Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to be with you on this Tuesday, the 27th of January. I'm Julie Morgan.

Meta Platform's plans to offer new subscription models across its apps, including Instagram,

Facebook, and WhatsApp.

Reports say the subscriptions are expected to unlock more productivity and creativity by giving

paid users access to more features and expanded AI capabilities. Meta's recently acquired

suite of general AI agents under Manus will also be skilled as part of the

subscription plans. The subscriptions will be separate from Meta verified, a paid product rolled out

by the company in 2023, that gives content creators and businesses a verified badge, 24-7 direct

support, protection against impersonation, and more.

Meta told TechCrunch that it plans to listen to its user community and gather feedback

as it rolls out subscriptions in the coming months.

President Trump is boosting tariffs on South Korea.

He said on a post on Truth Social that because the Korean legislature has not enacted their

historic trade agreement, which is their prerogative, he is increasing South Korean

tariffs on autos, lumber, pharma, and all other reciprocal tariffs from 15% to 25%. Asia stock markets rose on Tuesday, shaking off the news.

And a couple of Chapter 11 filings to tell you about. Twin Hospitality Group, the parent of

Twin Peaks and Smoky Bones, filed voluntary Chapter 11. The company expects the restaurants to remain open during the

process. Fat Brands has also filed bankruptcy. Fat Brands portfolio of 18 restaurant concepts

includes Fat Burger, Johnny Rockets, and Roundtable Pizza, among others. The restaurants are expected

to remain operating as usual. Fat Brands acquired Twin

Peaks in 2021. There was a spinoff just shy of a year ago when Twin Hospitality went public on

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