Meta Platforms, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Mark Elliot Zuckerberg
- Full Time Employees
- 75,472
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- 1 Meta Way Menlo Park CA United States of America 94025
- IPO Date
- May 18, 2012
- CIK
- 0001326801
- Website
- meta.com
- Similar Companies
- Business
- Meta Platforms, Inc. Meta Platforms, Inc. (META) operates as a technology company focused on social media, communication services, and emerging technologies including artificial intelligence and the metaverse; it owns and operates leading platforms such as Facebook, which provides social networking, groups, events, marketplace, video streaming, and advertising tools; Instagram, offering photo and video sharing, stories, reels, direct messaging, and advertising; WhatsApp, delivering encrypted cross-platform messaging, voice/video calls, and a business platform for customer service and commerce; Messenger, for messaging and communication; and Threads, a text-based conversation app; additional products and services include Meta Quest virtual reality headsets, Meta Horizon Worlds for virtual experiences, Reality Labs hardware and software for augmented and virtual reality; Shops for commerce; Meta Spark for augmented reality effects; Audience Network for third-party app and website advertising; Meta AI models such as Llama for generative AI; and a comprehensive advertising network leveraging user data for targeted ads across its ecosystem, which generates nearly all revenue. Headquartered at 1 Meta Way in Menlo Park, California, the company was founded in 2004 and maintains global operations across more than 10 countries with offices including major hubs in New York, Austin, and Dublin, serving billions of monthly active users worldwide through its family of apps and technologies. Recent developments include a $14.8 billion investment in June 2025 acquiring a 49% nonvoting stake in Scale AI along with its CEO to bolster AI capabilities and establish a new AI research lab; a $27 billion joint venture announced in November 2025 with Blue Owl Capital for the Hyperion AI data center campus in Louisiana, marking Meta's largest infrastructure project with Meta holding a 20% stake; advanced talks reported in June 2025 to acquire AI voice startup PlayAI for talent and technology; launch of AI models like Movie Gen in October 2024 for video and audio generation; and a federal court ruling in November 2025 defeating a U.S. antitrust challenge to unwind its acquisitions of Instagram and WhatsApp.
Company News
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Meta Bets a Tamagotchi-Style Device Can Sell Personal AI
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Complaints About Meta's ‘Pervert Glasses' Won't Slow Tech's Wearable Gadgets Drive
Amazon Blocked Meta's Shopping Bot, So Zuckerberg Cut A Deal With Amazon's Biggest Rival
News About Muse Drove a 1-Day 11% Jump in Meta Stock. But the AI Agent Could Be Even More Valuable Than the Market Is Giving It Credit For.
Meta Made a Number of AI Announcements Last Night. Here's What Analysts Have to Say About Them
Here's How Meta's Muse Mania Is Spilling into Leveraged ETFs
Mark Zuckerberg says Meta was working on camera-free Ray-Bans before 'pervert glasses' backlash
Mark Zuckerberg unveils Meta's AI future: Agents, glasses & more
Meta Readies Pocket-Sized AI Device for December Launch
Why Meta Platforms Stock Keeps Going Up
Meta stock rises as analysts raise PTs; JPMorgan likens Muse potential to ChatGPT
Meta Just Blew Past Wall Street's $750 Target. Where Does It Go Now?