SAN FRANCISCO: Facebook parent Meta on Wednesday reported better profit than expected in the recently ended quarter, calming investors worried about the toll that competitor TikTok and eased pandemic restrictions might take on the company.
Meta said it made a profit of $7.5 billion on revenue of $27.9 billion in the first three months of this year, sending shares up more than 12 percent in after-market trading that followed release of the earnings figures.
“We made progress this quarter across a number of key company priorities and we remain confident in the long term opportunities and growth that our product roadmap will unlock,” said Meta chief Mark Zuckerberg.
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Facebook parent Meta calms investors with strong profit
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Facebook parent Meta calms investors with strong profit
- Meta said it made a profit of $7.5 billion on revenue of $27.9 billion in the first three months of this year
RT Arabic to launch new TV program marking 100 years of Russia-Saudi relations
- The program will broadcast twice a month starting next month
RIYADH: Russian news network, RT Arabic, is set to launch a new analytical program, “Studio Riyadh,” from the capital next month as part of celebrations marking 100 years of diplomatic relations between Moscow and Saudi Arabia.
The program will be hosted by veteran Saudi journalist Mohammed Al-Rashed and broadcast twice a month, starting February 2026. It will provide in-depth analysis of regional and international developments, featuring prominent political and media figures.
Maya Manna, head of RT Arabic, said that the launch aligned with commemorations of the historic ties between the two countries and reflected a growing commitment to media cooperation.
“Studio Riyadh” will join RT Arabic’s lineup of international programs broadcast from major capitals including Beirut, Cairo, Washington and Paris.
Each 26-minute episode will air on Tuesdays at 7 p.m. and feature a focused dialogue on a pressing current affairs topic.
Al-Rashed, a seasoned presenter and correspondent with more than 20 years of experience, is expected to bring deep regional insight and journalistic rigor to the program.
RT Arabic, which was the first Russian news channel to broadcast 24/7 in Arabic, has grown into one of the region’s leading platforms for political analysis. It currently reaches an estimated audience of 400 million viewers and operates a broad network of regional bureaus.
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