a ao year old man handed himself into police in bournemouth. now on bbc news, all the latest business news live from singapore. facebook‘s revenues beat expectations. now the social media giant is promising to tackle violent content. and find out why this young entrepreneur says rick first is the best and the worst time of his day says it first. good morning. glad you could join us for this thursday edition of asia business report. the social media giant facebook reported an $8 billion in quarterly revenues, fuelled by strong growth in its mobile advertising business. it says 1.94 mobile advertising business. it says 1.91; billion people are now using facebook and that s up 17% from one year ago. facebook has given us a taste of what it might do with some of its earnings. the company promised to hire 3000 new people to monitor and remove violent content. earlier i spoke to our north america technology correspondent and asked what facebook hopes to gain from this move. on
now on bbc news, all the latest business news live from singapore. a strong earnings results for way bow. will we see similar numbers for tencent? tencent?. good morning, asia. glad you could join us for this midweek edition of asia business report. chinese social media giant weibo has reported reve nu es of media giant weibo has reported revenues of just media giant weibo has reported revenues ofjust under $200 million, an increase of 67% compared the year ago levels. profits are coming in at about $47 million us. the company claims 347 million monthly active users, an increase of 30% over the past year. another tech giant in china, tencent, is tipped to report encouraging numbers today. but with a saturated market, what are the other avenues for growth? certainly they need to start looking outside of the chinese market. there s still a lot of growth in chinese market, for example tencent are actively looking outside, looking at notjust china but around hong kong and sing
google parent, out of ode, gives its forecast. alphabet. hideo kojima ta kes forecast. alphabet. hideo kojima takes us on a tour of his studio. good morning, asia. hello, world. i m rico hizon. thank you for investing your time with another asia business report. it s a friday. we start with google‘s efforts to diversify away from its main search engine business. it is beginning to pay off. alphabet said profits rose by 8% to over $5 billion. it was lower than we expected. i asked our reporter how the core business, google, has been performing. google is about how many ads can be put among the search results. 36% more people are clicking on the advertisements than last year. that isa advertisements than last year. that is a good sign. more people clicking on them. but as the company continues to move over to the mobile world as opposed to the desktop search engine, it is finding advertisers are willing to pay less for those advertisements. that is happening more. the a