Despite criticism, Facebook posts 17% jump in quarterly profits
26 October 2021 | 10:48 am
Facebook reported an annual 17 per cent jump in third-quarter net profit, driven by an increase in daily active users and strong advertising sales despite the platform facing multiple controversies that have led to calls for tighter regulation.
29 Oct 2021
Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.
2 Nov 2021
Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."
13 Nov 2021
Derived from the French word for obstacle course, parkour involves running, jumping, climbing and vaulting to get from one point to another in a complex environment. It carries symbolic weight for Palestinians Jehad and Abdallah, who practice the sport in the ruins of Gaza. For them, it almost literally embodies the daily struggles of life in the Palestinian enclave. Italian filmmaker Emanuele Gerosa's documentary "One More Jump" explores their story. He joined us for Perspective.
13 Nov 2021
Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.
17 Nov 2021
Facebook became Meta Platforms on October 28 and subsequently announced its grand plans for bringing the virtual and physical worlds together in the metaverse. Since then, tech and entertainment giants have been jumping on the bandwagon and staking their own claims as builders of a new reality. But what exactly is the metaverse and what are the risks associated with it? Peter O'Brien takes a closer look in this week's Tech 24, the first in a new live format.
17 Dec 2021
Many Facebook groups based in Mali and Nigeria began sharing a video of a helicopter on December 9, claiming it showed an aircraft delivering weapons to terrorists. In Mali, the posts often accused the French government of operating the helicopter, while posts coming from Nigeria laid the blame on the Nigerian government. In reality, the video is from neither one of these countries – it was filmed in the Central African Republic during a routine supply drop.
16 Dec 2021
The autocratic leaders of Russia and China railed against Western meddling and praised cooperation between their countries. The two will meet in person at the Beijing Winter Olympics in February.
30 Dec 2021
The total number of omicron cases detected in Germany rose sharply with the latest figures, which were the first to provide testing results and data from a working day after the Christmas break.
Brent crude topped $88 a barrel in Tuesday trading, its highest level since October 2014 - creating a further potential headache for squeezed UK consumers if the increase is passed on to petrol pumps.
For the first time since inception in 2004, Facebook lost about 5 lakh users on a daily basis during Oct-Dec 2021. That saw the shares of its parent company, Meta, plunge 20 percent on the exchanges, wiping off $200 bn in market capitalisation.
The hype around NFTs is reaching critical mass, with more and more companies and public figures joining the frenzy each day. In this edition of Tech 24, we explore why this might be the case, despite the technology itself being almost eight years old – the first NFT was created back in 2014. We also delve into the controversial world of play-to-earn gaming, which relies on NFTs. It promises money for playing, but does it deliver? Our Technology Editor Peter O'Brien has been finding out.
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The remains of Congolese icon Patrice Lumumba, the country's first prime minister, are laid to rest in Kinshasa. Belgium returned a tooth belonging to the murdered independence hero earlier this month. Also, African ministers of education were in Paris on Thursday for a UNESCO summit on tackling the devastating effect that the pandemic has had on education.
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The growing appetite for milk and meat is pushing the planet to the edge. But it doesn't need to be that way since there are many plant-based alternatives that aren't bad for the environment and still taste good.
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New Delhi has imposed a federal ban on some single-use plastics in a country that generates around 4 million tons of the material every year. Offenders can net hefty fines or a five-year jail sentence.
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Fashion today is about creating new paradigms: making beautiful and desirable clothes that also have a deep conscience.
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UNESCO World Heritage site the Château de Chambord became one of the world's most majestic concert venues this week, as British rocker Sting performed against the backdrop of its French Renaissance towers. The star also spoke about how his 1985 hit "Russians" is finding new relevance after the invasion of Ukraine.