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BYD annual sales top $100 billion, 23andMe files for bankruptcy protection

  • China's electric vehicle manufacturer, BYD, reported annual sales topping $100 billion, with revenue rising 29% to Rmb777bn ($107bn) last year.
  • Facebook and Instagram owner, Meta, has agreed to stop targeting a UK citizen with personalized adverts and is considering offering an advert-free version of its platforms.
  • DNA testing firm, 23andMe, has filed for bankruptcy protection and the CEO has resigned, while planning to continue operating during the sale process.
  • Samsung is reportedly close to launching its own XR smart glasses as a lightweight and wearable alternative to bulky mixed-reality headsets.

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