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2025.07.24

10:45

TikTok's revenue in 2024 will reach $23 billion, accounting for a record high proportion of ByteDance's revenue

The TikTok Application Report by the UK Business of Apps shows that TikTok's revenue in 2024 will increase by 42.8% year-on-year to US$23 billion, making it the fourth largest social application in terms of revenue in the world, second only to Facebook, Instagram and YouTube. According to the reporter, although ByteDance's net profit growth and profit margin both slowed down in 2024, the overseas business revenue mainly based on TikTok increased by 63% year-on-year, accounting for a quarter of ByteDance's total revenue, setting a record high. As of press time, ByteDance has not yet responded to the above data.

2025.06.20

06:17

16 billion Apple, AAPL, Facebook, META, Google, GOOGL, and other passwords leaked

2025.06.16

20:34

Trump Mobile: Trump Mobile’s analytics service providers include Google Analytics and Facebook Pixel for website data insights.

2025.05.01

05:11

Meta Platforms CEO Zuckerberg: Improvements to the recommendation system have driven users' stay time on Facebook to increase by 7%, on Instagram by 6%, and on Threads by 35% in the past six months.

2025.04.18

08:50

South Korean entertainment stocks surge as Lee Jae-myung proposes budget expansion

South Korean entertainment stocks, including TV drama producers and K-pop agencies, rose. Lee Jae-myung, former leader of the opposition party, said on Facebook that if elected, his government would "substantially increase" the budget for culture and entertainment to 1.33% of total national spending in 2024 and offer incentives including tax breaks. He said exports from South Korea's cultural content and entertainment industries would reach 50 trillion won by 2030. Webtoon KidariStudio rose as much as 15% to its highest since Nov. 4, Mr. Blue rose 17%, D&C Media rose 7%, Daewon Media rose 3.3%, Kakao rose 1.4% and Naver rose 1.3%. K-pop agency YG Entertainment rose 3.7%, SM Entertainment rose 3.5%, JYP Entertainment rose 3.1% and Hybe rose 2.2%. TV drama/film producer and distributor Studio Dragon rose 4.4%.

2025.03.28

00:35

Meta Platforms launches "New Friends" feature on Facebook

Meta Platforms launches the "New Friends" feature on Facebook.

2025.03.13

20:03

Meta Platforms (META.O): Started testing the community notes feature on Facebook, Instagram and Threads.

2025.02.27

11:09

Agency: User reports show problems with Facebook website

Monitoring website Downdetector shows that as of 10:27 Beijing time, more than 18,000 US users have reported problems with the social media site.

2025.02.11

08:37

Meta launches 5% global layoff plan

Meta, Facebook's parent company, will notify affected employees in most countries starting from the morning of February 10, local time, to implement its previously announced plan to lay off about 5% of its employees, involving about 3,700 people. Meta's human resources director Janelle Gale said the layoffs will be carried out in different regions within a few days, and American employees will be notified first.

2025.02.05

04:38

According to The Information: Meta Platforms (META.O) is merging the teams behind Facebook and Messenger into a single unit.

2025.01.30

09:21

Meta to pay $25 million to settle Trump's 2021 lawsuit over suspended account

Meta said on Wednesday local time that it has agreed to pay about $25 million to resolve a lawsuit filed by U.S. President Trump over the company's suspension of his account after the attack on the U.S. Capitol on January 6, 2021. Of the settlement amount, $22 million will go to the Trump Presidential Library Fund and the rest will be used to pay legal fees and other plaintiffs. Facebook's parent company Meta filed a notice of the settlement in federal court in San Francisco.

2025.01.28

00:05

Meta Platforms (META.O): Launched 1:1 conversation capabilities for Facebook, Messenger and WhatsApp to Meta AI on iOS and Android platforms in the United States and Canada.

2025.01.25

07:26

Zuckerberg said that the AI team will be greatly expanded this year and there will be more than 1.3 million GPUs by the end of the year

Meta CEO Zuckerberg stated on the social platform Facebook on January 24, local time, that approximately 1GW of online computing will be achieved in 2025, and Meta will have more than 1.3 million GPUs by the end of the year. Zuckerberg said Meta plans to invest $60 billion to $65 billion in capital expenditures this year while significantly developing its artificial intelligence team. That's a significant increase from Meta's capital expenditures of $35 billion to $40 billion last year.

2025.01.08

22:46

eBay shares rise 10% as Meta to test displaying eBay items on Facebook Marketplace

eBay shares rose nearly 10% Wednesday after Facebook parent Meta announced it will test displaying eBay merchandise listings on Facebook Marketplace.

2024.12.29

18:18

Yoon Seok-yeol posted on his Facebook that he expressed his deepest condolences to the families of the victims of the plane crash.

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Weekly Highlights

                                    Novo Nordisk (NVO.N): The downward revision of its fiscal year sales forecast is related to declining sales of its weight loss drug Wegovy in the United States.
                            2025-07-29

                                    Toyota Motor Corp. is expected to decide as early as Wednesday evening whether to resume operations at its Japanese factories.
                            2025-07-30

                                    The world's first active safety AI battery cell goes into mass production
                            2025-07-27

                                    CATL's losses widened in the afternoon, with A shares falling more than 4% to below 280 yuan and H shares falling more than 7%.
                            2025-07-30

                                    BYD: Sales of new energy vehicles in July were 344,296 units. The cumulative sales of new energy vehicles from January to July were 2,490,250 units, a year-on-year increase of 27.35%.
                            2025-08-01