company that owned space —— facebook beat analyst expectations. the revenue was 25% adjusted over $40 billion. the company announced its first ever dividend assent at 50 cents per share. this comes days before meta, which was one of the first tech unicorns celebrate the 20 anniversary of facebook. it all started like this, facebook, orthe it all started like this, facebook, or the facebook as it was known, launched from mark soccer bugs digs at harvard. more mortgages have been added and the design slowly tweet into what it is today. but the impact of the app was almost instant. and in the last 20 years, its 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 networks existed like

myspace but mark zuckerberg, took off. is less popular than it used to be with young people but it is as it is still growing. is the biggest in the world with 2 billion daily users, the most being in india and the us. facebook may the internet political. it was instrumental in movement and has become a key place for campaigning and debating elections around the world, for good and bad. in 2018 facebook agreed with the un report that it said it failed to prevent its platform from being used to incite off—line bylaws. they met personal data bible and less personal. they proved collecting our likes and dislikes is extremely lucrative. the best book company meta takes the line share of global digital at money alongside google. but it also proven what can go wrong with all that data collection. facebook has been fined

hundreds of millions of dollars, multiple times. for mishandling data. most famously in the cambridge analytical scandal. the kickstart of the dominance of meta. mark zuckerberg built on an empire and book companies like whatsapp, instagram, and help them grow. they said more than 3 billion people use at least one of their products, every day. this dominance has arguably not come from innovation but either from buying rivals or copying their ideas. the disappearing stories feature copied snapchat, instagram reels as the companies answer to tiktok and threats as an attempt to replace twitter. and now with the company pushing heavily into ai and the metaverse, who knows what the future holds? apple shares are down more than 3% in after—hours trading, the tech giant cells profit surpassed analyst expectations but apportioning in china overshadowed its results. he is our business correspondent. for

a- le our business correspondent. igrr' apple epic highlight, the first revenue growth in a year. the tech giant reported 2% rise in overall fiscal first quarter sales, breaking a year of declining sales. it's thanks to cells 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 slowdown thanks to a property market crisis, slow growth and high unemployment among young people. that slowdown is weighing on iphone sales and increasingly chinese consumers are opting for phones which are powered by chips made in china. apple is on the verge of losing its vision pro headset, apples entry into special computing, running apps over the real—world information you are already taking in. fans collect augmented reality. but will

they drop $3500 on a headset? the other wearable product psyche at pod headphones and apple watch show demand, showing week is a is for the quarter but declined year over year. the headset is the big bed to make a splash in a category that is not its signature smartphone. it hit shelves on friday.— signature smartphone. it hit shelves on friday. amazon has been fourth-quarter _ shelves on friday. amazon has been fourth-quarter earnings i been fourth—quarter earnings expectations with strong growth in its cloud business and online spending during the holiday season. they reported a 14% jump in holiday season. they reported a 14%jump in revenue which holiday season. they reported a 14% jump in revenue which saw it shows rallying in after—hours trading. earlier on thursday the firm announced a new artificial intelligence assistance for shopping and rivers. it's designed to help users social price. what are they meant for investors? i spoke with a senior market strategist from state street global markets earlier. this shows why _ global markets earlier. this shows why tech _ global markets earlier. this shows why tech remains - global markets earlier. ti 3 shows why tech remains one of my favourite sectors for the

rest of this year. it contains all the things we are looking for in a market that i think maybe contrary to the prevailing optimism. it will get a lot to offer this year. despite the fed and we talk about that later. but tech has everything you would want in this environment. we got pretty good rising sales, profitability, margins protected, buybacks, pretty low debt levels and lots of cash flow. in that space i think that's what we want to see more of as we start to get into some of as we start to get into some of the challenges that i think will be hitting most of the equity space as we progress through the year. the other part about it is the consumer is really what is holding things up right now. i think the consumerfocus will things up right now. i think the consumer focus will remain important for the first half as well. ., ., ., , , well. how are the asset markets. _ well. how are the asset markets, commodities, well. how are the asset -

markets, commodities, however there poised after the fed announcement with regards to interest rates? how do you see them bearing going forward? it's interesting because everyone thinks it will be the year of the bonds. this period when we moved to finally a red cutting environment which should lift bonds up but also support risk assets and with equities higher. as a bit of trouble with that. first off, what do we learn from the fed this week? we learned that they really want a cut that there is a small number of people on the board that are holding them back for a number of reasons, they want to see continued show of data. the market thinks that it will be six cuts this year, thatis it will be six cuts this year, that is priced into the market. even as powell has said, it will probably not be much. the market still believes it might be. —— march. there is still

risks to this environment, the other part is if we get better growth, then we should not have this negative yield curve will cause some problems for the bond market as well. meanwhile palatine shares _ bond market as well. meanwhile palatine shares have _ bond market as well. meanwhile palatine shares have plunged . palatine shares have plunged after the company trimmed four year revenue forecast, the bike maker which was one of the biggest beneficiaries of pandemic lockdowns has struggled as customers around the world return to gyms. inflation has not helped either with potential customers are pulling back on spending during the holiday season. to india, whether finance minister has unveiled the government's spending plan for the year. was an interim budget, focusing on infrastructure and long—term reforms. at of elections slated to take place in a few months time. my colleague has the highlights. time. my colleague has the highlights— highlights. spending big on infrastructure _ highlights. spending big on infrastructure project - highlights. spending big on infrastructure project has . highlights. spending big on i infrastructure project has been key to the government economic policies and we saw an example

of that once again in the finance minister's speech when it was promised an expenditure to the tutor billy hundred and $30 billion on infrastructure which was a hike of about 11%. the indian government herbs that by way of these ticket infrastructure projects they can generate more employment and keep india on the part of economic progress as has been promised by this government. they also announced affordable housing to the tune of 20 million a belt of the 30 millimetre body been made by the government. —— 30 million made. we didn't see any major spending on social welfare schemes. apart from the fact that the government announced free electricity by the way of solar panel roof tops to about 10 million homes. the gottman has also talked about its fiscal deficit problem, they said by way of a higher tax collection they reduced the fiscal deficit by less than half a percent to 5.1%. there's also been concerns cited that

not enough spending has been announced on key areas like health as well as education which remains a concern to some economist. elections arejust in a few months time and this was an interim budget and the prime minister government will be hoping to be re—elected for a record third term based on the economic policies so far. hoping that they have enacted with the builder. if hoping that they have enacted with the builder.— with the builder. if you or someone _ with the builder. if you or someone you _ with the builder. if you or someone you know - with the builder. if you or someone you know is - with the builder. if you or| someone you know is into with the builder. if you or - someone you know is into tiktok than i have some bad news for you. there might be something thatis you. there might be something that is not available on social media service for much longer. music playing i'm talking about tells with music, access to universal music group's growing loss of artist and on wednesday after months of negotiations collapsed. not just taylor swift, collapsed. notjust taylor swift, the social media platform has now begun using short videos featuring the levels artist. which include from telus with acts like the weekend and olivia roderigo. universalsaid

0livia roderigo. universal said the 0livia roderigo. universalsaid the wasn't expired because of social media companies unwillingness to appropriately compensate artists. i will have more in an hours time, that's it for this edition of as a business report. bbc news bringing you different stories from across the uk. fin stories from across the uk. on the edae stories from across the uk. on the edge of — stories from across the uk. 0n the edge of the moors, she filled farm is changing with the times with mark and louise embracing even more new ways of working. i embracing even more new ways of workinu. ~ ., ., working. i thinki have to topside- _ working. i thinki have to topside. what _ working. i thinki have to topside. what have - working. i thinki have to topside. what have you i working. i think i have to i topside. what have you got there? �* r' topside. what have you got there?- the - topside. what have you got| there?- the milking there? brisket. the milking arlour there? brisket. the milking parlour is — there? brisket. the milking parlour is now _ there? brisket. the milking parlour is now home - there? brisket. the milking parlour is now home to - there? brisket. the milking parlour is now home to a i parlour is now home to a £20,000 vending machine that sells frozen beef and lamb or produced here on their farm. sells frozen beef and lamb or produced here on theirfarm. i produced here on their farm. i have to do is type the number on the locker, into the keypad and in they will go through the routine of paying either cash or card and once they have paid the locker will unlock and they

can just open the door and help themselves to that item. vending machines are already being used on increasing numbers of farmers to sell fresh milk. this version selling meat is thought to be one of the first.— one of the first. lots of vending _ one of the first. lots of vending machines - one of the first. lots of vending machines are l one of the first. lots of - vending machines are working everywhere, people want something direct from the farm and to know that you are coming to a farm and can see the animals and how well they are looked after i think it's brilliant you can come and get the meat and take it away and say we know where it's come from. ., , , from. the farming industry stee ed from. the farming industry steeped in _ from. the farming industry steeped in tradition - from. the farming industry steeped in tradition is - from. the farming industry i steeped in tradition is moving with the times, a testing joint of beef now available to click and collect. this is the catch up, was hamilton makes a shock move, margot robbie speaks out about barbie and a carnival for dogs.

first, meet the student campaigning for it to b is here for people to get publicly funded wheelchair has had more choice about the type they get. bethany was forced to you student was to buy her own after she was told she didn't meet the criteria for an nhs one. she faced a choice between that will being stuck in her student house, but she is now making a positive change. b, making a positive change. wheelchair is notjust making a positive change. wheelchair is not just a making a positive change. wheelchair is notjust a piece of equipment or an ad, it's an extension of our body. a wheelchair enables us to be independent and access our lives and without the right wheelchair you cannot have a quality—of—life, really. wheelchair you cannot have a quality-of-life, really.- quality-of-life, really. some ofthe quality-of-life, really. some of the stories _ quality-of-life, really. some of the stories now, - quality-of-life, really. some of the stories now, formula | quality-of-life, really. some. of the stories now, formula 1, lewis hamilton will make a shock move from mercedes to ferrari for the 2025 season. you signed a two—year deal is with mercedes last summer, the world champions is leading the team was one of the hardest decisions he's ever had to make. and margot robbie has now spoken about not getting an oscar nomination for best actress for playing barbie. the

bill got eight nominations including best picture and best supporting actor for ryan gosling as can but nothing for her. there's no way to feel sad when you know that she is displaced, so it's all good in the world of margot robbie. and time now to leave you with ten seconds of dogs at a carnival in rio. this is a complete slate looking at it, skirts, sunglasses, the whole lot, having a lovely time making the tells. also can we appreciate that bright pink bowl. i am obsessed. you are all caught up now, see you later.

hello and welcome to sportsday. coming up on the programme — sending shock waves around formula 1, lewis hamilton stands the sport, the seven time champion switching to ferrari after next season. i think we've got a great formula 1 season coming up. we certainly look like have an exciting one in 2025.- exciting one in 2025. late drama for— exciting one in 2025. late drama for manchester - exciting one in 2025. late drama for manchester united, marcus rashford returns with a goal as they be the wolves but only just.

goal as they be the wolves but onlyjust. uncapped 20—year—old only just. uncapped 20—year—old spinner, onlyjust. uncapped 20—year—old spinner, by sheer help england stay in charge of their class, we will look ahead at the second test. welcome along, thank you forjoining us, second test. welcome along, thank you forjoining us, we start with what we call the biggest driver transfer in the history of formula 1. the plot twist that few saw coming, lewis hamilton will leave mercedes at the end of next season and join rivals ferrari from 2025. he started in mclaren back in 2007, the first of his titles a year later, in what was a gamble at the time, he made a big move to mercedes in 2013, replacing the retiree michael schumacher in winning six of

titles there. it could now