TOPIC

/ company

Meta Platforms

The latest news, analysis and opinion on Meta Platforms. In-depth analysis, industry insights and expert opinion.

Chairman / President

Mark Zuckerberg

CEO / Managing Director

Mark Zuckerberg

CFO / Finance Director

Susan Li

Industry

Technology, Social Media

Website

meta.com

Headquarters address

1 Hacker Way, Menlo Park, CA 94025, United States

Stock Code

NASDAQ:META

Year founded

2004

last updated:

30 September, 2024

China technology

Opinion | DeepSeek success shouldn’t be seen as a win for China or loss for US

While hawks on both sides say cooperation will hurt national security, Chinese and US scientists have so much to gain from sharing research.

6 hours agovideocam

Artificial intelligence

Meta sends mixed signals as quarterly sales beat estimates but outlook muted

30 Jan 2025 - 2:05PM

Artificial intelligence

Alibaba springs a Lunar New Year surprise on DeepSeek, global AI market

30 Jan 2025 - 2:56PMvideocam

Millionaires and billionaires

World’s richest people lose US$108 billion after DeepSeek sell-off

Nvidia’s Huang, Oracle’s Ellison and ex-Binance CEO CZ were hit hard, though Meta’s Zuckerberg and Amazon’s Bezos escaped unscathed.

29 Jan 2025 - 9:23AMvideocam

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 6. Photo: AFP

Artificial intelligence

Meta Platforms to spend US$65 billion on AI infrastructure in 2025: Zuckerberg

Meta’s chief executive said the funds will be used to build a data centre ‘so large that it would cover a significant part of Manhattan’.

25 Jan 2025 - 11:31AM

Artificial intelligence

Beijing puts spotlight on China’s new face of AI, DeepSeek’s Liang Wenfeng

Liang’s participation at Monday’s meeting with China’s premier reflects start-up DeepSeek’s growing prominence in the AI industry.

28 Jan 2025 - 10:32AM

US-China relations

TikTok CEO expected to attend Trump’s inauguration: reports

Incoming administration officials and some Democrats lead effort to try to help popular Chinese-owned app avert being banned in the US.

17 Jan 2025 - 7:23AMvideocam

TikTok CEO Chew Shou Zi testifies before the US House Energy and Commerce Committee on Capitol Hill in Washington on March 23, 2023. Photo: AFP via Getty Images/TNS

Social media

Meta Platforms to cut roughly 5 per cent of staff, targeting lowest performers

As of September, Meta employed about 72,000 people, so a 5 per cent reduction could affect roughly 3,600 jobs.

15 Jan 2025 - 11:40AM

Social media

Meta’s US fact-checking shutdown sparks fears of disinformation crisis in Asia

Analysts warn the decision could weaken efforts to combat hate speech and misinformation in regions vulnerable to online manipulation.

13 Jan 2025 - 5:12PMvideocam

Fashion

Smart glasses without premium pricing? Welcome to the tech’s new era

Back in 2013, Google Glass would set you back US$1,500. Now, smart glasses are as low as US$200. Some were on display at the CES tech event.

13 Jan 2025 - 11:20AM

An attendee wears the Amazon Echo Frames smart glasses during the Consumer Electronics Show in Las Vegas. In 2013, Google Glass set you back US$1,500. Now, smart glasses cost as little as US$200. Photo: AFP

Donald Trump

Meta abandons racial diversity programmes as Zuckerberg woos Trump

The changes come soon after the platform dropped fact-checking on Facebook and Instagram in the US, and mark a further right-wing shift.

11 Jan 2025 - 11:58AM

People take photos in front of a Meta sign at the company’s headquarters in Menlo Park, California. Photo: EPA-EFE

Mark Zuckerberg

Regulating online hate speech ‘not censorship’: UN rights chief

If efforts to create safe online spaces are called censorship, ‘that ignores the fact that unregulated space means some people are silenced’.

10 Jan 2025 - 8:54PM

Social media

Meta studying EU impact of end to fact checking: French minister

The EU’s Digital Services Act requires major platforms to carry out a risk analysis before launching any new service in Europe.

9 Jan 2025 - 10:14AM

Donald Trump

Meta taps US Republican Joel Kaplan for global policy team as Nick Clegg leaves

Former UK deputy prime minister Clegg ceded his job to Kaplan, who served as deputy chief of staff for policy under George W Bush.

4 Jan 2025 - 5:57AM

Joel Kaplan has been tapped by Meta to lead its global policy team. Photo: Reuters

Artificial intelligence

Meet DeepSeek: the Chinese start-up that is changing how AI models are trained

Hangzhou-based DeepSeek is 2025’s ‘biggest dark horse’ in open-source large language models, Nvidia research scientist Jim Fan says.

28 Jan 2025 - 10:34AM

Artificial intelligence

Chinese start-up DeepSeek’s new AI model outperforms Meta, OpenAI products

DeepSeek’s V3 model was trained for two months at a cost of US$5.58 million, using significantly fewer computing resources than its rivals.

28 Jan 2025 - 10:33AMvideocam

Facebook

Facebook and Instagram down for thousands of users, WhatsApp also affected

WhatsApp, Meta’s messaging application, was also down for more than 1,000 users.

12 Dec 2024 - 3:31AM

Artificial intelligence

OpenAI, defence tech firm Anduril team up to build AI for anti-drone systems

The partnership comes at a pivotal period in the accelerating race between the US and China to dominate AI for military purposes.

5 Dec 2024 - 4:27PM

The OpenAI-Anduril partnership is expected to help address “urgent” gaps in air-defence capabilities around the world. Photo: Shutterstock

Social media

Tech giants Meta, TikTok, Google slam Australia’s under-16 social media ban

The proposed law will hold social-media platforms responsible for policing the ban, under threat of fines of up to US$32.5 million.

26 Nov 2024 - 7:18PM

Facebook

Meta faces April trial in FTC case seeking to unwind Instagram merger

The FTC sued in 2020, during the Trump administration, alleging the company acted illegally to maintain a monopoly on personal social networks.

26 Nov 2024 - 10:37AM

Apple

Apple explores smart glasses, following Meta’s lead

An internal study is under way to gather feedback from Apple employees on smart glasses, sources say.

5 Nov 2024 - 11:00AM

Apple is looking into developing smart glasses, according to people with knowledge of the matter. Photo: AFP via Getty Images/TNS

Cybersecurity

US tech firms warn Vietnam’s planned law to hamper social media, data centres

The draft law, being discussed in Vietnam’s parliament, aims to tighten information-protection rules and limit data transfers abroad.

4 Nov 2024 - 4:56PM

Vietnam’s proposed new data law is expected to make it challenging for tech firms, social media platforms and data centre operators to reach the customers that rely on them daily. Photo: Shutterstock

Alibaba

Alibaba cuts ‘dozens of employees’ at metaverse unit as sector’s hype cools down

The lay-offs affected Alibaba metaverse unit Yuanjing’s operations in Shanghai and Hangzhou, according to a report.

13 Jan 2025 - 3:30PMvideocam

Malaysia

The Minister vs Meta: battle over Malaysia’s social media licence heats up

Communications chief Fahmi Fadzil accuses technology giant of ‘giving more time to scammers and paedophiles’.

1 Nov 2024 - 12:14PM

VR and AR

Meta Platforms will produce virtual reality headsets in Vietnam

Facebook parent Meta said it will produce its next-generation virtual and augmented reality headsets in Vietnam, creating 1,000 jobs.

1 Oct 2024 - 3:04PM

Meta CEO Mark Zuckerberg presents Orion AR glasses at the company’s headquarters in Menlo Park, California, September 25, 2024. Photo: Reuters

Artificial intelligence

US FTC slams TikTok, Meta and Twitch over data used by AI

YouTube, social media platform X, Snap, Discord and Reddit were also included in the FTC report.

20 Sep 2024 - 11:48AMvideocam

Social media and video streaming companies continue to face scrutiny from US regulators over data concerns. Photo: NurPhoto/Zuma Press/TNS

Malaysia

Malaysia urged by tech giants to pause ‘unworkable’ social media licensing plan

The Asia Internet Coalition, which includes Google, Meta and X, urged Malaysia to halt its social media licensing plan, citing unclear regulations and potential innovation hindrance.

27 Aug 2024 - 12:33AM

Artificial intelligence

Alibaba launches maths-specific AI models said to outperform OpenAI, Google LLMs

The new Qwen2-Math large language models are expected to help solve complex maths problems.

10 Aug 2024 - 9:30AM

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