About the Company
Meta Platforms, Inc. is an American multinational technology company headquartered in Menlo Park, California. Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, Threads, Messenger and WhatsApp. The company also operates an advertising network for its own sites and third parties; as of 2023, advertising accounted for 97.8 percent of its total revenue. The company was originally established in 2004 as TheFacebook, Inc., and was renamed Facebook, Inc. in 2005. In 2021, it rebranded as Meta Platforms, Inc. to reflect a strategic shift toward developing the metaverse—an interconnected digital ecosystem spanning virtual and augmented reality technologies. Meta is considered one of the Big Five American technology companies, alongside Alphabet (Google), Amazon, Apple, and Microsoft. In 2023, it was ranked 31st on the Forbes Global 2000 list of the world's largest public companies. As of 2022, it was the world's third-largest spender on research and development, with R&D expenses totaling US$35.3 billion.
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Latest News on Meta Platforms, Inc.
As Meta Faces AI Scrutiny, Mounting Regulatory Risk Overshadows Strong Earnings And Pushes Stock Lower
Meta Platforms shares are trading lower Monday afternoon. The company is navigating a series of headwinds related to its ...
Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
Meta Platforms (META) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Meta fends off trademark lawsuit from tech staffing company Metabyte
Meta Platforms has convinced a federal judge in California to dismiss a lawsuit claiming its name infringes a trademark belonging to staffing and tech-services company Metabyte.
U.S. Senators Demand Investigation Into Meta (META) Over Child Safety and AI Policies
Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Making Headlines This Week. On August 14, two Republican U.S. senators called for a congressional investigation into Meta Platforms after an ...
Meta Looks Strong Now, But Long-Term Growth May Hit a Ceiling
Meta remains a solid business, but growth limitations and an elevated valuation make the stock less compelling despite its ...
Meta’s superintelligence dream team will be management challenge of the century
Meta Platforms Inc. is spending a fortune to assemble the brightest minds in artificial intelligence. Chief Executive Officer ...
Meta to tighten AI guidelines after backlash
Meta Platforms internal document outlining protocols on virtual chat assistant responses has allowed the company’s AI ...
Aspire.io, Meta Partner to Launch CreatorAds Suite for Marketers
The new CreatorAds Suite is designed to help performance marketers address challenges such as rising ad costs and shrinking ...
Meta Just Paid $250M To Lure This 24-year-old AI Whiz Kid: A Strategic Move Or A Power Play?
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI prodigy, Matt Deitke. What Happened: Deitke, a former doctoral student at ...
Meta’s growth strikes Wall Street as incomprehensibly strong, and the stock rockets
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, “there’s no telling what the ceiling is for Meta,” Bernstein analysts said.
Cohere raises US$500-million, hires former Meta AI expert Joelle Pineau
Cohere Inc. has raised US$500-million and hired a key executive from Meta Platforms Inc. DRR-U-T +0.66% as it seeks to ...
If You Invested $10K In Meta Platforms Stock 10 Years Ago, How Much Would You Have Now?
Meta Platforms Inc. (NASDAQ:META) owns and operates several prominent social media platforms and communication services, ...
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