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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 fountain in Ciudad Rodrigo, Spain’s Salamanca province, is cordoned off on Monday after it collapsed during World Cup celebrations. Photo: EPA
Spain

Teen dies during Spain World Cup celebrations

The teen died and several people were injured after a fountain collapsed in western Spain during celebrations.

US-China relations

Many allegations, little evidence: unpacking China election-interference records

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Fame and celebrity

Meet Douglas Chabbott, Sofia Vergara’s much younger boyfriend

European Union

EU demands ‘youth mode’ to protect children from addictive social media features

The addictive features include infinite scroll, autoplay, push notifications and highly personalised recommender systems.

A teenager looks at a smartphone displaying the TikTok logo in Brussels on July 7. Photo: AFP
European Union

EU eyes social media curbs for children

Australia, Britain, China, India and the United States have already imposed a social media ban or are ‌considering ‌one.

Indonesia

‘Grading own homework’: is Indonesia outsourcing online safety to tech giants?

Without a regulator, Indonesia’s child online safety rules require digital platforms to assess and remove underage accounts themselves.

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South Korea

South Korea ‘fake news’ law triggers free speech, censorship fears

The scope extends beyond social media to malicious reviews and defamatory posts on online communities, delivery apps and shopping platforms.

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Men look at their smartphones while waiting in Seoul. Photo: AFP
Hong Kong society

No need to share numbers as WhatsApp set to introduce new feature for texting

Starting this week, users can reserve unique usernames that allow them to text without swapping numbers later this year.

Hong Kong police

Hong Kong physiotherapist loses HK$5m in scam involving ‘beautiful assistant’

Facebook ad redirected victim to WhatsApp chat with scammer who pushed fake ‘SecuG Pro’ investment app and solicited transfers.

Britain

My Take | Putting the social media genie back in the bottle will not be easy to do

The determination around the world to crack down on the use of these platforms by children is a response to the mounting evidence of the harm it can do.

Britain is eyeing measures aimed at protecting children online. Photo: Reuters
Australia

Australia PM: ‘too many children on social media’, ban too easy to avoid

According to a British ‌study, 85 per cent of Australians aged 12 to 15 were still using social media three months after the ban took effect.

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Prime Minister Anthony Albanese speaks at Question Time in the House of Representatives at Australian Parliament House in 2024, in Canberra. Photo: TNS
Artificial intelligence

China keeps an eye on AI smart glasses as privacy concerns come into focus

Voluntary code aims to address privacy fears surrounding AI smart glasses as shipments surge and hidden recordings spark public outrage.

The Future of Marketing in Asia

China’s digital platforms redefine global marketing strategies

The mainland’s app ecosystem integrates content, discovery and transaction into a single and seamless experience.

The Future of Marketing in Asia

The art of persuasion enters the AI era

Content creators have risen to eclipse traditional ad formats, but now, as AI takes centre stage, the battle for authenticity is on.

Three quarters of Hong Kong consumers trust an influencer’s product recommendation even when they know it’s a paid partnership. Photo: VCG via Getty Images
Donald Trump

Trump threatens 100% tariff on French wines over digital tax

The US is the biggest importing country for French wines and spirits, accounting for 21 per cent of the overall export market last year.

Bottles of French wine are displayed for sale in a liquor store in 2019 in Arlington, Virginia. Photo: AFP
Britain

UK bans under 16s from social media apps including TikTok, YouTube

The move makes the UK part of a growing global movement to tighten online safety for children.

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Singapore

Singapore’s ban on anti-Indian posts exposes threat of race ‘weaponisation’

The posts from a China-based platform have sought to tap into unease on unemployment and ‘play on existing prejudices’, an analyst says.

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Singapore

Singapore orders social media platforms to block anti-Indian posts

Investigations reveal that the divisive posts likely originated from a China-based platform, minister says.

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A woman inspects a vegetable stall in the Little India district of Singapore in July 2020. Photo: EPA-EFE
Vietnam

Vietnam detains Australian man who trashed Da Nang cafe

He destroyed bar equipment and furniture, and customers’ belongings, including laptops and mobile phones.

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Malaysia

Malaysia bars under-16s from social media as new rules come into force

Malaysia’s roll-out of strict age-gating rules follows on the heels of Australia and Indonesia in the push to protect children online.

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China’s Communist Party

Actress Lin Chi-ling quits Taiwan culture board amid backlash

Lin withdrew from the board of the Taiwan Creative Content Agency after backlash from the island’s arts community and Beijing.

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Actress and model Lin Chi-ling at a jewellery promotion event in 2023 in Taipei. Photo: VCG via Getty Images
Indonesia

Fake news campaigns in Indonesia linked to military, Prabowo’s party: Amnesty

Amnesty’s findings reflect growing concerns that Indonesia is backsliding towards army rule under former special forces commander Prabowo.

Indonesia’s President Prabowo Subianto speaks to members of the media after inaugurating military aircraft at the Halim Perdanakusuma air base in Jakarta on Monday. Photo: Reuters
Icons and Influencers

Meet Monica Mosseri, Instagram CEO Adam Mosseri’s wife and Met Gala date

The ex-Facebook employee met her future husband during her time with the company, has 3 sons – and doesn’t have a public Instagram account.

Icons and Influencers

Meet OpenAI’s Charles Porch – who attended the Met Gala

Porch was one of a number of tech titans – from Jeff Bezos to Meta’s Mark Zuckerberg and Google’s Sergey Brin – at the event this year.

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.

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
Indonesia

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

This is in line with new restrictions on minors’ use of social media and digital platforms in the country.

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A girl plays Roblox on her mobile phone in Jakarta, Indonesia. Photo: AP
Artificial intelligence

China blocks Meta’s Manus deal, raises Mythos concerns

The US and China may have to cooperate on managing the growing capabilities of artificial intelligence even as the technology starts to dominate competition between them.

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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