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Facebook has said it will start publishing the financial results of its augmented and virtual reality labs as a separate unit.It's investing billions in its ambitions to build the "metaverse".It comes as it reported that its main advertising business faces "significant uncertainty."Facebook, which reported third-quarter profit up 17%, warned that Apple's new privacy changes would weigh on its digital business in the current quarter. It says it expects its investment in its hardware division, Facebook Reality Labs, to reduce overall operating profit this year by approximately $10 billion.It comes as the company is swamped by coverage of documents leaked by former Facebook employee and whistleblower Frances Haugen.She says the company chose profit over user safety. In a call with analysts on Monday, CEO Mark Zuckerberg issued a defence against criticisms stemming from the documents.He said Facebook in the coming years will be seen not as a social media firm but as a company focused on the metaverse. The buzzy term refers broadly to a shared virtual environment which can be accessed by people using different devices.
The dancer has said people should stop speculating as there was 'no wrongdoing'.
The presenter is ready for the red carpet and excited about her latest co-star.
That means that in April 2021 full-time working men earned 7.9% more than women.
Southeast Asian nations are speeding up their plans to transmit renewable energy through a proposed regional power grid, with first trials set for 2022, as the area strives to meet climate change targets, government and company officials said. Some members of the Association of Southeast Asian Nations (ASEAN) are also exploring carbon capture storage (CCS) technology to reduce emissions, officials said at this week's Singapore International Energy Week conference. ASEAN has proposed that 23% of primary energy come from renewable sources by 2025.
Halloween is just around the corner!
JOHOR BARU, Oct 26 — Johor PKR today has opposed the four Melaka state assemblymen — who recently caused the collapse of the state government and triggered the state election — to contest under...
Nigerian start-ups are digitising the local food supply chain, helping merchants navigate high food costs and farmers sell their produce. Two such firms, Vendease and Sabi, which were formed last year, have created digital marketplaces allowing wholesalers, shopkeepers, restaurateurs and hotels to buy directly from farms and manufacturers. Inflation has been in double digits in Nigeria since 2016, although it has eased over the past six months.
The rise marked a 9% rise when compared to the same period last year, and was up from $2bn in the second quarter. It was the company’s best quarter since 2015.
Animal Rebellion campaigners scale a UK government building in Westminster ahead of COP26 climate summit in Glasgow next week. The group demands an end to subsidies for meat and dairy farming in a protest against environmental changes.
China's commerce ministry said on Tuesday that it aims to see online retail sales in the country rise to 17 trillion yuan ($2.66 trillion) by 2025, from 11.8 trillion yuan in 2020, in a statement outlining its 14th five-year plan for the e-commerce industry. The Ministry of Commerce said that it also aims to see the e-commerce industry, and other related sectors, employ 70 million people by 2025, up from 60.2 million in 2020.
Women activists in Kabul held up signs that read "why is the world watching us die in silence?" on Tuesday, protesting the international community's inaction on the crisis in Afghanistan.
Former Scotland and Rangers manager Walter Smith has died at the age of 73, the Glasgow giants confirmed on Tuesday.
It’s hoped that the UN conference will set out important new steps for hundreds of countries to deal with climate change.
Top news and what to watch in the markets on Tuesday, October 26, 2021.
KUALA LUMPUR, Oct 26 — The Malaysian Quarantine and Inspection Services Department (Maqis) today donated 11 tonnes of confiscated frozen meat products worth RM106 million to Zoo Negara, the...
A melodic whistling sound resonated from San Francisco’s Golden Gate Bridge as an atmospheric river swept over California on Sunday, October 24, bringing record rainfall to the San Francisco Bay Area.Up to 16.55 inches of rainfall was measured across the region as of Monday, according to the NWS.Footage by San Francisco resident Dr. Anne Cummings shows the iconic landmark producing the sound at about 9am.Golden Gate Bridge District spokesman Paolo Cosulich-Schwartz said last year that the woodwind-like singing effect was caused by a handrail replacement on the bridge’s west side.“The slats on the new hand rail are much thinner than the old hand rail which means that air can flow more freely across the bridge,” he said. Credit: Anne Cummings via Storyful
From 8 November, fully vaccinated travellers from Australia and Switzerland may enter Singapore without quarantine.
Hurricane Rick made landfall in Mexico’s southwest as a Category 2 storm on October 25, bringing powerful winds of up to 165 km/h and intense rainfall.The storm was later downgraded to a tropical depression as it made its way inland towards Jalisco state.In the early hours of October 26, officials warned that the heavy rains could still lead to landslides and flooding in Michoacan, Guerrero, and Jalisco. The weather system was producing winds of up to 55 km/h.The civil protection agency for Guerrero released this footage showing a surging swollen river, urging the public to take refuge in safe areas. Credit: Civil Protection Guerrero via Storyful
The incident is taking place in the sea off the coast of the town of Harwich.