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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Facebook says will shut down facial recognition system

  • Face recognition technology could compromise privacy, target marginalized groups, and normalize intrusive surveillance, according to critics
  • The news also comes as Facebook has been under intense scrutiny from regulators and lawmakers due to its platform abuses and user safety

Citing growing societal concerns about the use of such technologies, Facebook Inc announced on Tuesday it is shutting down its facial recognition system, Reuters reported. 

“Regulators are still in the process of providing a clear set of rules governing its use,” Jerome Pesenti, vice president of artificial intelligence at Facebook, wrote in a blog post, quoted by Reuters. “Amid this ongoing uncertainty, we believe that limiting the use of facial recognition to a narrow set of use cases is appropriate.”

Face recognition technology could compromise privacy, target marginalized groups, and normalize intrusive surveillance, according to critics.

In addition to IBM, Microsoft Corp and Amazon.com Inc have permanently ended sales of facial recognition products to police.

The news also comes as Facebook has been under intense scrutiny from regulators and lawmakers due to its platform abuses and user safety.

Last week, Meta Platforms Inc rebranded itself Meta Platforms Inc. More than one-third of Facebook’s daily active users opted into the face recognition setting on the social media site, and the change will delete the “facial recognition templates” of more than 1 billion people.

A Facebook spokesperson said the removal will be completed by December.