Tag: Meta

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Meta’s profit fall on tax charge, shares down on AI spending concern

Corporate Context.ph Context.ph -
Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, reported a steep decline in third-quarter net income to USD 2.71 billion, driven by a one-time, non-cash charge tied to the implementation of the One Big Beautiful Bill Act.

Meta posts strong 2Q earnings, shares soar

Corporate Context.ph Context.ph -
Meta, the parent company of Facebook and Instagram, reported stronger-than-expected quarterly results on Wednesday, sending its shares surging to record highs.

Meta earnings up on ad growth momentum

Corporate Context.ph Context.ph -
Meta Platforms Inc., parent company of Facebook, Instagram, and WhatsApp, posted stronger-than-expected first-quarter earnings, lifted by robust advertising revenues and continued momentum in artificial...

Scam Watch to Meta: Keep FB from being ‘scammers’ playground’

Communications & Technology Context.ph Context.ph -
Meta, the parent company of Facebook and Instagram, has announced a renewed push to curb spammy content across its platforms—but Scam Watch Pilipinas isn’t...

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Meralco energizes new substation in Cavite

Corporate Bulletins 0
Manila Electric Company (Meralco) has placed the new Osorio (Conchu) Substation into operation. This project adds 83 megavolt amperes of capacity and upgrades key equipment to improve power reliability in Trece Martires City and General Trias.

Thrift banks post strong 2025 growth, helps boost PH economic expansion

Banking & Insurance 0
The Chamber of Thrift Banks (CTB) said Monday that the Philippine thrift banking industry achieved robust growth in 2025, marking continued stability and contribution to national economic development.

South Korea donated vessel helping clean up trash in Manila Bay

Environment 0
President Ferdinand R. Marcos Jr. and Environment Secretary Juan Miguel Cuna will lead the inauguration of the MV Nilad on June 30, a modern cleanup vessel donated by the Government of South Korea through KOICA.

Steel sector bets on infrastructure, roadmap for growth

Economy 0
The Philippine steel industry remains cautiously optimistic despite slowing construction activity, pinning its long-term growth hopes on the government's infrastructure pipeline and a long-awaited industry roadmap aimed at strengthening domestic manufacturing.

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