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Company Information

Headquarters Menlo Park, California, USA
Industry Social MediaTechnologyVirtual RealityMetaverse
Stock Symbol META

Business Metrics

Employees 69000
Revenue 134000000000
Market Cap 1200000000000

About Meta

Meta Platforms, Inc., formerly known as Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, WhatsApp, and Reality Labs, and is a leader in social media, virtual reality, and the metaverse.

Meta Platforms: Connecting the World and Building the Metaverse

Meta Platforms, Inc., formerly known as Facebook, Inc., is an American multinational technology conglomerate that is a global leader in social media, virtual reality, and the emerging metaverse. Founded by Mark Zuckerberg and his college roommates in 2004, the company has evolved from a social networking site to a diversified technology giant with a vision to build the next generation of digital experiences.

Evolution from Facebook to Meta

Initially launched as “TheFacebook” at Harvard University, the platform quickly expanded, becoming a dominant force in social networking. Over the years, the company acquired key platforms like Instagram and WhatsApp, further solidifying its position in the social media landscape. In 2021, the company rebranded to Meta Platforms, Inc., signaling its strategic shift and long-term commitment to developing the metaverse.

Core Products and Services

Meta’s portfolio of products and services connects billions of people worldwide:

  • Facebook: The flagship social networking platform.
  • Instagram: A popular photo and video sharing social networking service.
  • WhatsApp and Messenger: Leading messaging applications.
  • Reality Labs: The division focused on building virtual and augmented reality hardware and software, including the Meta Quest VR headsets.

The Metaverse Vision

Meta’s most ambitious undertaking is the development of the metaverse, a persistent, interconnected virtual world where users can interact with each other, digital objects, and AI-powered avatars. This vision involves creating immersive experiences for work, play, education, and social connection, blurring the lines between the physical and digital realms.

Innovation and Technology

Meta invests heavily in research and development, particularly in areas like artificial intelligence, virtual reality, and augmented reality. Its innovations aim to enhance user experiences, improve content moderation, and build the foundational technologies for the metaverse.

Leadership and Impact

Under the continued leadership of Mark Zuckerberg, Meta has navigated rapid technological changes and societal shifts. The company’s platforms have had a profound impact on global communication, commerce, and culture. As Meta embarks on its metaverse journey, it aims to shape the future of digital interaction and create new opportunities for connection and creativity.

Global Presence

United States

North America

Leadership