What is Meta company

 Meta Platforms, INC.

Meta Platforms, Inc., or Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services. 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. It is considered one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Microsoft. As of 2022, it is the least profitable of the five. Meta's products and services include Facebook, Messenger, Facebook Watch, and Meta Portal. It has also acquired Oculus, Giphy, Mapillary, Customer, and Precise and has a 9.99% stake in Jio Platforms. In 2021, the company generated 97.5% of its revenue from the sale of advertising. 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". According to Meta, the "metaverse" refers to the integrated environment that links all of the company's products and services.

Trade name: Meta 
Formerly: TheFacebook, Inc. (2004) Facebook, Inc. (2005–2021), and Meta Platform(2021-Present)
Type: Public 
Industry: Social media, Social network advertising, Consumer electronics, Virtual reality 
Founded: January 4, 2004; 18 years ago in Cambridge, Massachusetts, U.S. 
Founders:
 Mark Zuckerberg(13.5% share owns)

Eduardo Saverin(2% share owns)

Andrew McCollum(>,<,=1% share owns)

Dustin Moskovitz(2.34% shares on Facebook),

Chris Hughes(1% share owns)



Headquarters:
1 Hacker Way, Menlo Park, California, U.S. 



Area served: Worldwide 

Key people:  
Mark Zuckerberg (chairman and CEO)


 Javier Olivan (COO)

Susan Li (CFO)

Andrew Bosworth (CTO)

Chris Cox (CPO)

 
Products:
Facebook, Instagram, Messenger, WhatsApp, Meta Quest, Horizon Worlds, Mapillary Workplace, Portal, Diem

Number of employees: 76,000 (Nov. 2022) 
Divisions: Reality Labs
Subsidiaries: Novi Financial 

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