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Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] 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]
v. t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly ...
After the IPO, Zuckerberg was to retain a 22% ownership share in Facebook and was to own 57% of the voting shares. The document also stated that the company was seeking to raise US$ 5 billion, which would make it one of the largest IPOs in tech history and the biggest in Internet history. The roadshow faced a "rough start" initially.
In November 2021, Facebook changed its name to Meta Platforms, Inc. The company owns Instagram, ... Zuckerberg sold nearly $428 million worth of Meta Platforms, Inc. shares at the end of 2023, ...
Shares of Meta Platforms climbed more than 3.5% Thursday, coming after longtime COO Sheryl Sandberg — one of the most powerful women execs in the tech industry — announced she was stepping ...
May 12, 2024 at 8:35 AM. Meta Platforms(NASDAQ: META) has made for a terrific investment since its initial public offering in 2012 as Facebook. From when shares first started trading to May 7 this ...
Facebook provides a development platform for many social gaming, communication, feedback, review, and other applications related to online activities. This platform spawned many businesses and added thousands of jobs to the global economy. Zynga Inc., a leader in social gaming, is an example of such a business.
Meta Stock: Shares have surged as Facebook's parent company, co-founded by Mark Zuckerberg, announced its first ever dividend. Credit - Pavlo Gonchar/SOPA Images/LightRocket—Getty Images
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