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

The new Qwen3 AI model family is available on open-source platforms GitHub and HuggingFace, as well as Alibaba’s own ModelScope service. Photo: Shutterstock

Artificial intelligence

Alibaba’s Qwen3 AI model family helps narrow US-China tech gap: analysts

It reflects Qwen’s current position as the world’s largest open-source AI ecosystem, surpassing Meta Platforms’ Llama community.

1 May 2025 - 8:30AMvideocam

Artificial intelligence

Meta introduces Llama application programming interface to attract AI developers

30 Apr 2025 - 11:53AM

Artificial intelligence

Alibaba unveils Qwen3 AI models that it says outperform DeepSeek R1

29 Apr 2025 - 10:03AMvideocam

Artificial intelligence

Geely-owned DreamSmart to push mobile payments via AI smart glasses

DreamSmart is working with Ant International to enable mobile payments for users of its StarV Air2 eyewear.

29 Apr 2025 - 11:58AM

DreamSmart Group’s AI-powered StarV Air2 eyewear will offer mobile payments functionality from the third quarter this year. Photo: SCMP

Metaverse

Facebook owner Meta lays off more than 100 employees in Reality Labs

The job cuts affected staff focused on creating VR experiences for Meta’s Quest headsets, and those working on hardware.

25 Apr 2025 - 12:15PM

Artificial intelligence

Google earnings beat estimates, says AI investments boost ad sales

Big Tech firms have continued to defend their aggressive AI investments, saying these were necessary to remain competitive.

25 Apr 2025 - 10:10AMvideocam

E-commerce

Shein, Temu to increase US prices next week, reflecting new tariffs

In nearly identical statements, Shein and Temu said prices would increase following US policy changes expected to impact how they operate.

18 Apr 2025 - 5:30PMvideocam

Shein and Temu issued nearly identical statements notifying US shoppers that prices would increase next week. Photo: Reuters

E-commerce

Temu cuts US ads after Trump’s tariffs, as app downloads plunge

The Chinese-backed shopping app has been a significant advertiser since launching in the US in September 2022.

16 Apr 2025 - 8:17PM

Mark Zuckerberg

Meta chief Mark Zuckerberg testifies at landmark US antitrust trial

Meta is accused by Federal Trade Commission of abusing its market power to acquire Instagram, WhatsApp before they could become competitors.

15 Apr 2025 - 8:50AM

Social media

Video | How Big Tech’s shift toward Trump impacts Asia

Social media has been blamed for inciting violence, spreading hate, misinformation and disinformation in Asia

14 Apr 2025 - 2:32PM

How a shift toward Trump by tech giants like Meta could reshape Asia's digital future

13:28

TSMC

TSMC’s revenue soars amid AI demand ahead of US tariffs

The main chipmaker for Apple and Nvidia faces threats by US President Donald Trump to slap tariffs on semiconductor imports.

10 Apr 2025 - 2:55PMvideocam

TSMC has posted better-than-expected sales for the first quarter of 2025. Photo: AFP

US-China relations

Ex-Facebook exec tells lawmakers that Meta briefed China on US AI efforts

‘Careless People’ author Sarah Wynn-Williams accuses the company of betraying American values to win Beijing’s favour and grow its business.

10 Apr 2025 - 3:22PM

Artificial intelligence

Alibaba executive sees ‘explosive growth’ in AI applications in 2025

A four-day AI fair hosted by Alibaba Cloud in Beijing offers visitors a glimpse of the future.

9 Apr 2025 - 6:00PM

Wearables

Meta’s upcoming smart glasses with a screen and how they’ll work

US$1,000-plus deluxe smart glasses to have screen in front of right eye to display photos and apps, and to respond to hand-gesture controls.

3 Apr 2025 - 4:45PM

Social media giant Meta’s deluxe smart glasses, set to launch before the end of 2025, will mark a step up from its current range, with a screen in front of the right eye displaying photos and apps. They will cost over US$1,000, insiders say. Photo: Handout

Artificial intelligence

Microsoft abandons data centre projects, sparking oversupply fears

Microsoft’s retrenchment in the last six months included lease cancellations and deferrals, analysts at investment bank TD Cowen said.

27 Mar 2025 - 10:09AM

Microsoft’s offices in Issy-les-Moulineaux near Paris, France. Photo: Reuters

Books and literature

Ex-Facebook director’s ‘explosive’ memoir about Meta trio’s ‘excesses’

How Mark Zuckerberg tried to get Facebook into China and Meta’s ‘profoundly flawed’ leading trio described by ex-global public policy chief.

7 Mar 2025 - 8:40AM

Technology

Opinion | How American AI ambitions limit options for Southeast Asia

As the US touts opportunity over safety in artificial intelligence, countries must balance potential economic gains with strategic interests.

4 Mar 2025 - 6:56PMvideocam

Artificial intelligence

Chinese sex doll maker sees jump in 2025 sales as AI improves user experience

WMDoll founder Liu Jiangxia says the integration of generative AI models ‘makes the dolls more responsive and interactive’.

7 Mar 2025 - 9:52AMvideocam

About 90 per cent of WMDoll’s sales are outside mainland China, with sex doll shipments to the US making up half of the company’s export volume. Photo: Thomas Yau

Artificial intelligence

DeepSeek’s AI models give boost to China’s smart glasses sector to take on Meta

The start-up’s powerful and cost-efficient models have “fundamentally reshaped the economics of AI deployment’, smart glasses maker Rokid’s founder says.

7 Feb 2025 - 6:15PM

Mark Zuckerberg

Zuckerberg visits White House to discuss US tech leadership

Facebook co-founder has said he is optimistic Trump will help ensure US tech companies’ dominance, helping them to beat competitors abroad.

7 Feb 2025 - 7:56AM

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.

4 Feb 2025 - 8:30PMvideocam

Artificial intelligence

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

Meta shares were flat after the market closed but rose, as CEO Mark Zuckerberg spoke optimistically about firm's AI initiatives.

30 Jan 2025 - 2:05PM

Artificial intelligence

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

Alibaba touts that its new Qwen 2.5-Max AI model had ‘comprehensively outperformed’ DeepSeek-V3 in certain benchmark tests.

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

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

Chinese Premier Li Qiang, left, listens to DeepSeek founder Liang Wenfeng at a meeting in Beijing on January 20, 2025. Photo: CCTV

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

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

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