"Facebook, Inc." redirects here. For the social media, see Facebook.
"Meta (company)" redirects here. For other companies of the same name, see Meta (disambiguation) § Businesses.
Meta Platforms, Inc.
Logo used since 2021
Headquarters in Menlo Park, California
Trade name
Meta
Formerly
TheFacebook, Inc. (2004–2005)
Facebook, Inc. (2005–2021)
Company type
Public
Traded as
Nasdaq: META (Class A)
Nasdaq-100 component
S&P 100 component
S&P 500 component
Industry
Social media
Social network advertising
Consumer electronics
Virtual reality
Founded
January 4, 2004; 20 years ago (2004-01-04) in Cambridge, Massachusetts, U.S.
Founders
Mark Zuckerberg
Eduardo Saverin
Andrew McCollum
Dustin Moskovitz
Chris Hughes
Headquarters
Menlo Park, California
,
U.S.
Area served
Worldwide
Key people
Mark Zuckerberg (Chairman and CEO)
Javier Olivan (COO)
Susan Li (CFO)
Andrew Bosworth (CTO)
Chris Cox (CPO)
Products
Facebook
Instagram
Messenger
Threads
WhatsApp
Meta Quest
Horizon Worlds
Ray-Ban Stories
Mapillary
Workplace
Portal (discontinued)
Diem (sold)
Revenue
US$134.9billion (2023)
Operating income
US$46.75billion (2023)
Net income
US$39.10billion (2023)
Total assets
US$229.6billion (2023)
Total equity
US$153.2billion (2023)
Owner
Mark Zuckerberg (13.68% equity; 61.2% voting)[1]
Number of employees
67,317 (2023)
Divisions
Reality Labs
Subsidiaries
Novi Financial
ASN
32934
Website
about.meta.com
Footnotes / references [2][3][4][5][6][7][8][9]
Meta Platforms, Inc.,[10] doing business as Meta,[11] and formerly named Facebook, Inc., and TheFacebook, Inc.,[12][13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services.[14] Meta ranks among the largest American information technology companies, alongside other Big Five corporations Alphabet (Google), Amazon, Apple, and Microsoft. The company was ranked #31 on the Forbes Global 2000 ranking in 2023.[15]
Meta has also acquired Oculus (which it has integrated into Reality Labs), Mapillary, CTRL-Labs, and a 9.99% stake in Jio Platforms; the company additionally endeavored into non-VR hardware, such as the discontinued Meta Portal smart displays line and presently partners with Luxottica through the Ray-Ban Stories series of smartglasses.[16][17] Despite endeavors into hardware, the company relies on advertising for a vast majority of its revenue, amounting to 97.8 percent in 2023.[18]
Parent company Facebook, Inc. rebranded as Meta Platforms, Inc. on October 28, 2021, to "reflect its focus on building the metaverse",[19] an integrated environment linking the company's products and services.[20][21][22]
^"Inline XBRL Viewer". Archived from the original on February 6, 2024. Retrieved February 6, 2024.
^"Chris Cox is returning to Facebook as chief product officer". The Verge. June 11, 2020. Archived from the original on October 5, 2021. Retrieved June 11, 2020.
^"Facebook is getting more serious about becoming your go-to for mobile payments". The Verge. August 11, 2020. Archived from the original on October 5, 2021. Retrieved August 11, 2020.
^"Our History". Facebook. Archived from the original on November 15, 2015. Retrieved November 7, 2018.
^Shaban, Hamza (January 20, 2019). "Digital advertising to surpass print and TV for the first time, report says". The Washington Post. Archived from the original on February 9, 2021. Retrieved June 2, 2019.
^"Stats". Facebook. June 30, 2019. Archived from the original on November 15, 2015. Retrieved July 25, 2019.
^"Facebook – Financials". investor.fb.com. Archived from the original on December 14, 2021. Retrieved January 30, 2020.
^"Meta Platforms, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 2, 2024. Archived from the original on February 3, 2024. Retrieved February 3, 2024.
^Saul, Derek (February 1, 2024). "Meta Earnings: Zuckerberg's 'Year Of Efficiency' Nets Greatest Profits Ever". Forbes. Archived from the original on February 5, 2024. Retrieved February 5, 2024.
^Meta Platforms, Inc. (October 28, 2021). "Current Report (8-K)". Securities and Exchange Commission. Archived from the original on October 29, 2021. Retrieved October 29, 2021.
^Rana, S. S.; Kalra, Co-Arpit; Sinha, Shilpi (March 17, 2022). "Facebook - Brand Rights Protection". Lexology. Archived from the original on July 14, 2023. Retrieved July 14, 2023.
^"Facebook Inc. Certificate of Incorporation" (PDF). September 1, 2020. Archived (PDF) from the original on September 23, 2021. Retrieved October 28, 2021. File Number 3835815
^Madrigal, Alexis C. (January 31, 2012). "Facebook's Very First SEC Filing". The Atlantic. Washington, D.C. Archived from the original on November 17, 2021. Retrieved November 3, 2021.
^"Facebook Reports Second Quarter 2021 Results". investor.fb.com. Archived from the original on August 12, 2021. Retrieved August 12, 2021.
^"The Global 2000 2023". Forbes. Archived from the original on January 29, 2024. Retrieved February 7, 2024.
^"Facebook Invests $5.7 Billion in Indian Internet Giant Jio". The New York Times. April 22, 2020. Archived from the original on February 9, 2021. Retrieved April 22, 2020.
^Heath, Alex (March 1, 2023). "This is Meta's AR / VR hardware roadmap for the next four years". The Verge. Archived from the original on July 5, 2023. Retrieved July 6, 2023.
^"Meta Reports Fourth Quarter and Full Year 2023 Results; Initiates Quarterly Dividend". Facebook Investor Relations. February 1, 2024. Archived from the original on February 2, 2024. Retrieved February 2, 2024.
^Heath, Alex (October 19, 2021). "Facebook is planning to rebrand the company with a new name". The Verge. Archived from the original on October 20, 2021. Retrieved October 20, 2021.
^"The Facebook Company Is Now Meta". Meta. October 28, 2021. Archived from the original on December 24, 2021. Retrieved March 28, 2022.
^Dwoskin, Elizabeth (October 28, 2021). "Facebook is changing its name to Meta as it focuses on the virtual world". The Washington Post. Archived from the original on October 28, 2021. Retrieved October 28, 2021.
^"Facebook announces name change to Meta in rebranding effort". The Guardian. October 28, 2021. Archived from the original on October 28, 2021. Retrieved October 29, 2021.
MetaPlatforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate...
Block MetaPlatforms From Acquiring Within Unlimited". Wall Street Journal. Retrieved September 8, 2022. Feiner, Lauren (February 1, 2023). "Meta acquisition...
Meta AI is an artificial intelligence laboratory owned by MetaPlatforms Inc. (formerly known as Facebook, Inc.). Meta AI develops various forms of artificial...
Meta Horizon OS is an extended reality operating system for the Meta Quest line of devices released by MetaPlatforms. Initially developed for the embedded...
in Greek) MetaPlatforms, an American multinational technology conglomerate (formerly Facebook, Inc.) Meta or META may also refer to: Meta (academic company)...
MetaPlatforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed...
Meta Quest 3 is a virtual reality (VR) headset developed by Reality Labs, a division of MetaPlatforms. It was unveiled on June 1, 2023, and released on...
their platforms. MetaPlatforms has also faced user safety criticism regarding Horizon Worlds due to sexual harassment occurring on the platform. In 2021...
Spanish-American business executive who has been chief operating officer of MetaPlatforms since 2022, having succeeded Sheryl Sandberg. Oliván was born in 1977...
Reality Labs, originally Oculus VR, is a business and research unit of MetaPlatforms (formerly Facebook Inc.) that produces virtual reality (VR) and augmented...
announced that Giphy had agreed to be acquired by Facebook Inc. (now MetaPlatforms), with a reported purchase price of $400 million. Facebook services...
Meta Hacker Cup (formerly known as Facebook Hacker Cup) is an annual international programming competition hosted and administered by MetaPlatforms. The...
This is a list of social platforms with at least 100 million monthly active users. The list includes social networks, as well as online forums, photo...
Jedi Blue is an agreement between Alphabet and MetaPlatforms that allegedly gave Facebook an illegal advantage in Google's ad auctions in exchange for...
like this: <meta property="og:title" content="Example title of article"> <meta property="og:site_name" content="example.com website"> <meta property="og:type"...
of MetaPlatforms. It was unveiled on September 16, 2020, and released on October 13, 2020 as the Oculus Quest 2. It was then rebranded as the Meta Quest...
pediatrician. She and her husband, Mark Zuckerberg, a co-founder and CEO of MetaPlatforms, established the Chan Zuckerberg Initiative in December 2015, with a...
Instagram is a photo and video sharing social networking service owned by MetaPlatforms. It allows users to upload media that can be edited with filters, be...
Facebook F8 is a mostly-annual conference held by MetaPlatforms (formerly Facebook) since 2007, intended for developers and entrepreneurs who build products...
involved multimillion-dollar payments. In May 2022, Immersion sued MetaPlatforms for patent infringement relating to the use of vibration functions in...
Meta Horizon Worlds is an online virtual reality game with an integrated game creation system developed and published by MetaPlatforms. On this multi-player...
Meta Portal (also known as Portal) is a discontinued brand of smart displays and videophones released in 2018 by Meta. The product line consists of four...
in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to MetaPlatforms. The bank operates in several segments within the banking...
2022, Gerstner on behalf of Altimeter Capital wrote an open letter to MetaPlatforms and its CEO, Mark Zuckerberg. In the letter, Gerstner criticized the...
Facebook, along with his Harvard roommates in 2004, and its parent company MetaPlatforms (formerly Facebook, Inc.), of which he is chairman, chief executive...
Global Information
US$134.9 billion (2023)