Latest news with #JustinTALLIS
Yahoo
07-05-2025
- Politics
- Yahoo
Meta blocks access to Muslim news page in India
A Muslim news page was banned on Instagram in India following the worst violence between nuclear-armed India and Pakistan in two decades (Justin TALLIS) (Justin TALLIS/AFP/AFP) Meta has banned a prominent Muslim news page on Instagram in India at the government's request, the account's founder said Wednesday, denouncing the move as "censorship" as hostilities escalate between India and Pakistan. Instagram users in India trying to access posts from the handle @Muslim -- a page with 6.7 million followers -- were met with a message stating: "Account not available in India. This is because we complied with a legal request to restrict this content." There was no immediate reaction from the Indian government on the ban, which comes after access was blocked to the social media accounts of Pakistani actors and cricketers. "I received hundreds of messages, emails and comments from our followers in India, that they cannot access our account," Ameer Al-Khatahtbeh, the news account's founder and editor-in-chief, said in a statement. ADVERTISEMENT "Meta has blocked the @Muslim account by legal request of the Indian government. This is censorship." Meta declined to comment. A spokesman for the tech giant directed AFP to a company webpage outlining its policy for restricting content when governments believe material on its platforms goes "against local law." The development, first reported by the US tech journalist Taylor Lorenz' outlet User Magazine, comes in the wake of the worst violence between nuclear-armed India and Pakistan in two decades. Both countries have exchanged heavy artillery fire along their contested frontier, after New Delhi launched deadly missile strikes on its arch-rival. At least 43 deaths were reported in the fighting, which came two weeks after New Delhi blamed Islamabad for backing a deadly attack on tourists in the Indian-run side of the disputed Muslim-majority region of Kashmir. ADVERTISEMENT Pakistan rejects the charge and has warned it will "avenge" those killed by Indian air strikes. The @Muslim account is among the most followed Muslim news sources on Instagram. Khatahtbeh apologized to followers in India, adding: "When platforms and countries try to silence media, it tells us that we are doing our job in holding those in power accountable." "We will continue to document the truth and stand out firmly for justice," he added, while calling on Meta to reinstate the account in India. India has also banned more than a dozen Pakistani YouTube channels for allegedly spreading "provocative" content, including Pakistani news outlets. In recent days, access to the Instagram account of Pakistan's former prime minister and cricket captain Imran Khan has also been blocked in India. ADVERTISEMENT Pakistani Bollywood movie regulars Fawad Khan and Atif Aslam were also off limits in India, as well as a wide range of cricketers -- including star batters Babar Azam and Mohammad Rizwan and retired players Shahid Afridi and Wasim Akram. Rising hostilities between the South Asian neighbors have also unleashed an avalanche of online misinformation, with social media users circulating everything from deepfake videos to outdated images from unrelated conflicts, falsely linking them to the Indian strikes. On Wednesday, US President Donald Trump called for India and Pakistan to immediately halt their fighting, and offered to help end the violence. bur-ac/sla
Forbes
24-04-2025
- Business
- Forbes
What's Going On With META Stock?
An illustration photograph taken on April 17, shows the Facebook app available to download from the ... More App Store displayed on a phone screen, in a residential property in Guildford, south of London. (Photo by Justin TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images) Meta Platforms' stock has declined approximately 13% this year, facing headwinds from potential tariff impacts that could affect the company in two significant ways: Despite this year's setback, Meta has demonstrated remarkable resilience over a longer timeframe, with the stock gaining 56% since early 2022, substantially outperforming the broader Nasdaq index's modest 7% increase. This outperformance can be attributed to several key factors: Meta Platforms has delivered impressive revenue growth of 39%, increasing from $118 billion in 2021 to $165 billion in the trailing twelve months. This robust performance stems from multiple growth drivers: Meta's profitability metrics show substantial improvement, with the net income margin expanding from 33.4% in 2021 to 37.9% currently. This enhanced profitability is complemented by a strategic 9% reduction in shares outstanding, made possible by the company's substantial $122 billion investment in share repurchases. The combination of higher revenues, expanded margins, and fewer outstanding shares has resulted in a 73% increase in earnings per share, rising from $13.77 in 2021 to $23.86 in the most recent period. Despite Meta's impressive financial performance across revenue growth, margin expansion, and earnings improvement, its P/E ratio has declined by 10%. This valuation compression can be attributed to several factors: Given these uncertainties, investors should ask themselves critical questions: Do you want to hold on to your META stock now? Will you panic and sell if it starts dropping further? Holding on to a falling stock is never easy. While META remains fundamentally strong with impressive growth and improving profitability, investors seeking to preserve wealth in volatile markets might consider alternative strategies. Trefis works with Empirical Asset Management—a Boston area wealth manager—whose asset allocation strategies yielded positive returns even during the 2008-09 period when the S&P lost more than 40%. Empirical has incorporated the Trefis HQ Portfolio in this asset allocation framework to provide clients better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics..
