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

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Artificial intelligence

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

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

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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.

The European Commission headquarters in Brussels, Belgium. Photo: Reuters
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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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.

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.

Although most people get their recipes online these days, many of us still appreciate a good recipe tome -- like this Le Creuset cookbook, published by Assouline. Photo: Handout
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.

Hong Kong residents lost HK$6.43 billion to various scams over the first 10 months of 2025. Photo: Jelly Tse
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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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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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.

Hong Kong’s hospitality sector faces staffing shortages, but start-up Shift Happens is offering a recruitment solution. Photo: Jelly Tse
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.

Research has shown how SIM cards from the grey market are powering bot armies that fill social media with fake likes and comments to manipulate users and deliberately steer trends. Photo: dpa
South Korea

South Korea mandates labels on AI-generated adverts to curb deepfakes

Platforms like YouTube and Facebook must ensure compliance with AI labels, or face punitive fines for non-compliance and label tampering.

Australia

‘#seeyouwhenim16’: Australia’s social media ban for children takes effect

PM Albanese called the ban, which is being closely watched by other nations considering similar measures, ‘a proud day’ for families.

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Vietnam

Asian Angle | Vietnam’s anti-drug police are speaking Gen Z, and it’s working

Ho Chi Minh City’s police have found a way to wrap dry state messaging in viral humour, mirroring China’s digital playbook.

A viral social media post showing a faux wedding proposal created by an anti-drugs police unit photo in Ho Chi Minh City. Photo: Facebook/PC04.CATP
Obituaries

Frank Gehry, the most celebrated architect of his time, dies at 96

His masterpieces include the Guggenheim Museum in Bilbao, Spain, the Walt Disney Concert Hall in Los Angeles and Berlin’s DZ Bank Building.

Meta Platforms

Meta plans budget cuts as high as 30% to its metaverse efforts

Mark Zuckerberg’s metaverse vision has not taken off despite his conviction that people will one day work and play in virtual worlds.

Australia

Fight’s over: YouTube becomes last major platform to accept Australia’s age rule

Despite agreeing to comply, YouTube maintains that it is still ‘fundamentally different’ from other social media services.

Six-year-old Enrique Navarro watches a show on YouTube at his home in western Sydney on October 30. Photo: AFP
Australia

Australia’s under-16 social media ban faces high court challenge

Critics say the world-first law, effective next month, infringes on political communication rights. Australia lacks an express free speech right.

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A 14-year-old boy browses social media on his phone. Starting December 10, Australia will mandate that social media platforms remove users under 16. Photo: AFP
Australia

Snapchat makes Australian teens verify age as social media ban looms

From December 10, social media platforms in Australia must remove users aged below 16 or face fines, in one of the strictest bans globally.

Artificial intelligence

AI pioneer Yann LeCun leaving Meta to launch start-up

LeCun joined the company in 2013 to create Facebook AI Research, the in-house lab that helped transform Meta into one of the AI leaders.

Indonesia

Isis-linked group used video games to radicalise Indonesian children: police

Over 110 children have been targeted by terrorist recruiters this year alone, a ‘massive’ spike from 17 between 2011 and 2017, police say.

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Members of a police bomb squad inspect the wreckage of a motorbike used to carry out a suicide attack in South Sulawesi, Indonesia, on March 29, 2021. Photo: AP
United States

Meta defeats US antitrust case over Instagram and WhatsApp acquisitions

The ruling gives Big Tech its first decisive win against the antitrust crackdown started in Trump’s first term.

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Meta’s corporate headquarters are seen in Menlo Park, California, in November 2022. Photo: TNS
Nepal

Asian Angle | Nepal found out what Thailand already knew: digital repression is risky

The tactics vary, from Myanmar’s internet blackouts to Indonesia’s subtler control, but the results are the same: resentment and resistance.

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Artificial intelligence

Meta Platforms’ AI lay-offs triggered by resource competition: ex-researcher

Tian Yuandong says internal conflicts emerged at Meta as LLM development became the industry-wide focus.

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