and instagram announced results that beat analyst expectations. its revenue rose 25—percent in the last quarter to just over 40—billion—dollars. the company also announced its first ever dividend set at 50 cents per share. this comes just days before meta, which was one of the first tech unicorns, celebrates facebook�*s 20th anniversary. the bbc�*sjoe tidy has more. it all started like this, facebook or the facebook as it was then, lundstrom mark zuckerberg's digs in harvard in 2004. zuckerberg's digs in harvard in 200a. over the years, zuckerberg's digs in harvard in 200a. overthe years, more zuckerberg's digs in harvard in 200a. over the years, more and more features have been added and the design totally tweaked into what it is today. the impact of the famous blue almost instant, and in the last 20 years, it's altered society, politics and business in profound ways. here are four ways that facebook has changed our world. ways that facebook has changed ourworld. facebook ways that facebook has changed our world. facebook was a social media game changer.

other social networks existed like myspace, but mark zuckerberg's site really took off. it's less popular than it used to be with young people but the company insists it's still growing. it's the biggest social network in the world with 2 billion daily users. the most being in india and the us. two, facebook made the internet political. it was instrumental in movements like the arab spring as has become a key place for campaigning and debate around the world. for good and bad. in 2018, facebook agreed with the un report that it said it had failed to prevent its platform from being used to incite off—line violence against the range of people and me in my. facebook made personal data valuable. and less personal. facebook proved that collecting our likes and dislikes is extremely lucrative. facebook�*s parent company, meta, is an advertising giant and takes the lion's share of global digital had money alongside google. it's also proven what can go

wrong with all that data collection. facebook has been fined hundreds of millions of dollars multiple times for mishandling our data. most famously in the cambridge analytic a scandal. four, facebook kick started meta's dominance. with the success of facebook, mark zuckerberg built an empire. he brought companies like whatsapp, instagram, oculus and helped them grow. meda says that more than 3 billion people use at least one of their products every day. this dominance has argued lee not come from innovation but either from not come from innovation but eitherfrom buying rivals or copying their ideas. the apps disappearing stories feature, for example, copied snapchat. instagram rails is the company's answer to tiktok and fred's is an attempt to replace twitter. and now but the company pushing heavily into ai in the meta farris, who knows what the future holds. now let's turn to apple because its shares are down more than 3—percent after the bill. the tech giant's sales and profit surpassed analysts�* expectations but a poor showing in china overshadowed its quarterly results.

here's our north america business correspondent erin delmore with the latest. for apple, a big forapple, a big highlight, the first revenue growth in a year. the tech giant reported a 2% rise in overall fiscal first quarter sales breaking a year of declining sales. it's thanks to sales of the iphone 15 which hit stores in september. but a low light, a decline in sales in china to the tune of 13%. apple is missing out on one of its key markets. the world's second largest economy is grappling with a slow down thanks to a property market crisis, slow growth and high unemployment among young people. that slowdown is weighing on iphone sales and increasing chinese consumers are opting for phones made by... powered by chips made in china. meanwhile, apple is on the verge of releasing its vision pro headset, this is apple's entree into spatial computing some of that is running apps over the real world information you are already taking in. fans call it

augmented reality, but well they dropped $3500 on a headset? apple's other wearable products like its airport headphones and apple watch showed weak demand. top sales estimates for the quarter but declined 11% year—over—year stop the vision pro headset is apple's big event to make a splash in a product category thatis splash in a product category that is not at signature smartphone. it hits shelves on friday. more on big tech... amazon has beaten fourth quarter earnings expectations, with strong growth in its cloud business and online spending during the holiday season. the company reported a 1a%jump in revenue, which saw its shares rallying in after—hours trading. earlier on thursday, the firm announced a new artificial intelligence assistant for shopping — named rufus. its designed to help users search and shop for products. but what do these tech results mean for investors? i spoke to dan gerard,

a senior market strategist from state street global markets a little earlier. that shows why tech remains on a my favourite sectors for the rest of this year. it contains all the things we are looking for in a market that i think contrary to some of the prevailing optimism, it's going to get a lot tougher this year despite the fed, and we can talk a little bit about that later. but tech has everything we would want in this environment. we've got a pretty good rising sales, we've got profitability, margins protective. buy—backs we have pretty low debt levels and lots of cash flow. in a think in that space that's what we'll want to see more of as we start to get into some these challenges that i think will be heading most of the equity space as we progress through this year. the other part about it is the consumer is really what is holding things up right now, and i think the consumer focus will remain in part ten

to four at the first half as well. , ,., , well. equities, bonds, commodities, - well. equities, bonds, commodities, they . well. equities, bonds,| commodities, they are well. equities, bonds, _ commodities, they are placed... how are they placed after the latest fad an announcement with regards to interest rates? haw regards to interest rates? how do ou regards to interest rates? how do you see _ regards to interest rates? how do you see in _ regards to interest rates? how do you see in faring _ regards to interest rates? firm do you see in faring going forward to? it's quite interesting because everyone thinks that this is going to be the year of the bond, that this is going to be this period where we moved to finally a rate cutting environments, which should lift bonds up. it also support risk assets and lift equity higher. there is a little bit of trouble but that. first off, what have we learned from the fed this week? we learned that they really want to cut but there is a small quarter of people on the board that are probably holding them back for a number of reasons. they went to see a continued show of data. the market thinks that today's going to be six cuts this year, so that is the price into the market. and even

as powell had said, it will probably not be march. the market still believes that it might be. so i think that there is still some risk to this interest rate environment. the other part of this is that if we get better growth, then we shouldn't have this negative yield curve, which will cause a little bit for the bond market as well. in other news making headlines... germany's largest bank, deutsche bank, says it is planning to cut three thousand 500 jobs worldwide by the end of next year. it is the latest lender after citigroup and goldman sachs to trim its workforce. many financial institutions saw a fall in deal—making activities after interest rates rose. deutsche bank employs 90,000 staff around the world india s finance minister has presented the governments spending plan for the year. it was an interim budget focusing on infrastructure and long—term reforms... ahead of elections slated to take place in a few months' time. my colleague arunoday mukharji

has the highlights. spending big on infrastructure projects has been key to this government's economic policies and we saw an example of that once again in the finance minister's speech when she promised an expenditure to the tune of nearly $130 billion on infrastructure, which was a hike of about 11%, and about 3.4% of the annual gdp. the indian government hopes that by way of these big ticket infrastructure projects, they can generate more employment and keep india on the path of economic progress as has been promised by this government. the government also announced a portable housing to the tune of 20 million, built over the 30 million that has already been made by the indian government, but ahead of the elections that are slated to happen in the next few months, we didn't see any major spending on social welfare schemes, apart from the fact that the government announced free electricity by way of solar panel roof tops to about 10 million homes. the government also has been talking about its fiscal deficit problem, well, they said that by way of higher tax

collection, they had reduced the fiscal deficit by that less than half a percent to 5.1%. but borrowing all of this, there has also been some concerns that have been cited that not enough spending has been announced in key areas like health as well as education, which remain a concern according to some communists so. as i said, elections arejust in communists so. as i said, elections are just in a few months' time and this was an interim budget. the prime minister's government will be hoping to get reelected for a record third term based on their economic policies so far, hoping that they have connected with the boulder. and here's something that might not be available to tiktok users for much longer... taylor swift's music. the social media company's access to universal music group's growing roster of artists ended on wednesday.. after months of negotations between the two companies collapsed. tiktok has now begun muting short videos featuring the label's artists..which aside from swift includes acts like the weeknd, olivia rodrigo and others.

and that's it for this edition of asia business report. thanks for watching. bbc news— bringing the different stories from across the uk. gail's lens straddles the uk. gail's lens straddles the border between cumbria and northumberland, this is hadrian's wall country. welcoming walkers is what they do here. —— gilsand. over the last 15 months, the sampson inn has been shot. that's meant no hot food for visitors in the evening. as a result, claire hawkins has adapted her b&b to meet the demand for food. a short—term fix, but no long—term solution for macro. tourism is the main player in the village, 40,000 visitors a year. so all of those need some work to be fed emma to be

watered, and we need to keep as a valuable location —— or two. it's one of the major stops on hadrian's wall. it's one of the ma'or stops on hadrian's wall._ hadrian's wall. out of adversity _ hadrian's wall. out of adversity came - hadrian's wall. out of adversity came a - hadrian's wall. out of- adversity came a home-grown adversity came a home—grown solution. the community led by the pub. to do that, they are selling shares in the sampson, the rest of the £295,000 they need, well, it's hoped, coming from the government's levelling up from the government's levelling up fun. the signs are helpful. amazing, fantastic. we started off on the 7th of december, within three days, we had £30,000. and now we have 132,500 and even more still coming in. 132,500 and even more still coming in-— coming in. for more stories from across _ coming in. for more stories from across the _ coming in. for more stories from across the uk, - coming in. for more stories from across the uk, head i coming in. for more stories| from across the uk, head to coming in. for more stories - from across the uk, head to the bbc news website. hi, tonight, lewis hamilton makes a shock move, margot robbie speaks out about barbie and a carnivalfor dogs. we start in clapham in south london where police have named

and the student campaigning for it to be easier to get publicly funded wheelchairs and more type about the type they get. she is now making a positive change. a wheelchair is notjust a piece of equipment or an aid, it is an extension of our body. wheelchair enables us to be independent and access our lives and without the right wheelchair have a good quality of life. he is called leaving mercedes and of the hardest decisions he's ever had to make and added...

next, margot robbie has now spoken about not getting an oscar nomination for best actress for playing barbie. the film got eight nominations including best picture and best supporting actor for ryan gosling but she said there is no reason to be sad when you know you are this blessed. still all good in the world of margo robbie. time 110w now to leave you with ten seconds of dogs at a carnival in rio. i mean, this is a complete sleigh. look at it. skirts, sunglasses, the fall locked. having a lovely time wagging their tails to samba music at the yearly event. can we appreciate that bright pink bull? i am obsessed. you are all caught up now. see you later.

hello and welcome to sportsday i'm chetan pathak coming up on the programme... sending shock waves around formula one lewis hamilton stuns the sport with the seven time champion switching to ferrari after next season. late, late drama for manchester united. marcus rashford returns with a goal as they beat late, late drama for manchester united. marcus rashford returns with a goal as they beat wolves — but onlyjust. and can uncapped 20—year—old spinner shoaib bashir help england stay in charge

of their series in india we'll look ahead to friday's second test. welcome along, thank you forjoining us. we start with what might be called the biggest driver transfer in the history of formula 1 and a plot twist few saw coming. lewis hamilton will leave mercedes at the end of next season and join rivals ferrari from 2025 the 39 —year—old started out in f1 at mclaren back in 2007 winning the first of his titles a year later in what was a gamble at the time he made a big move