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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
A recording of Meta Founder and CEO Mark Zuckerberg’s deposition is played for the jurors on March 4, in Santa Fe, New Mexico, USA. Photo: AP
United States

New Mexico trial citing ‘public nuisance’ laws against Meta, social platforms

The case is being closely watched as governments across the US pursue similar claims seeking to force big tech platforms to change to protect young users.

Indonesia

Gaming platform Roblox to require facial scans for users under 16 in Indonesia

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Artificial intelligence

China blocks Meta’s Manus deal, raises Mythos concerns

Artificial intelligence

China blocks Meta’s Manus deal after months-long probe, thwarting purchase

Economic planner asks both parties to withdraw from deal for AI firm, in move with wider implications for other start-ups operating overseas.

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The Manus AI logo is seen displayed on a smartphone screen with the Meta logo in the background. Photo: SOPA Images/LightRocket via Getty Images
The Philippines

How fake job ads in Philippines led to alleged spy recruitment pipeline

The ads, some of which experts say were linked to China, aimed to get unsuspecting Filipino defence specialists to give up key information.

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Social media

Turkey passes bill to restrict social media access for under-15s

It comes a week after a 14-year-old boy killed nine students and a teacher at a middle school in southern Turkey, in a gun attack.

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Hong Kong courts

Hong Kong retiree gets 1 year in jail for seditious social media comments

Raymond Chong, 61, pleaded guilty at West Kowloon Court to knowingly publishing 53 seditious Facebook posts that denigrated central and local authorities.

The court knocked six months off Raymond Chong’s 18-month sentence in recognition of his guilty plea. Photo: Jelly Tse
China-Africa relations

War of words: China and the US battle it out for African hearts and minds

Rivalry between two global superpowers spills into the media as East meets West head-on in a clash of narratives to win over the continent.

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Hong Kong society

Legal Tales | Antisocial media: Meta, Google liable in landmark case for mental health harm

Infinite scroll, likes, autoplay and other features that exploit users’ dopamine cravings replicate neurological processes that fuel gambling addiction.

Crime in Hong Kong

Hong Kong car owner loses HK$500,000 in fuel membership card scam

Fraudsters exploit surging fuel prices by offering bogus prepaid petrol card deals, police say.

The scammers promised discounts through prepaid petrol cards and lured the victim into making immediate purchases, police say. Photo: Sam Tsang
Artificial intelligence

Who is Xu Rui, the ex-ByteDance executive tapped by Meta to lead AI hardware?

The veteran Chinese executive will lead a team that develops AI devices at the Facebook parent’s superintelligence unit.

Xu Rui, a graduate of Harbin Institute of Technology and Seoul National University, has had a storied career, including stints at several Chinese tech giants. Photo: Handout
Crime in Hong Kong

Hong Kong woman loses HK$2.5 million in online collagen drinks scam

Victim tried to buy collagen drinks for HK$530 but was told the goods were out of stock and was offered refund.

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Indonesia

Indonesia begins social media ban for children under 16

Indonesia is now the first country in Southeast Asia to ban children from having accounts on platforms such as YouTube, TikTok and Facebook.

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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.

Parents who say they have lost their children due to social media hold up a banner with names outside the court. Photo: Reuters
Social media

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

Meta said it would challenge the decision after a jury found the social media giant liable for endangering minors.

A recording of Meta CEO Mark Zuckerberg’s deposition being played for jurors. Photo: Santa Fe New Mexican via AP
Malaysia

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

Malaysia has warned that ‘stern action’ will be taken against content that insults, incites hatred or touches on race, religion or royalty.

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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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.

The “Race for Water” trail event scheduled for March 22 has been cancelled. Photo: Handout
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.

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.

Manus rose to fame in March 2025 after releasing what it described as the world’s first general AI agent. Photo: Shutterstock
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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Singapore Prime Minister Lawrence Wong takes part in the Asean Summit in Kuala Lumpur in October 2025. Photo: dpa
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.

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.

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.

We explain why tech billionaires enjoy rock star treatment in China, and why their warm reception in China is often stronger than in the US. Photo: SCMP composite/Shutterstock/Weibo
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.

Singapore national flags flutter over a view of the city skyline in August 2022. Photo: EPA-EFE
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.

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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