American multinational technology corporation
Meta Platforms, Inc. ,[14] [15] doing business as Meta [16] and formerly named Facebook, Inc. , and TheFacebook, Inc. ,[17] is an American multinational technology conglomerate based in Menlo Park, California . The company owns Facebook , Instagram , and WhatsApp , among other products and services.[18] Meta was once one of the world's most valuable companies , but as of 2022 is not one of the top twenty biggest companies in the United States.[19] It is considered one of the Big Five American information technology companies, alongside Alphabet (Google ), Amazon , Apple , and Microsoft . As of 2022, it is the least profitable of the five.[19]
Meta's products and services include Facebook, Messenger , Facebook Watch , and Meta Portal . It has also acquired Oculus , Giphy , Mapillary , Kustomer, Presize[20] and has a 9.99% stake in Jio Platforms .[21] In 2021, the company generated 97.5% of its revenue from the sale of advertising .[22]
In October 2021, the parent company of Facebook changed its name from Facebook, Inc., to Meta Platforms, Inc., to "reflect its focus on building the metaverse ".[23] According to Meta, the "metaverse" refers to the integrated environment that links all of the company's products and services.[24] [25] [26]
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^ Zuckerberg, Mark (October 1, 2010). "Eleventh Amended and Restated Certificate of Incorporation of Facebook, Inc" . Washington, D.C.: U.S. Securities and Exchange Commission . Archived from the original on May 6, 2021. Retrieved November 3, 2021 .
^ a b c d e "Meta Platforms, Inc. Fourth Quarter and Full Year 2021 Results Report" (PDF) . s21.q4cdn.com . December 31, 2021. Archived (PDF) from the original on February 3, 2022. Retrieved February 3, 2022 .
^ "Meta announces huge job cuts affecting 11,000 employees" . The Verge . November 9, 2022. Retrieved November 9, 2022 .
^ "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 .
^ "FB Income Statement" . NASDAQ.com . Archived from the original on August 22, 2019. Retrieved November 24, 2019 .
^ "FB Balance Sheet" . NASDAQ.com . Archived from the original on May 12, 2019. Retrieved November 24, 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 .
^ "Facebook Reports First Quarter 2022 Results" . Facebook Investor Relations . March 31, 2022. Retrieved April 27, 2022 .
^ "Delaware Corporate Entity Search" . Archived from the original on September 21, 2015. Retrieved October 28, 2021 . (file no. 3835815)
^ 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 .
^ Haq, Sana Noor (October 30, 2021). "Hebrew speakers mock Facebook's corporate rebrand to Meta" . CNN . Archived from the original on October 30, 2021. Retrieved October 30, 2021 .
^ "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
^ "Facebook Reports Second Quarter 2021 Results" . investor.fb.com . Archived from the original on August 12, 2021. Retrieved August 12, 2021 .
^ a b Levy, Ari. "Facebook used to be a Big Tech giant — now Meta isn't even in the top 20 most valuable U.S. companies" . CNBC . Retrieved November 21, 2022 .
^ Hüfner, Daniel (April 13, 2022). "Facebook kauft "Höhle der Löwen"-Startup Presize" . Business Insider (in German). Retrieved April 13, 2022 .
^ "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 .
^ Meta Platforms, Inc. (February 2, 2022). "Meta Reports Fourth Quarter and Full Year 2021 Results" (PDF) . Meta Investor Relations . Archived (PDF) from the original on February 3, 2022. Retrieved March 8, 2022 .
^ 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. 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 .