shift Happens.

Scams and swindles

How the global grey market in SIM cards powers fraud and influence

How much does an army of bots cost? A new study reveals how likes and clout are bought.

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