Tag: Meta

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

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

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

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’

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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Peso slide to P63 vs USD, spur costs, inflation risks

The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

DTI assured stable prices, supplies ahead of Christmas

The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.

DMCI Power’s ₱3-B Palawan coal plant set for November public review

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.

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