Meta Platforms, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Mark Elliot Zuckerberg
- Full Time Employees
- 78,865
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- 1 Meta Way Menlo Park CA United States 94025
- IPO Date
- May 17, 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 $27 billion joint venture announced in November 2025 with Blue Owl Capital for the Hyperion AI data center campus in Louisiana, marking Meta's largest infrastructure project with Meta holding a 20% stake; advanced talks reported in June 2025 to acquire AI voice startup PlayAI for talent and technology; launch of AI models like Movie Gen in October 2024 for video and audio generation; and a federal court ruling in November 2025 defeating a U.S. antitrust challenge to unwind its acquisitions of Instagram and WhatsApp.
Company News
Ca$htag$: RDDT Ads, User Base Slows; META & GOOGL Become Stronger Headwinds
UK probes Meta over 'exploitative' new terms for media
Meta settles with teen over claims social media caused depression, eating disorders
Meta settles with teen during trial testing claims social media caused depression, eating disorders
Meta's Muse Is a Breakout Success. But There's 1 Glaring Problem With It.
Reddit Plunges 25% as Search Traffic Slump and Soft Outlook Overshadow Earnings Beat; Snap Falls 5%, Pinterest Drops 4%, Meta Dips
Amazon Slides 7% as Earnings Miss and AI Spending Turn Free Cash Flow Negative; Meta Falls 2%, Alphabet Dips, Walmart Gains 2%
Meta, TikTok and X lose hearing against UK watchdog over moderation data demands
Top ETF Stories of October
Make Meta Marvelous With This Income ETF
Meta Faces U.K. Antitrust Probe Over Publisher Content Use
Musk and Zuckerberg echo Trump's push to rebrand AI as 'super intelligence' on earnings calls. Others did not
Why Meta and Alphabet Don't Care That Q3 Earnings Paints Them as Laggards
Should You Buy or Sell Meta Stock After Its $95 Billion Bombshell Announcement?
Massive News for Meta Stock Investors
Meta quietly launches an AI fashion app called Style Sketch
Meta super PAC pours $1M into Xavier Becerra's Calif. governor campaign: ‘Straight out of the Zuckerberg playbook'
Market Brief: Google Cloud Doubled - Why Did Alphabet Stock Fall 10%?
Reddit Slides 5% Before Earnings as U.S. User Growth Worries Mount; Snap Sinks 4%, Pinterest Drops 2%, Meta Climbs 3%
Meta took down its ad touting Muse's ability to 'see who unfollowed you' on Instagram.