Meta Platforms, Inc.

Meta Platforms, Inc., formerly known as Facebook, Inc., is a technology company that develops products to enable connections and social sharing around the world through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices. Founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes in 2004, the company has grown rapidly and now has more than 2 billion active users. Its headquarters are located in Menlo Park, California, and it operates two segments: the Family of Apps and Reality Labs.

The Family of Apps segment includes products such as Facebook, Instagram, Messenger, and WhatsApp. Facebook is a platform that allows people to share, discover, and connect with their interests. Instagram is a community for sharing photos, videos, and private messages as well as feed, stories, reels, video, live, and shops. Messenger is a messaging application used to connect with friends, family, groups, and businesses across platforms and devices. WhatsApp is a messaging application used for private communication and transactions.

The Reality Labs segment provides augmented and virtual reality related products, hardware, software, and content that help people stay connected. These products include virtual reality hardware, software, and content that help users experience virtual worlds in the best possible way.

Meta Platforms, Inc. has grown significantly over the years and has acquired numerous companies, including Giphy, CrowdTangle, WhatsApp, Oculus, and Instagram. In 2020, Meta Platforms, Inc. generated more than $25 billion in revenue and had a total market capitalization of nearly $800 billion. The company plans to continue investing in strategic acquisitions and expanding its current product offerings in order to meet the needs of its growing user base.