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Meta Platforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook , Instagram , Threads , and WhatsApp , among other products and services. [14]
Facebook enables users to control access to individual posts and their profile [320] through privacy settings. [321] The user's name and profile picture (if applicable) are public. Facebook's revenue depends on targeted advertising, which involves analyzing user data to decide which ads to show each user.
Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of ...
But its shares dropped sharply in after-hours trading following lukewarm revenue guidance. Meta Platforms Inc. earned $12.37 billion, or $4.71 per share, in the January-March period. That's up ...
Meta, parent company of Facebook and Instagram, rolled out its latest AI upgrade in a version called Llama 3. Social media users may have noticed a message at the top of their screens prompting ...
Facebook was then opened on September 26, 2006, to everyone aged 13 and older with a valid email address. [7] [8] Late in 2007, Facebook had 100,000 business pages, allowing companies to attract potential customers and tell about themselves.
Occupation. Business executive. Known for. COO of Meta Platforms. Board member of. Endeavor Global. Children. 2. Javier Oliván López [1] (born 1977) is a Spanish-American business executive who has been chief operating officer of Meta Platforms since 2022, having succeeded Sheryl Sandberg.
Meta has also made investments in LuckyCal and Wildfire Interactive. Most of Meta's acquisitions have primarily been "talent acquisitions" and acquired products are often shut-down. In 2009, Meta (as Facebook) CEO Mark Zuckerberg posted a question on Quora, titled "What startups would be good acquisitions for Facebook?", receiving 79 answers.
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