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Meta Reviews

Menlo Park, California

—/ 5

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Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc., is an American multinational technology conglomerate headquartered in Menlo Park, California. Founded on February 4, 2004, by Mark Zuckerberg alongside his Harvard University roommates Dustin Moskovitz, Chris Hughes, and Eduardo Saverin, the company has grown from a college networking website into the world’s reigning powerhouse of social media and a central pillar of global digital communication. Today, Meta is recognized as one of the "Big Tech" enterprises alongside Alphabet, Amazon, Apple, Microsoft, and Nvidia. The core of Meta’s operations revolves around its "Family of Apps" (FoA) segment, which boasts close to 4 billion monthly active users worldwide. This segment includes some of the most prominent digital platforms globally: Facebook, its flagship social media network; Instagram, a leading photo and video sharing service; WhatsApp and Messenger, major global communication and messaging applications; and Threads, a text-based conversation platform. Meta’s primary business model relies heavily on monetization via digital advertising, leveraging extensive user engagement and customer data analytics across its ecosystem to sell targeted spaces to digital advertisers. Historically, advertising revenue has accounted for over 97% of the company's total corporate revenue. In October 2021, the company underwent a high-profile corporate rebranding, changing its name from Facebook to Meta Platforms to reflect an ambitious, long-term strategic shift toward building the "metaverse"—an interconnected three-dimensional virtual and augmented reality ecosystem designed to allow people to interact seamlessly in real-time regardless of physical location. This initiative is managed through its "Reality Labs" (RL) segment, which develops consumer hardware, software, and immersive content, including the Meta Quest virtual reality headsets and Ray-Ban Meta smart glasses. Concurrently, the company has heavily pivoted toward advanced artificial intelligence infrastructure. By the mid-2020s, Meta committed hundreds of billions of dollars to AI infrastructure and data center scaling, integrating generative AI tools, creative expressive applications, and specialized AI models across its product offerings. The company also engages in high-impact regional collaborations, such as partnering with major international conglomerates like Reliance to establish localized AI-enabled data centers in rapidly digitalizing markets like India. Led by Founder and Chief Executive Officer Mark Zuckerberg, Meta is publicly traded on the NASDAQ under the ticker symbol META. Financially, the company maintains unparalleled market scale, reporting trailing 12-month consolidated revenues in excess of USD 214 billion, solid operating margins above 41%, and a total market capitalization tracking well over USD 1.4 trillion, making it one of the largest corporate entities by market valuation globally.