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<span id="openzim-page-title" class="mw-page-title-main"><span class="mw-page-title-main">Meta Platforms</span></span>
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</style><div role="note" class="hatnote navigation-not-searchable">"Facebook, Inc." redirects here. For the social media service, see <a href="Facebook" title="Facebook">Facebook</a>.</div>
<div role="note" class="hatnote navigation-not-searchable">"Meta (company)" redirects here. For other companies of the same name, see <a href="Meta_(disambiguation)" class="mw-redirect mw-disambig" title="Meta (disambiguation)">Meta (disambiguation) § Businesses</a>.</div>
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</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">Meta Platforms, Inc.</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><div class="infobox-caption">Headquarters in <a href="Menlo_Park%2C_California" title="Menlo Park, California">Menlo Park, California</a></div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Trade_name" title="Trade name">Trade name</a></div></th><td class="infobox-data">Meta</td></tr><tr><th scope="row" class="infobox-label">Formerly</th><td class="infobox-data nickname"><style data-mw-deduplicate="TemplateStyles:r1126788409">
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<ul><li>TheFacebook, Inc. (2004–2005)</li>
<li>Facebook, Inc. (2005–2021)</li></ul>
</div></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><div class="plainlist"><ul><li><a href="Nasdaq" title="Nasdaq">Nasdaq</a>: <a rel="nofollow" class="external text" href="https://www.nasdaq.com/market-activity/stocks/meta">META</a> (Class A)</li><li><a href="Nasdaq-100" title="Nasdaq-100">Nasdaq-100</a> component</li><li><a href="S%26P_100" title="S&P 100">S&P 100</a> component</li><li><a href="S%26P_500" title="S&P 500">S&P 500</a> component</li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><div class="plainlist"><ul><li><a href="Social_media" title="Social media">Social media</a></li><li><a href="Advertising_industry" title="Advertising industry">Advertising</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">January 4, 2004<span style="display:none"> (<span class="bday dtstart published updated">2004-01-04</span>)</span> in <a href="Cambridge%2C_Massachusetts" title="Cambridge, Massachusetts">Cambridge, Massachusetts</a>, U.S.</td></tr><tr><th scope="row" class="infobox-label">Founders</th><td class="infobox-data agent"><div class="plainlist">
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a></li>
<li><a href="Eduardo_Saverin" title="Eduardo Saverin">Eduardo Saverin</a></li>
<li><a href="Andrew_McCollum" title="Andrew McCollum">Andrew McCollum</a></li>
<li><a href="Dustin_Moskovitz" title="Dustin Moskovitz">Dustin Moskovitz</a></li>
<li><a href="Chris_Hughes" title="Chris Hughes">Chris Hughes</a></li></ul>
</div></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="Menlo_Park%2C_California" title="Menlo Park, California">Menlo Park, California</a></div>, <div class="ib-company-country country-name">U.S.</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">Worldwide</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><div class="plainlist" style="margin-left:1em;text-indent:-1em;">
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a> (<a href="Chairman" class="mw-redirect" title="Chairman">chairman</a> and <a href="Chief_executive_officer" title="Chief executive officer">CEO</a>)</li>
<li><a href="Javier_Olivan" title="Javier Olivan">Javier Olivan</a> (<a href="Chief_operating_officer" title="Chief operating officer">COO</a>)</li>
<li><a href="Andrew_Bosworth" title="Andrew Bosworth">Andrew Bosworth</a> (<a href="Chief_technology_officer" title="Chief technology officer">CTO</a>)</li>
<li><a href="Chris_Cox_(manager)" title="Chris Cox (manager)">Chris Cox</a> (<a href="Chief_product_officer" title="Chief product officer">CPO</a>)</li></ul>
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</style><div class="hlist"><ul><li><a href="Facebook" title="Facebook">Facebook</a></li><li><a href="Instagram" title="Instagram">Instagram</a></li><li><a href="Facebook_Messenger" class="mw-redirect" title="Facebook Messenger">Messenger</a></li><li><a href="Threads_(social_network)" title="Threads (social network)">Threads</a></li><li><a href="WhatsApp" title="WhatsApp">WhatsApp</a></li><li><a href="Workplace_(software)" title="Workplace (software)">Workplace</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"></span></span> <span style="white-space: nowrap"><a href="United_States_dollar" title="United States dollar">US$</a>164.5 billion</span> (2024)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"></span></span> <span style="white-space: nowrap">US$69.4 billion</span> (2024)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"></span></span> <span style="white-space: nowrap">US$62.4 billion</span> (2024)</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"></span></span> <span style="white-space: nowrap">US$276.1 billion</span> (2024)</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"></span></span> <span style="white-space: nowrap">US$182.6 billion</span> (2024)</td></tr><tr><th scope="row" class="infobox-label">Owner</th><td class="infobox-data">Mark Zuckerberg (13.68% equity; 61.2% voting)<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">75,945 (June 2025)</td></tr><tr><th scope="row" class="infobox-label"><a href="Division_(business)" title="Division (business)">Divisions</a></th><td class="infobox-data"><div class="hlist"><ul><li><a href="Reality_Labs" title="Reality Labs">Reality Labs</a></li><li><a href="Mapillary" title="Mapillary">Mapillary</a></li><li><a href="Meta_Superintelligence_Labs" title="Meta Superintelligence Labs">Superintelligence Labs</a></li></ul></div></td></tr><tr><td colspan="2" class="infobox-full-data"></td></tr><tr><th scope="row" class="infobox-label"><a href="Autonomous_System_Number" class="mw-redirect" title="Autonomous System Number">ASN</a></th><td class="infobox-data"><div class="plainlist"><ul><li><a rel="nofollow" class="external text" href="https://bgp.tools/as/32934">32934</a></li></ul></div></td></tr><tr style="display:none"><td colspan="2">
</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="https://www.meta.com/">meta.com</a></span></td></tr><tr><td colspan="2" class="infobox-below"><b>Footnotes / references</b><br><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Annual10K2024_7-0" class="reference"><a href="#cite_note-Annual10K2024-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-zuck_ownership_8-0" class="reference"><a href="#cite_note-zuck_ownership-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup></td></tr></tbody></table>
<p><b>Meta Platforms, Inc.</b> is an American multinational technology company headquartered in <a href="Menlo_Park%2C_California" title="Menlo Park, California">Menlo Park, California</a>. Meta owns and operates several prominent <a href="Social_media" title="Social media">social media</a> platforms and communication services, including <a href="Facebook" title="Facebook">Facebook</a>, <a href="Instagram" title="Instagram">Instagram</a>, <a href="Threads_(social_network)" title="Threads (social network)">Threads</a>, <a href="Messenger_(platform)" title="Messenger (platform)">Messenger</a> and <a href="WhatsApp" title="WhatsApp">WhatsApp</a>. The company also operates an <a href="Advertising_network" title="Advertising network">advertising network</a> for its own sites and third parties; as of 2023, advertising accounted for 97.8 percent of its total revenue.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup>
</p><p>The company was originally established in 2004 as <b>TheFacebook, Inc.</b>,<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> and was renamed <b>Facebook, Inc.</b> in 2005.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> In 2021, it rebranded as Meta Platforms, Inc. to reflect a strategic shift toward developing the <a href="Metaverse" title="Metaverse">metaverse</a>—an interconnected digital ecosystem spanning <a href="Virtual_reality" title="Virtual reality">virtual</a> and <a href="Augmented_reality" title="Augmented reality">augmented reality</a> technologies.<sup id="cite_ref-theverge20211019_12-0" class="reference"><a href="#cite_note-theverge20211019-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-meta-blog_13-0" class="reference"><a href="#cite_note-meta-blog-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup>
</p><p>Meta is considered one of the <a href="Big_Tech" title="Big Tech">Big Five</a> American technology companies, alongside <a href="Alphabet_Inc." title="Alphabet Inc.">Alphabet</a> (<a href="Google" title="Google">Google</a>), <a href="Amazon_(company)" title="Amazon (company)">Amazon</a>, <a href="Apple_Inc." title="Apple Inc.">Apple</a>, and <a href="Microsoft" title="Microsoft">Microsoft</a>. In 2023, it was ranked 31st on the <i><a href="Forbes_Global_2000" title="Forbes Global 2000">Forbes</a></i> <a href="Forbes_Global_2000" title="Forbes Global 2000">Global 2000</a> list of the world's largest public companies.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> As of 2022, it was the world's third-largest spender on <a href="Research_and_development" title="Research and development">research and development</a>, with R&D expenses totaling US$35.3 billion.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup>
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<div class="mw-heading mw-heading2"><h2 id="History">History</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Further information: <a href="History_of_Facebook" title="History of Facebook">History of Facebook</a> and <a href="Initial_public_offering_of_Facebook" title="Initial public offering of Facebook">Initial public offering of Facebook</a></div>
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</style><table class="sidebar sidebar-collapse nomobile nowraplinks vcard hlist"><tbody><tr><td class="sidebar-pretitle">This article is part of a series about</td></tr><tr><th class="sidebar-title-with-pretitle"></th></tr><tr><td class="sidebar-image"><span typeof="mw:File"><span></span></span></td></tr><tr><td class="sidebar-above">
<ul><li><a href="History_of_Facebook" title="History of Facebook">History</a>
<ul><li><a href="Timeline_of_Instagram" title="Timeline of Instagram">Instagram</a></li>
<li><a href="Timeline_of_WhatsApp" class="mw-redirect" title="Timeline of WhatsApp">WhatsApp</a></li></ul></li>
<li><a href="List_of_mergers_and_acquisitions_by_Meta_Platforms" title="List of mergers and acquisitions by Meta Platforms">Acquisitions</a></li></ul></td></tr><tr><th class="sidebar-heading">
Products and services</th></tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)"><a href="Facebook" title="Facebook">Facebook</a></div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="2021_Facebook_outage" title="2021 Facebook outage">2021 outage</a></li>
<li><a href="List_of_Facebook_features" title="List of Facebook features">Features</a>
<ul><li><a href="Facebook_Dating" title="Facebook Dating">Dating</a></li>
<li><a href="Feed_(Facebook)" title="Feed (Facebook)">Feed</a></li>
<li><a href="Facebook_like_button" title="Facebook like button">Like button</a></li>
<li><a href="Facebook_Reels" title="Facebook Reels">Reels</a></li></ul></li></ul></div></div></td>
</tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Other products</div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="Instagram" title="Instagram">Instagram</a>
<ul><li><a href="Threads_(social_network)" title="Threads (social network)">Threads</a></li></ul></li>
<li><a href="Facebook_Messenger" class="mw-redirect" title="Facebook Messenger">Messenger</a>
<ul><li><a href="Messenger_Kids" title="Messenger Kids">Kids</a></li></ul></li>
<li><a href="Meta_AI" title="Meta AI">Meta AI</a></li>
<li><a href="Meta_Portal" title="Meta Portal">Meta Portal</a></li>
<li><a href="Oculus_Quest" title="Oculus Quest">Quest</a>
<ul><li><a href="Quest_2" title="Quest 2">Quest 2</a></li>
<li><a href="Meta_Quest_3" title="Meta Quest 3">Quest 3</a></li>
<li><a href="Meta_Quest_3S" title="Meta Quest 3S">Quest 3S</a></li>
<li><a href="Quest_Pro" class="mw-redirect" title="Quest Pro">Quest Pro</a></li>
<li><a href="Within_(company)" title="Within (company)">Supernatural</a></li></ul></li>
<li><a href="Ray-Ban_Stories" class="mw-redirect" title="Ray-Ban Stories">Ray-Ban Stories</a></li>
<li><a href="WhatsApp" title="WhatsApp">WhatsApp</a></li></ul></div></div></td>
</tr><tr><th class="sidebar-heading">
People</th></tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Executives and board members</div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a></li>
<li><a href="Sheryl_Sandberg" title="Sheryl Sandberg">Sheryl Sandberg</a></li></ul></div></div></td>
</tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Notable employees</div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="Adam_Mosseri" title="Adam Mosseri">Adam Mosseri</a></li></ul></div></div></td>
</tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Related organizations</div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="Oversight_Board_(Meta)" title="Oversight Board (Meta)">Oversight Board</a></li></ul></div></div></td>
</tr><tr><th class="sidebar-heading">
Business</th></tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)"><a href="Criticism_of_Facebook" title="Criticism of Facebook">Criticism</a></div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="Privacy_concerns_with_Facebook" title="Privacy concerns with Facebook">Privacy concerns</a></li>
<li><a href="Facebook_content_management_controversies" title="Facebook content management controversies">Content management</a>
<ul><li><a href="Censorship_of_Facebook" title="Censorship of Facebook">Censorship of</a></li>
<li><a href="Censorship_by_Facebook" title="Censorship by Facebook">Censorship by</a></li></ul></li>
<li><a href="Facebook%E2%80%93Cambridge_Analytica_data_scandal" title="Facebook–Cambridge Analytica data scandal">Cambridge Analytica data scandal</a></li>
<li><a href="2020_Facebook_ad_boycotts" title="2020 Facebook ad boycotts">2020 ad boycotts</a></li>
<li><a href="2021_Facebook_leak" title="2021 Facebook leak">2021 company files leak</a></li>
<li><a href="Reception_and_criticism_of_WhatsApp_security_and_privacy_features" title="Reception and criticism of WhatsApp security and privacy features">WhatsApp security and privacy features</a></li>
<li><a href="WhatsApp_snooping_scandal" title="WhatsApp snooping scandal">WhatsApp snooping scandal</a></li></ul></div></div></td>
</tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)"><a href="Lawsuits_involving_Meta_Platforms" title="Lawsuits involving Meta Platforms">Litigation</a></div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><i><a href="Young_v._Facebook%2C_Inc." title="Young v. Facebook, Inc.">Young v. Facebook, Inc.</a></i> (2011)</li>
<li><i><a href="Fraley_v._Facebook%2C_Inc." title="Fraley v. Facebook, Inc.">Fraley v. Facebook, Inc.</a></i> (2016)</li>
<li><i><a href="Force_v._Facebook%2C_Inc." title="Force v. Facebook, Inc.">Force v. Facebook, Inc.</a></i> (2019)</li>
<li><i><a href="FTC_v._Meta" title="FTC v. Meta">FTC v. Meta Platforms</a></i> (ongoing)</li></ul></div></div></td>
</tr><tr><td class="sidebar-content">
<div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Related</div><div class="sidebar-list-content mw-collapsible-content">
<ul><li><a href="Initial_public_offering_of_Facebook" title="Initial public offering of Facebook">Facebook, Inc. IPO</a></li></ul></div></div></td>
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<p>Facebook filed for an <a href="Initial_public_offering" title="Initial public offering">initial public offering</a> (IPO) on January 1, 2012.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> The preliminary prospectus stated that the company sought to raise $5 billion, had 845 million monthly active users, and a website accruing 2.7 billion likes and comments daily.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> After the IPO, <a href="Mark_Zuckerberg" title="Mark Zuckerberg">Zuckerberg</a> would retain 22% of the total shares and 57% of the total voting power in Facebook.<sup id="cite_ref-fortune_20-0" class="reference"><a href="#cite_note-fortune-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup>
</p><p><a href="Underwriting" title="Underwriting">Underwriters</a> valued the shares at $38 each, valuing the company at $104 billion, the largest valuation yet for a newly public company.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> On May 16, one day before the IPO, Facebook announced it would sell 25% more shares than originally planned due to high demand.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> The IPO raised $16 billion, making it the third-largest in US history (slightly ahead of <a href="AT%26T_Mobility" title="AT&T Mobility">AT&T Mobility</a> and behind only <a href="General_Motors" title="General Motors">General Motors</a> and <a href="Visa_Inc." title="Visa Inc.">Visa</a>). The stock price left the company with a higher <a href="Market_capitalization" title="Market capitalization">market capitalization</a> than all but a few U.S. corporations—surpassing heavyweights such as <a href="Amazon_(company)" title="Amazon (company)">Amazon</a>, <a href="McDonald's" title="McDonald's">McDonald's</a>, <a href="The_Walt_Disney_Company" title="The Walt Disney Company">Disney</a>, and <a href="Kraft_Foods" title="Kraft Foods">Kraft Foods</a>—and made Zuckerberg's stock worth $19 billion.<sup id="cite_ref-NYT517_23-0" class="reference"><a href="#cite_note-NYT517-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-USN517_24-0" class="reference"><a href="#cite_note-USN517-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> <i><a href="The_New_York_Times" title="The New York Times">The New York Times</a></i> stated that the offering overcame questions about Facebook's difficulties in attracting advertisers to transform the company into a "must-own stock". <a href="Jimmy_Lee_(banker)" title="Jimmy Lee (banker)">Jimmy Lee</a> of <a href="JPMorgan_Chase" title="JPMorgan Chase">JPMorgan Chase</a> described it as "the next great <a href="Blue_chip_(stock_market)" title="Blue chip (stock market)">blue-chip</a>".<sup id="cite_ref-NYT517_23-1" class="reference"><a href="#cite_note-NYT517-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> Writers at <a href="TechCrunch" title="TechCrunch">TechCrunch</a>, on the other hand, expressed skepticism, stating, "That's a big multiple to live up to, and Facebook will likely need to add bold new revenue streams to justify the mammoth valuation."<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup>
</p><p>Trading in the stock, which began on May 18, was delayed that day due to technical problems with the <a href="Nasdaq" title="Nasdaq">Nasdaq</a> exchange.<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> The stock struggled to stay above the IPO price for most of the day, forcing underwriters to buy back shares to support the price.<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> At the closing bell, shares were valued at $38.23,<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup> only $0.23 above the IPO price and down $3.82 from the opening bell value. The opening was widely described by the financial press as a disappointment.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> The stock set a new record for trading volume of an IPO.<sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> On May 25, 2012, the stock ended its first full week of trading at $31.91, a 16.5% decline.<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup>
</p><p>On May 22, 2012, regulators from <a href="Wall_Street" title="Wall Street">Wall Street</a>'s <a href="Financial_Industry_Regulatory_Authority" title="Financial Industry Regulatory Authority">Financial Industry Regulatory Authority</a> announced that they had begun to investigate whether banks underwriting Facebook had improperly shared information only with select clients rather than the general public. <a href="Massachusetts" title="Massachusetts">Massachusetts</a> Secretary of State <a href="William_F._Galvin" title="William F. Galvin">William F. Galvin</a> subpoenaed <a href="Morgan_Stanley" title="Morgan Stanley">Morgan Stanley</a> over the same issue.<sup id="cite_ref-32" class="reference"><a href="#cite_note-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup> The allegations sparked "fury" among some investors and led to the immediate filing of several lawsuits, one of them a <a href="Class_action" title="Class action">class action</a> suit claiming more than $2.5 billion in losses due to the IPO.<sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup> <a href="Bloomberg_L.P." title="Bloomberg L.P.">Bloomberg</a> estimated that <a href="Financial_market_participants#Retail_investor" title="Financial market participants">retail investors</a> may have lost approximately $630 million on Facebook stock since its debut.<sup id="cite_ref-34" class="reference"><a href="#cite_note-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> <a href="S%26P_Global_Ratings" title="S&P Global Ratings">S&P Global Ratings</a> added Facebook to its <a href="S%26P_500" title="S&P 500">S&P 500</a> index on December 21, 2013.<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup>
</p><p>On May 2, 2014, Zuckerberg announced that the company would be changing its internal motto from "Move fast and break things" to "Move fast with stable infrastructure".<sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> The earlier motto had been described as Zuckerberg's "prime directive to his developers and team" in a 2009 interview in <i><a href="Business_Insider" title="Business Insider">Business Insider</a></i>, in which he also said, "Unless you are breaking stuff, you are not moving fast enough."<sup id="cite_ref-blodget_38-0" class="reference"><a href="#cite_note-blodget-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="2018–2020:_Focus_on_the_metaverse">2018–2020: Focus on the metaverse</h3></div>
<p><a href="Lasso_(video_sharing_app)" title="Lasso (video sharing app)">Lasso</a> was a short-video sharing app from Facebook similar to <a href="TikTok" title="TikTok">TikTok</a> that was launched on <a href="IOS" title="IOS">iOS</a> and <a href="Android_(operating_system)" title="Android (operating system)">Android</a> in 2018 and was aimed at teenagers. On July 2, 2020, Facebook announced that Lasso would be shutting down on July 10.<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup>
</p><p>In 2018, the <a href="Reality_Labs#Acquisition_by_Facebook" title="Reality Labs">Oculus</a> lead <a href="Jason_Rubin" title="Jason Rubin">Jason Rubin</a> sent his 50-page vision document titled "The Metaverse" to Facebook's leadership. In the document, Rubin acknowledged that Facebook's <a href="Virtual_reality" title="Virtual reality">virtual reality</a> business had not caught on as expected, despite the hundreds of millions of dollars spent on content for early adopters. He also urged the company to execute fast and invest heavily in the vision, to shut out <a href="HTC" title="HTC">HTC</a>, <a href="Apple_Inc." title="Apple Inc.">Apple</a>, <a href="Google" title="Google">Google</a> and other competitors in the <a href="Virtual_reality_applications" title="Virtual reality applications">VR space</a>. Regarding other players' participation in the metaverse vision, he called for the company to build the "<a href="Metaverse" title="Metaverse">metaverse</a>" to prevent their competitors from "being in the VR business in a meaningful way at all".<sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup>
</p><p>In May 2019, Facebook founded <a href="Diem_(digital_currency)#History" title="Diem (digital currency)">Libra Networks</a>, reportedly to develop their own <a href="Stablecoin" title="Stablecoin">stablecoin</a> <a href="Cryptocurrency" title="Cryptocurrency">cryptocurrency</a>.<sup id="cite_ref-yahoo_43-0" class="reference"><a href="#cite_note-yahoo-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup> Later, it was reported that Libra was being supported by financial companies such as <a href="Visa_Inc." title="Visa Inc.">Visa</a>, <a href="Mastercard" title="Mastercard">Mastercard</a>, <a href="PayPal" title="PayPal">PayPal</a> and <a href="Uber" title="Uber">Uber</a>. The consortium of companies was expected to pool in $10 million each to fund the launch of the <a href="Cryptocurrency" title="Cryptocurrency">cryptocurrency coin</a> named Libra.<sup id="cite_ref-44" class="reference"><a href="#cite_note-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> Depending on when it would receive approval from the <a href="Swiss_Financial_Market_Supervisory_Authority" title="Swiss Financial Market Supervisory Authority">Swiss Financial Market Supervisory</a> authority to operate as a payments service, the Libra Association had planned to launch a limited format cryptocurrency in 2021.<sup id="cite_ref-45" class="reference"><a href="#cite_note-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup> Libra was renamed Diem, before being shut down and sold in January 2022 after backlash from <a href="Switzerland" title="Switzerland">Swiss government regulators</a> and the public.<sup id="cite_ref-46" class="reference"><a href="#cite_note-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-47" class="reference"><a href="#cite_note-47"><span class="cite-bracket">[</span>47<span class="cite-bracket">]</span></a></sup>
</p><p>During the <a href="COVID-19_pandemic" title="COVID-19 pandemic">COVID-19 pandemic</a>, the use of online services, including Facebook, grew globally.<sup id="cite_ref-:0_48-0" class="reference"><a href="#cite_note-:0-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup> <a href="Mark_Zuckerberg" title="Mark Zuckerberg">Zuckerberg</a> predicted this would be a "permanent acceleration" that would continue after the pandemic. Facebook hired aggressively, growing from 48,268 employees in March 2020 to more than 87,000 by September 2022.<sup id="cite_ref-:0_48-1" class="reference"><a href="#cite_note-:0-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="2021:_Rebrand_as_Meta">2021: Rebrand as Meta</h3></div>
<div role="note" class="hatnote navigation-not-searchable">Further information: <a href="Criticism_of_Facebook" title="Criticism of Facebook">Criticism of Facebook</a>, <a href="Instagram#Impact_on_people" title="Instagram">Instagram § Impact on people</a>, <a href="2021_Facebook_leak" title="2021 Facebook leak">2021 Facebook leak</a>, and <a href="Frances_Haugen" title="Frances Haugen">Frances Haugen</a></div><div role="note" class="hatnote navigation-not-searchable">See also: <a href="Facebook%E2%80%93Cambridge_Analytica_data_scandal" title="Facebook–Cambridge Analytica data scandal">Facebook–Cambridge Analytica data scandal</a> and <a href="2020_Facebook_ad_boycotts" title="2020 Facebook ad boycotts">2020 Facebook ad boycotts</a></div>
<p>Following a period of intense scrutiny and damaging <a href="2021_Facebook_leak" title="2021 Facebook leak">whistleblower leaks</a>, news started to emerge on October 21, 2021 about Facebook's plan to <a href="Rebranding" title="Rebranding">rebrand</a> the company and change its name.<sup id="cite_ref-theverge20211019_12-1" class="reference"><a href="#cite_note-theverge20211019-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-49" class="reference"><a href="#cite_note-49"><span class="cite-bracket">[</span>49<span class="cite-bracket">]</span></a></sup> In the Q3 2021 earnings call on October 25, Mark Zuckerberg discussed the ongoing criticism of the company's social services and the way it operates, and pointed to the pivoting efforts to building the <a href="Metaverse" title="Metaverse">metaverse</a> – without mentioning the rebranding and the name change.<sup id="cite_ref-50" class="reference"><a href="#cite_note-50"><span class="cite-bracket">[</span>50<span class="cite-bracket">]</span></a></sup> The metaverse vision and the name change from Facebook, Inc. to Meta Platforms was introduced at Facebook Connect on October 28, 2021.<sup id="cite_ref-meta-blog_13-1" class="reference"><a href="#cite_note-meta-blog-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> Based on Facebook's PR campaign, the name change reflects the company's shifting long term focus of building the metaverse, a digital extension of the physical world by <a href="Social_media" title="Social media">social media</a>, virtual reality and augmented reality features.<sup id="cite_ref-meta-blog_13-2" class="reference"><a href="#cite_note-meta-blog-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-51" class="reference"><a href="#cite_note-51"><span class="cite-bracket">[</span>51<span class="cite-bracket">]</span></a></sup>
</p><p>"Meta" had been <a href="Trademark#Registration" title="Trademark">registered</a> as a <a href="Trademark" title="Trademark">trademark</a> in the United States in 2018 (after an initial filing in 2015) for marketing, advertising, and computer services, by <a href="Meta_(academic_company)" title="Meta (academic company)">a Canadian company</a> that provided <a href="Big_data" title="Big data">big data</a> analysis of <a href="Scientific_literature" title="Scientific literature">scientific literature</a>.<sup id="cite_ref-52" class="reference"><a href="#cite_note-52"><span class="cite-bracket">[</span>52<span class="cite-bracket">]</span></a></sup> This company was acquired in 2017 by the <a href="Chan_Zuckerberg_Initiative" title="Chan Zuckerberg Initiative">Chan Zuckerberg Initiative</a> (CZI), a foundation established by Zuckerberg and his wife, <a href="Priscilla_Chan" title="Priscilla Chan">Priscilla Chan</a>, and became one of their projects.<sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">[</span>53<span class="cite-bracket">]</span></a></sup> Following the rebranding announcement, CZI announced that it had already decided to deprioritize the earlier Meta project, thus it would be transferring its rights to the name to Meta Platforms, and the previous project would end in 2022.<sup id="cite_ref-54" class="reference"><a href="#cite_note-54"><span class="cite-bracket">[</span>54<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="2022:_Declining_profits_and_mass_lay-offs">2022: Declining profits and mass lay-offs</h3></div>
<p>Soon after the rebranding, in early February 2022, Meta reported a greater-than-expected decline in profits in the fourth quarter of 2021.<sup id="cite_ref-wsj_2022_55-0" class="reference"><a href="#cite_note-wsj_2022-55"><span class="cite-bracket">[</span>55<span class="cite-bracket">]</span></a></sup> It reported no growth in monthly users,<sup id="cite_ref-wagner2222_56-0" class="reference"><a href="#cite_note-wagner2222-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup> and indicated it expected revenue growth to stall.<sup id="cite_ref-wsj_2022_55-1" class="reference"><a href="#cite_note-wsj_2022-55"><span class="cite-bracket">[</span>55<span class="cite-bracket">]</span></a></sup> It also expected measures taken by <a href="Apple_Inc." title="Apple Inc.">Apple Inc.</a> to protect user privacy to cost it some $10 billion in advertisement revenue, an amount equal to roughly 8% of its revenue for 2021.<sup id="cite_ref-57" class="reference"><a href="#cite_note-57"><span class="cite-bracket">[</span>57<span class="cite-bracket">]</span></a></sup> In meeting with Meta staff the day after earnings were reported, Zuckerberg blamed competition for user attention, particularly from video-based apps such as <a href="TikTok" title="TikTok">TikTok</a>.<sup id="cite_ref-58" class="reference"><a href="#cite_note-58"><span class="cite-bracket">[</span>58<span class="cite-bracket">]</span></a></sup>
</p><p>The 27% reduction in the company's share price which occurred in reaction to the news eliminated some $230 billion of value from Meta's <a href="Market_capitalization" title="Market capitalization">market capitalization</a>.<sup id="cite_ref-wagner2222_56-1" class="reference"><a href="#cite_note-wagner2222-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup> <a href="Bloomberg_News" title="Bloomberg News">Bloomberg</a> described the decline as "an epic rout that, in its sheer scale, is unlike anything Wall Street or Silicon Valley has ever seen".<sup id="cite_ref-wagner2222_56-2" class="reference"><a href="#cite_note-wagner2222-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup> Zuckerberg's net worth fell by as much as $31 billion.<sup id="cite_ref-59" class="reference"><a href="#cite_note-59"><span class="cite-bracket">[</span>59<span class="cite-bracket">]</span></a></sup> Zuckerberg owns 13% of Meta, and the holding makes up the bulk of his wealth.<sup id="cite_ref-60" class="reference"><a href="#cite_note-60"><span class="cite-bracket">[</span>60<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-61" class="reference"><a href="#cite_note-61"><span class="cite-bracket">[</span>61<span class="cite-bracket">]</span></a></sup>
</p><p>According to published reports by <i>Bloomberg</i> on March 30, 2022, Meta turned over data such as phone numbers, physical addresses, and <a href="IP_address" title="IP address">IP addresses</a> to hackers posing as law enforcement officials using forged documents. The law enforcement requests sometimes included <a href="Signature_forgery" title="Signature forgery">forged signatures</a> of real or fictional officials. When asked about the allegations, a Meta representative said, "We review every data request for legal sufficiency and use advanced systems and processes to validate law enforcement requests and detect abuse."<sup id="cite_ref-62" class="reference"><a href="#cite_note-62"><span class="cite-bracket">[</span>62<span class="cite-bracket">]</span></a></sup> In June 2022, <a href="Sheryl_Sandberg" title="Sheryl Sandberg">Sheryl Sandberg</a>, the chief operating officer of 14 years, announced she would step down that year. Zuckerberg said that <a href="Javier_Olivan" title="Javier Olivan">Javier Olivan</a> would replace Sandberg, though in a “more traditional” role.<sup id="cite_ref-63" class="reference"><a href="#cite_note-63"><span class="cite-bracket">[</span>63<span class="cite-bracket">]</span></a></sup>
</p><p>In March 2022, Meta (except Meta-owned <a href="WhatsApp" title="WhatsApp">WhatsApp</a>) and <a href="Instagram" title="Instagram">Instagram</a> were banned in Russia and added to the <a href="Russian_list_of_terrorist_and_extremist_organizations" class="mw-redirect" title="Russian list of terrorist and extremist organizations">Russian list of terrorist and extremist organizations</a> for alleged <a href="Russophobia" class="mw-redirect" title="Russophobia">Russophobia</a> and <a href="Hate_speech" title="Hate speech">hate speech</a> (up to <a href="Genocide" title="Genocide">genocidal</a> calls) amid the ongoing <a href="Russian_invasion_of_Ukraine" title="Russian invasion of Ukraine">Russian invasion of Ukraine</a>.<sup id="cite_ref-bbc_64-0" class="reference"><a href="#cite_note-bbc-64"><span class="cite-bracket">[</span>64<span class="cite-bracket">]</span></a></sup> Meta appealed against the ban, but it was upheld by a <a href="Moscow" title="Moscow">Moscow</a> court in June of the same year.<sup id="cite_ref-bbc_64-1" class="reference"><a href="#cite_note-bbc-64"><span class="cite-bracket">[</span>64<span class="cite-bracket">]</span></a></sup>
</p><p>Also in March 2022, Meta and Italian eyewear giant <a href="Luxottica" title="Luxottica">Luxottica</a> released <a href="Ray-Ban_Stories" class="mw-redirect" title="Ray-Ban Stories">Ray-Ban Stories</a>, a series of <a href="Smartglasses" title="Smartglasses">smartglasses</a> which could play music and take pictures. Meta and Luxottica parent company <a href="EssilorLuxottica" title="EssilorLuxottica">EssilorLuxottica</a> declined to disclose sales on the line of products as of September 2022, though Meta has expressed satisfaction with its customer feedback.<sup id="cite_ref-:1_65-0" class="reference"><a href="#cite_note-:1-65"><span class="cite-bracket">[</span>65<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-66" class="reference"><a href="#cite_note-66"><span class="cite-bracket">[</span>66<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-67" class="reference"><a href="#cite_note-67"><span class="cite-bracket">[</span>67<span class="cite-bracket">]</span></a></sup>
</p><p>In July 2022, Meta saw its first year-on-year revenue decline when its total revenue slipped by 1% to $28.8bn.<sup id="cite_ref-68" class="reference"><a href="#cite_note-68"><span class="cite-bracket">[</span>68<span class="cite-bracket">]</span></a></sup> Analysts and journalists accredited the loss to its advertising business, which has been limited by Apple's <a href="Identifier_for_Advertisers#App_Tracking_Transparency" title="Identifier for Advertisers">app tracking transparency</a> feature and the number of people who have opted not to be tracked by Meta apps. Zuckerberg also accredited the decline to increasing competition from TikTok.<sup id="cite_ref-69" class="reference"><a href="#cite_note-69"><span class="cite-bracket">[</span>69<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-70" class="reference"><a href="#cite_note-70"><span class="cite-bracket">[</span>70<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-71" class="reference"><a href="#cite_note-71"><span class="cite-bracket">[</span>71<span class="cite-bracket">]</span></a></sup> On October 27, 2022, Meta's market value dropped to $268 billion, a loss of around $700 billion compared to 2021, and its shares fell by 24%. It lost its spot among the top 20 US companies by market cap, despite reaching the top 5 in the previous year.<sup id="cite_ref-72" class="reference"><a href="#cite_note-72"><span class="cite-bracket">[</span>72<span class="cite-bracket">]</span></a></sup>
</p><p>In November 2022, Meta laid off 11,000 employees, 13% of its workforce. Zuckerberg said the decision to aggressively increase Meta's investments had been a mistake, as he had wrongly predicted that the surge in e-commerce would last beyond the COVID-19 pandemic. He also attributed the decline to increased competition, a global economic downturn and "ads signal loss".<sup id="cite_ref-73" class="reference"><a href="#cite_note-73"><span class="cite-bracket">[</span>73<span class="cite-bracket">]</span></a></sup> Plans to lay off a further 10,000 employees began in April 2023.<sup id="cite_ref-74" class="reference"><a href="#cite_note-74"><span class="cite-bracket">[</span>74<span class="cite-bracket">]</span></a></sup> The layoffs were part of a general downturn in the technology industry, alongside layoffs by companies including <a href="Google" title="Google">Google</a>, <a href="Amazon_(company)" title="Amazon (company)">Amazon</a>, <a href="Tesla%2C_Inc." title="Tesla, Inc.">Tesla</a>, <a href="Snap_Inc." title="Snap Inc.">Snap</a>, <a href="Twitter%2C_Inc." title="Twitter, Inc.">Twitter</a> and <a href="Lyft" title="Lyft">Lyft</a>.<sup id="cite_ref-75" class="reference"><a href="#cite_note-75"><span class="cite-bracket">[</span>75<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-76" class="reference"><a href="#cite_note-76"><span class="cite-bracket">[</span>76<span class="cite-bracket">]</span></a></sup>
</p><p>Starting from 2022, Meta scrambled to catch up to other tech companies in adopting specialized artificial intelligence hardware and software. It had been using less expensive <a href="Central_processing_unit" title="Central processing unit">CPUs</a> instead of <a href="Graphics_processing_unit" title="Graphics processing unit">GPUs</a> for AI work, but that approach turned out to be less efficient.<sup id="cite_ref-77" class="reference"><a href="#cite_note-77"><span class="cite-bracket">[</span>77<span class="cite-bracket">]</span></a></sup> The company gifted the Inter-university Consortium for Political and Social Research $1.3 million to finance the Social Media Archive's aim to make their data available to social science research.<sup id="cite_ref-78" class="reference"><a href="#cite_note-78"><span class="cite-bracket">[</span>78<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="Since_2023:_Threads,_AI_and_all-time_high_stock_value">Since 2023: Threads, AI and all-time high stock value</h3></div>
<p>In 2023, Ireland's <a href="Data_Protection_Commissioner" title="Data Protection Commissioner">Data Protection Commissioner</a> imposed a record EUR 1.2 billion fine on Meta for transferring data from Europe to the United States without adequate protections for EU citizens.<sup id="cite_ref-:Zhang_79-0" class="reference"><a href="#cite_note-:Zhang-79"><span class="cite-bracket">[</span>79<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 250">: 250 </span></sup>
</p><p>In March 2023, Meta announced a new round of layoffs that would cut 10,000 employees and close 5,000 open positions to make the company more efficient.<sup id="cite_ref-80" class="reference"><a href="#cite_note-80"><span class="cite-bracket">[</span>80<span class="cite-bracket">]</span></a></sup> Meta revenue surpassed analyst expectations for the first quarter of 2023 after announcing that it was increasing its focus on AI.<sup id="cite_ref-81" class="reference"><a href="#cite_note-81"><span class="cite-bracket">[</span>81<span class="cite-bracket">]</span></a></sup> On July 6, Meta launched a new app, <a href="Threads_(social_network)" title="Threads (social network)">Threads</a>, a competitor to Twitter.<sup id="cite_ref-82" class="reference"><a href="#cite_note-82"><span class="cite-bracket">[</span>82<span class="cite-bracket">]</span></a></sup>
</p><p>Meta announced its artificial intelligence model Llama 2 in July 2023, available for commercial use via partnerships with major cloud providers like Microsoft. It was the first project to be unveiled out of Meta's generative AI group after it was set up in February. It would not charge access or usage but instead operate with an open-source model to allow Meta to ascertain what improvements need to be made. Prior to this announcement, Meta said it had no plans to release Llama 2 for commercial use. An earlier version of Llama was released to academics.<sup id="cite_ref-83" class="reference"><a href="#cite_note-83"><span class="cite-bracket">[</span>83<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-84" class="reference"><a href="#cite_note-84"><span class="cite-bracket">[</span>84<span class="cite-bracket">]</span></a></sup>
</p><p>In August 2023, Meta announced its permanent removal of news content from Facebook and Instagram in Canada due to the <i><a href="Online_News_Act" title="Online News Act">Online News Act</a></i>, which requires Canadian news outlets to be compensated for content shared on its platform. The Online News Act was in effect by year-end, but Meta will not participate in the regulatory process.<sup id="cite_ref-85" class="reference"><a href="#cite_note-85"><span class="cite-bracket">[</span>85<span class="cite-bracket">]</span></a></sup> In October 2023, Zuckerberg said that AI would be Meta's biggest investment area in 2024.<sup id="cite_ref-86" class="reference"><a href="#cite_note-86"><span class="cite-bracket">[</span>86<span class="cite-bracket">]</span></a></sup> Meta finished 2023 as one of the best-performing technology stocks of the year, with its share price up 150 percent.<sup id="cite_ref-87" class="reference"><a href="#cite_note-87"><span class="cite-bracket">[</span>87<span class="cite-bracket">]</span></a></sup> Its stock reached an all-time high in January 2024, bringing Meta within 2% of achieving $1 trillion market capitalization.<sup id="cite_ref-88" class="reference"><a href="#cite_note-88"><span class="cite-bracket">[</span>88<span class="cite-bracket">]</span></a></sup>
</p><p>In November 2023 Meta Platforms launched an ad-free service in <a href="Europe" title="Europe">Europe</a>, allowing subscribers to opt-out of <a href="Personal_data" title="Personal data">personal data</a> being collected for targeted advertising. A group of 28 European organizations, including Max Schrems' advocacy group <a href="NOYB" title="NOYB">NOYB</a>, the <a href="Irish_Council_for_Civil_Liberties" title="Irish Council for Civil Liberties">Irish Council for Civil Liberties</a>, <a href="Wikimedia_Foundation" title="Wikimedia Foundation">Wikimedia</a> Europe, and the <a href="Electronic_Privacy_Information_Center" title="Electronic Privacy Information Center">Electronic Privacy Information Center</a>, signed a 2024 letter to the <a href="European_Data_Protection_Board" title="European Data Protection Board">European Data Protection Board</a> (EDPB) expressing concern that this subscriber model would undermine privacy protections, specifically <a href="General_Data_Protection_Regulation" title="General Data Protection Regulation">GDPR</a> data protection standards.<sup id="cite_ref-89" class="reference"><a href="#cite_note-89"><span class="cite-bracket">[</span>89<span class="cite-bracket">]</span></a></sup>
</p><p>Meta removed the Facebook and Instagram accounts of Iran's Supreme Leader <a href="Ali_Khamenei" title="Ali Khamenei">Ali Khamenei</a> in February 2024, citing repeated violations of its Dangerous Organizations & Individuals policy.<sup id="cite_ref-90" class="reference"><a href="#cite_note-90"><span class="cite-bracket">[</span>90<span class="cite-bracket">]</span></a></sup> As of March, Meta was under investigation by the FDA for alleged use of their social media platforms to sell illegal drugs.<sup id="cite_ref-91" class="reference"><a href="#cite_note-91"><span class="cite-bracket">[</span>91<span class="cite-bracket">]</span></a></sup> On 16 May 2024, the <a href="European_Commission" title="European Commission">European Commission</a> began an investigation into Meta over concerns related to child safety.<sup id="cite_ref-92" class="reference"><a href="#cite_note-92"><span class="cite-bracket">[</span>92<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-93" class="reference"><a href="#cite_note-93"><span class="cite-bracket">[</span>93<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-94" class="reference"><a href="#cite_note-94"><span class="cite-bracket">[</span>94<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-95" class="reference"><a href="#cite_note-95"><span class="cite-bracket">[</span>95<span class="cite-bracket">]</span></a></sup>
</p><p>In May 2023, Iraqi social media influencer Esaa Ahmed-Adnan encountered a troubling issue when Instagram removed his posts, citing false copyright violations despite his content being original and free from copyrighted material. He discovered that extortionists were behind these takedowns, offering to restore his content for $3,000 or provide ongoing protection for $1,000 per month. This scam, exploiting Meta’s rights management tools, became widespread in the Middle East, revealing a gap in Meta’s enforcement in developing regions. An Iraqi nonprofit Tech4Peace’s founder, Aws al-Saadi helped Ahmed-Adnan and others, but the restoration process was slow, leading to significant financial losses for many victims, including prominent figures like <a href="Ammar_al-Hakim" title="Ammar al-Hakim">Ammar al-Hakim</a>. This situation highlighted Meta’s challenges in balancing global growth with effective content moderation and protection.<sup id="cite_ref-96" class="reference"><a href="#cite_note-96"><span class="cite-bracket">[</span>96<span class="cite-bracket">]</span></a></sup>
</p><p>On 16 September 2024, Meta announced it had banned Russian state media outlets from its platforms worldwide due to concerns about "foreign interference activity." This decision followed allegations that <a href="RT_(TV_network)" title="RT (TV network)">RT</a> and its employees funneled $10 million through shell companies to secretly fund influence campaigns on various social media channels. Meta's actions were part of a broader effort to counter Russian covert influence operations, which had intensified since the invasion.<sup id="cite_ref-97" class="reference"><a href="#cite_note-97"><span class="cite-bracket">[</span>97<span class="cite-bracket">]</span></a></sup>
</p><p>At its 2024 Connect conference, Meta presented Orion,<sup id="cite_ref-98" class="reference"><a href="#cite_note-98"><span class="cite-bracket">[</span>98<span class="cite-bracket">]</span></a></sup> its first pair of <a href="Augmented_reality" title="Augmented reality">augmented reality</a> glasses. Though Orion was originally intended to be sold to consumers, the manufacturing process turned out to be too complex and expensive.<sup id="cite_ref-99" class="reference"><a href="#cite_note-99"><span class="cite-bracket">[</span>99<span class="cite-bracket">]</span></a></sup> Instead, the company pivoted to producing a small number of the glasses to be used internally.<sup id="cite_ref-100" class="reference"><a href="#cite_note-100"><span class="cite-bracket">[</span>100<span class="cite-bracket">]</span></a></sup>
</p><p>On 4 October 2024, Meta announced about its new AI model called Movie Gen, capable of generating realistic video and audio clips based on user prompts. Meta stated it would not release Movie Gen for open development, preferring to collaborate directly with content creators and integrate it into its products by the following year. The model was built using a combination of licensed and publicly available datasets.<sup id="cite_ref-101" class="reference"><a href="#cite_note-101"><span class="cite-bracket">[</span>101<span class="cite-bracket">]</span></a></sup>
</p><p>On October 31, 2024, <i><a href="ProPublica" title="ProPublica">ProPublica</a></i> published an investigation into deceptive political advertisement scams that sometimes use hundreds of hijacked profiles and facebook pages run by organized networks of scammers. The authors cited spotty enforcement by Meta as a major reason for the extent of the issue.<sup id="cite_ref-102" class="reference"><a href="#cite_note-102"><span class="cite-bracket">[</span>102<span class="cite-bracket">]</span></a></sup>
</p><p>In November 2024, TechCrunch reported that Meta were considering building a $10bn global underwater cable spanning 25,000 miles.<sup id="cite_ref-103" class="reference"><a href="#cite_note-103"><span class="cite-bracket">[</span>103<span class="cite-bracket">]</span></a></sup>
</p><p>In the same month, Meta closed down 2 million accounts on Facebook and Instagram that were linked to scam centers in Myanmar, Laos, Cambodia, the Philippines, and the United Arab Emirates doing <a href="Pig_butchering_scam" title="Pig butchering scam">pig butchering scams</a>.<sup id="cite_ref-104" class="reference"><a href="#cite_note-104"><span class="cite-bracket">[</span>104<span class="cite-bracket">]</span></a></sup>
</p><p>In December 2024, Meta announced that, beginning February 2025, they would require advertisers to run ads about financial services in Australia to verify information about who are the beneficiary and the payer in a bid to regulate scams.<sup id="cite_ref-105" class="reference"><a href="#cite_note-105"><span class="cite-bracket">[</span>105<span class="cite-bracket">]</span></a></sup>
</p><p>On December 4, 2024, Meta announced it will invest US$10 billion for its largest AI data center in northeast Louisiana, powered by natural gas facilities.<sup id="cite_ref-techxplore051224_106-0" class="reference"><a href="#cite_note-techxplore051224-106"><span class="cite-bracket">[</span>106<span class="cite-bracket">]</span></a></sup>
</p><p>On the 11th of that month, Meta experienced a global outage, impacting accounts on all of their social media and messaging applications. Outage reports from <a href="Downdetector" title="Downdetector">DownDetector</a> reached 70,000+ and 100,000+ within minutes for Instagram and Facebook, respectively.<sup id="cite_ref-107" class="reference"><a href="#cite_note-107"><span class="cite-bracket">[</span>107<span class="cite-bracket">]</span></a></sup>
</p><p>In January 2025, Meta announced plans to roll back its <a href="Diversity%2C_equity%2C_and_inclusion" title="Diversity, equity, and inclusion">diversity, equity, and inclusion</a> (DEI) initiatives, citing shifts in the "legal and policy landscape" in the United States following <a href="2024_United_States_presidential_election" title="2024 United States presidential election">the 2024 presidential election</a>. The decision followed reports that CEO Mark Zuckerberg sought to align the company more closely with the <a href="Second_presidency_of_Donald_Trump" title="Second presidency of Donald Trump">incoming Trump administration</a>, including changes to content moderation policies and executive leadership.<sup id="cite_ref-108" class="reference"><a href="#cite_note-108"><span class="cite-bracket">[</span>108<span class="cite-bracket">]</span></a></sup> The new content moderation policies continued to bar insults about a person's intellect or mental illness, but made an exception to allow calling <a href="LGBTQ" class="mw-redirect" title="LGBTQ">LGBTQ</a> people mentally ill because they are gay or <a href="Transgender" title="Transgender">transgender</a>.<sup id="cite_ref-109" class="reference"><a href="#cite_note-109"><span class="cite-bracket">[</span>109<span class="cite-bracket">]</span></a></sup> Later that month, Meta agreed to pay $25 million to settle a 2021 lawsuit brought by <a href="Donald_Trump" title="Donald Trump">Donald Trump</a> for suspending his social media accounts after the <a href="January_6_United_States_Capitol_attack" title="January 6 United States Capitol attack">January 6 riots</a>.<sup id="cite_ref-110" class="reference"><a href="#cite_note-110"><span class="cite-bracket">[</span>110<span class="cite-bracket">]</span></a></sup> Changes to Meta's moderation policies were controversial among its oversight board, with a significant divide in opinion between the board's US conservatives and its global members.<sup id="cite_ref-111" class="reference"><a href="#cite_note-111"><span class="cite-bracket">[</span>111<span class="cite-bracket">]</span></a></sup>
</p><p>In June 2025, Meta Platforms Inc. has decided to make a multibillion-dollar investment into artificial intelligence startup <a href="Scale_AI" title="Scale AI">Scale AI</a>. The financing could exceed $10 billion in value which would make it one of the largest private company funding events of all time.<sup id="cite_ref-112" class="reference"><a href="#cite_note-112"><span class="cite-bracket">[</span>112<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Mergers_and_acquisitions">Mergers and acquisitions</h2></div>
<div role="note" class="hatnote navigation-not-searchable">For a more comprehensive list, see <a href="List_of_mergers_and_acquisitions_by_Meta_Platforms" title="List of mergers and acquisitions by Meta Platforms">List of mergers and acquisitions by Meta Platforms</a>.</div>
<p>Meta has acquired multiple companies (often identified as <a href="Talent_acquisition" class="mw-redirect" title="Talent acquisition">talent acquisitions</a>).<sup id="cite_ref-113" class="reference"><a href="#cite_note-113"><span class="cite-bracket">[</span>113<span class="cite-bracket">]</span></a></sup> One of its first major acquisitions was in April 2012, when it acquired <a href="Instagram" title="Instagram">Instagram</a> for approximately US$1 billion in cash and stock.<sup id="cite_ref-114" class="reference"><a href="#cite_note-114"><span class="cite-bracket">[</span>114<span class="cite-bracket">]</span></a></sup> In October 2013, Facebook, Inc. acquired <a href="Onavo" title="Onavo">Onavo</a>, an Israeli <a href="Mobile_web_analytics" title="Mobile web analytics">mobile web analytics</a> company.<sup id="cite_ref-115" class="reference"><a href="#cite_note-115"><span class="cite-bracket">[</span>115<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-116" class="reference"><a href="#cite_note-116"><span class="cite-bracket">[</span>116<span class="cite-bracket">]</span></a></sup> In February 2014, Facebook, Inc. announced it would buy mobile messaging company <a href="WhatsApp" title="WhatsApp">WhatsApp</a> for US$19 billion in cash and stock.<sup id="cite_ref-117" class="reference"><a href="#cite_note-117"><span class="cite-bracket">[</span>117<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-118" class="reference"><a href="#cite_note-118"><span class="cite-bracket">[</span>118<span class="cite-bracket">]</span></a></sup> Later that year, Facebook bought <a href="Oculus_VR" class="mw-redirect" title="Oculus VR">Oculus VR</a> for $2.3 billion in cash and stock,<sup id="cite_ref-Kotaku_FB_119-0" class="reference"><a href="#cite_note-Kotaku_FB-119"><span class="cite-bracket">[</span>119<span class="cite-bracket">]</span></a></sup> which released its first consumer virtual reality headset in 2016. In late November 2019, Facebook, Inc. announced the acquisition of the game developer Beat Games, responsible for developing one of that year's most popular VR games, <i><a href="Beat_Saber" title="Beat Saber">Beat Saber</a></i>.<sup id="cite_ref-120" class="reference"><a href="#cite_note-120"><span class="cite-bracket">[</span>120<span class="cite-bracket">]</span></a></sup> In Late 2022, after Facebook Inc rebranded to Meta Platforms Inc, Oculus was rebranded to Meta Quest.
</p><p>In May 2020, Facebook, Inc. announced it had acquired <a href="Giphy" title="Giphy">Giphy</a> for a reported cash price of $400 million. It will be integrated with the Instagram team.<sup id="cite_ref-121" class="reference"><a href="#cite_note-121"><span class="cite-bracket">[</span>121<span class="cite-bracket">]</span></a></sup> However, in August 2021, UK's <a href="Competition_and_Markets_Authority" title="Competition and Markets Authority">Competition and Markets Authority</a> (CMA) stated that Facebook, Inc. might have to sell Giphy, after an investigation found that the deal between the two companies would harm competition in display advertising market.<sup id="cite_ref-122" class="reference"><a href="#cite_note-122"><span class="cite-bracket">[</span>122<span class="cite-bracket">]</span></a></sup> Facebook, Inc. was fined $70 million by CMA for deliberately failing to report all information regarding the acquisition and the ongoing <a href="Competition_law" title="Competition law">antitrust</a> investigation.<sup id="cite_ref-123" class="reference"><a href="#cite_note-123"><span class="cite-bracket">[</span>123<span class="cite-bracket">]</span></a></sup> In October 2022, the CMA ruled for a second time that Meta be required to divest Giphy, stating that Meta already controls half of the advertising in the UK. Meta agreed to the sale, though it stated that it disagrees with the decision itself.<sup id="cite_ref-124" class="reference"><a href="#cite_note-124"><span class="cite-bracket">[</span>124<span class="cite-bracket">]</span></a></sup> In May 2023, Giphy was divested to <a href="Shutterstock" title="Shutterstock">Shutterstock</a> for $53<span class="nowrap"> </span>million.<sup id="cite_ref-shutterstock_125-0" class="reference"><a href="#cite_note-shutterstock-125"><span class="cite-bracket">[</span>125<span class="cite-bracket">]</span></a></sup>
</p><p>In November 2020, Facebook, Inc. announced that it planned to purchase the customer-service platform and chatbot specialist startup Kustomer to promote companies to use their platform for business. It has been reported that Kustomer valued at slightly over $1 billion.<sup id="cite_ref-126" class="reference"><a href="#cite_note-126"><span class="cite-bracket">[</span>126<span class="cite-bracket">]</span></a></sup> The deal was closed in February 2022 after regulatory approval.<sup id="cite_ref-127" class="reference"><a href="#cite_note-127"><span class="cite-bracket">[</span>127<span class="cite-bracket">]</span></a></sup>
</p><p>In September 2022, Meta acquired Lofelt, a Berlin-based <a href="Haptic_technology" title="Haptic technology">haptic tech</a> startup.<sup id="cite_ref-128" class="reference"><a href="#cite_note-128"><span class="cite-bracket">[</span>128<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Lobbying">Lobbying</h2></div>
<p>In 2020, Facebook, Inc. spent <span class="nowrap">$19.7 million</span> on <a href="Lobbying" title="Lobbying">lobbying</a>, hiring 79 lobbyists. In 2019, it had spent <span class="nowrap">$16.7 million</span> on lobbying and had a team of 71 lobbyists, up from <span class="nowrap">$12.6 million</span> and 51 lobbyists in 2018.<sup id="cite_ref-129" class="reference"><a href="#cite_note-129"><span class="cite-bracket">[</span>129<span class="cite-bracket">]</span></a></sup> Facebook was the largest spender of lobbying money among the <a href="Big_Tech#Big_Five" title="Big Tech">Big Tech</a> companies in 2020.<sup id="cite_ref-130" class="reference"><a href="#cite_note-130"><span class="cite-bracket">[</span>130<span class="cite-bracket">]</span></a></sup> The lobbying team includes top congressional aide John Branscome, who was hired in September 2021, to help the company fend off threats from Democratic lawmakers and the Biden administration.<sup id="cite_ref-131" class="reference"><a href="#cite_note-131"><span class="cite-bracket">[</span>131<span class="cite-bracket">]</span></a></sup>
</p><p>In December 2024, Meta donated $1 million to the inauguration fund for then-President-elect Donald Trump.<sup id="cite_ref-132" class="reference"><a href="#cite_note-132"><span class="cite-bracket">[</span>132<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Censorship">Censorship</h2></div>
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<div role="note" class="hatnote navigation-not-searchable">Further information: <a href="Censorship_by_Facebook" title="Censorship by Facebook">Censorship by Facebook</a></div>
<p>In August 2024, <a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a> sent a letter to <a href="Jim_Jordan" title="Jim Jordan">Jim Jordan</a> indicating that during the <a href="COVID-19_pandemic" title="COVID-19 pandemic">COVID-19 pandemic</a> the <a href="Biden_administration" class="mw-redirect" title="Biden administration">Biden administration</a> repeatedly asked Meta to limit certain COVID-19 content, including humor and satire, on <a href="Facebook" title="Facebook">Facebook</a> and <a href="Instagram" title="Instagram">Instagram</a>.<sup id="cite_ref-133" class="reference"><a href="#cite_note-133"><span class="cite-bracket">[</span>133<span class="cite-bracket">]</span></a></sup>
</p><p>In 2016 Meta hired Jordana Cutler, formerly an employee at the Israeli Embassy to the United States, as its policy chief for Israel and the Jewish Diaspora. In this role, Cutler pushed for the censorship of accounts belonging to <a href="Students_for_Justice_in_Palestine" title="Students for Justice in Palestine">Students for Justice in Palestine</a> chapters in the United States. Critics have said that Cutler's position gives the Israeli government an undue influence over Meta policy, and that few countries have such high levels of contact with Meta policymakers.<sup id="cite_ref-134" class="reference"><a href="#cite_note-134"><span class="cite-bracket">[</span>134<span class="cite-bracket">]</span></a></sup>
</p><p>Following the election of <a href="Donald_Trump" title="Donald Trump">Donald Trump</a> in 2025, various sources noted possible censorship related to the <a href="Democratic_Party_(United_States)" title="Democratic Party (United States)">Democratic Party</a> on Instagram and other Meta platforms.<sup id="cite_ref-135" class="reference"><a href="#cite_note-135"><span class="cite-bracket">[</span>135<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-136" class="reference"><a href="#cite_note-136"><span class="cite-bracket">[</span>136<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-137" class="reference"><a href="#cite_note-137"><span class="cite-bracket">[</span>137<span class="cite-bracket">]</span></a></sup> In February 2025, a Meta rep flagged journalist <a href="Gil_Duran" title="Gil Duran">Gil Duran</a>'s article and other "critiques of tech industry figures" as spam or sensitive content, limiting their reach.<sup id="cite_ref-138" class="reference"><a href="#cite_note-138"><span class="cite-bracket">[</span>138<span class="cite-bracket">]</span></a></sup>
</p><p>In March 2025, Meta attempted to block former employee Sarah Wynn-Williams from promoting or further distributing her memoir, <i><a href="Careless_People" title="Careless People">Careless People</a></i>, that includes allegations of unaddressed <a href="Sexual_harassment_in_the_workplace_in_the_United_States" title="Sexual harassment in the workplace in the United States">sexual harassment in the workplace</a> by senior executives. <i><a href="The_New_York_Times" title="The New York Times">The New York Times</a></i> reports that the arbitration is among Meta's most forcible attempts to repudiate a former employee's account of workplace dynamics.<sup id="cite_ref-139" class="reference"><a href="#cite_note-139"><span class="cite-bracket">[</span>139<span class="cite-bracket">]</span></a></sup> Publisher <a href="Macmillan_Publishers" title="Macmillan Publishers">Macmillan</a> reacted to the ruling by the Emergency International Arbitral Tribunal by stating that it will ignore its provisions.<sup id="cite_ref-naughton-2025_140-0" class="reference"><a href="#cite_note-naughton-2025-140"><span class="cite-bracket">[</span>140<span class="cite-bracket">]</span></a></sup> As of 15 March 2025, hardback and digital versions of <i>Careless People</i> were being offered for sale by major online retailers.
</p>
<div class="mw-heading mw-heading2"><h2 id="Disinformation_concerns">Disinformation concerns</h2></div>
<p>Since its inception, Meta has been accused of being a host for fake news and misinformation.<sup id="cite_ref-141" class="reference"><a href="#cite_note-141"><span class="cite-bracket">[</span>141<span class="cite-bracket">]</span></a></sup> In the wake of the <a href="2016_United_States_presidential_election" title="2016 United States presidential election">2016 United States presidential election</a>, Zuckerberg began to take steps to eliminate the prevalence of fake news, as the platform had been criticized for its potential influence on the outcome of the election.<sup id="cite_ref-142" class="reference"><a href="#cite_note-142"><span class="cite-bracket">[</span>142<span class="cite-bracket">]</span></a></sup> The company initially partnered with <a href="ABC_News_(United_States)" title="ABC News (United States)">ABC News</a>, the <a href="Associated_Press" title="Associated Press">Associated Press</a>, <a href="FactCheck.org" title="FactCheck.org">FactCheck.org</a>, <a href="Snopes" title="Snopes">Snopes</a> and <a href="PolitiFact" title="PolitiFact">PolitiFact</a> for its <a href="Fact-checking" title="Fact-checking">fact-checking</a> initiative;<sup id="cite_ref-143" class="reference"><a href="#cite_note-143"><span class="cite-bracket">[</span>143<span class="cite-bracket">]</span></a></sup> as of 2018, it had over 40 fact-checking partners across the world, including <i><a href="The_Weekly_Standard" title="The Weekly Standard">The Weekly Standard</a></i>.<sup id="cite_ref-:g0_144-0" class="reference"><a href="#cite_note-:g0-144"><span class="cite-bracket">[</span>144<span class="cite-bracket">]</span></a></sup>
</p><p>A May 2017 review by <i><a href="The_Guardian" title="The Guardian">The Guardian</a></i> found that the platform's fact-checking initiatives of partnering with third-party fact-checkers and publicly flagging fake news were regularly ineffective, and appeared to be having minimal impact in some cases.<sup id="cite_ref-145" class="reference"><a href="#cite_note-145"><span class="cite-bracket">[</span>145<span class="cite-bracket">]</span></a></sup> In 2018, journalists working as fact-checkers for the company criticized the partnership, stating that it had produced minimal results and that the company had ignored their concerns.<sup id="cite_ref-:g0_144-1" class="reference"><a href="#cite_note-:g0-144"><span class="cite-bracket">[</span>144<span class="cite-bracket">]</span></a></sup>
</p><p>In 2024 Meta's decision to continue to disseminate a falsified video of <a href="President_of_the_United_States" title="President of the United States">US president</a> <a href="Joe_Biden" title="Joe Biden">Joe Biden</a>, even after it had been proven to be fake, attracted criticism and concern.<sup id="cite_ref-146" class="reference"><a href="#cite_note-146"><span class="cite-bracket">[</span>146<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-147" class="reference"><a href="#cite_note-147"><span class="cite-bracket">[</span>147<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="Misinformation_and_hate_speech">Misinformation and hate speech</h3></div>
<p>In January 2025, Meta ended its use of third-party fact-checkers in favor of a user-run <a href="Community_notes" class="mw-redirect" title="Community notes">community notes</a> system similar to the one used on X.<sup id="cite_ref-148" class="reference"><a href="#cite_note-148"><span class="cite-bracket">[</span>148<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-149" class="reference"><a href="#cite_note-149"><span class="cite-bracket">[</span>149<span class="cite-bracket">]</span></a></sup>
</p><p>While Zuckerberg supported these changes, saying that the amount of censorship on the platform was excessive, the decision received criticism by fact-checking institutions, stating that the changes would make it more difficult for users to identify misinformation.<sup id="cite_ref-150" class="reference"><a href="#cite_note-150"><span class="cite-bracket">[</span>150<span class="cite-bracket">]</span></a></sup> Meta also faced criticism for weakening its policies on hate speech that were designed to protect minorities and LGBTQ+ individuals from bullying and discrimination.<sup id="cite_ref-GLAAD_151-0" class="reference"><a href="#cite_note-GLAAD-151"><span class="cite-bracket">[</span>151<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Them_152-0" class="reference"><a href="#cite_note-Them-152"><span class="cite-bracket">[</span>152<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-404Media_153-0" class="reference"><a href="#cite_note-404Media-153"><span class="cite-bracket">[</span>153<span class="cite-bracket">]</span></a></sup> While moving its content review teams from California to Texas, Meta changed their hateful conduct policy to eliminate restrictions on anti-LGBT and anti-immigrant hate speech, as well as explicitly allowing users to accuse LGBT people of being mentally ill or abnormal based on their sexual orientation or gender identity.<sup id="cite_ref-154" class="reference"><a href="#cite_note-154"><span class="cite-bracket">[</span>154<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-155" class="reference"><a href="#cite_note-155"><span class="cite-bracket">[</span>155<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-156" class="reference"><a href="#cite_note-156"><span class="cite-bracket">[</span>156<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-157" class="reference"><a href="#cite_note-157"><span class="cite-bracket">[</span>157<span class="cite-bracket">]</span></a></sup>
</p><p>In January 2025, Meta faced significant criticism for its role in removing LGBTQ+ content from its platforms, amid its broader efforts to address anti-LGBTQ+ hate speech. The removal of LGBTQ+ themes was noted as part of the wider crackdown on content deemed to violate its community guidelines. Meta's content moderation policies, which were designed to combat harmful speech and protect users from discrimination, inadvertently led to the removal or restriction of LGBTQ+ content, particularly posts highlighting LGBTQ+ identities, support, or political issues. According to reports, LGBTQ+ posts, including those that simply celebrated pride or advocated for LGBTQ+ rights, were flagged and removed for reasons that some critics argue were vague or inconsistently applied. Many LGBTQ+ activists and users on Meta's platforms expressed concern that such actions stifled visibility and expression, potentially isolating LGBTQ+ individuals and communities, especially in spaces that were historically important for outreach and support.<sup id="cite_ref-GLAAD_151-1" class="reference"><a href="#cite_note-GLAAD-151"><span class="cite-bracket">[</span>151<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-404Media_153-1" class="reference"><a href="#cite_note-404Media-153"><span class="cite-bracket">[</span>153<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Them_152-1" class="reference"><a href="#cite_note-Them-152"><span class="cite-bracket">[</span>152<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Lawsuits">Lawsuits</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Lawsuits_involving_Meta_Platforms" title="Lawsuits involving Meta Platforms">Lawsuits involving Meta Platforms</a></div>
<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Content_moderation_and_working_conditions" class="mw-redirect" title="Content moderation and working conditions">Content moderation and working conditions</a></div>
<p>Numerous lawsuits have been filed against the company, both when it was known as Facebook, Inc., and as Meta Platforms.
</p><p>In March 2020, the Office of the <a href="Australian_Information_Commissioner" title="Australian Information Commissioner">Australian Information Commissioner</a> (OAIC) sued Facebook, for significant and persistent infringements of the rule on privacy involving the <a href="Facebook%E2%80%93Cambridge_Analytica_data_scandal" title="Facebook–Cambridge Analytica data scandal">Cambridge Analytica fiasco</a>. Every violation of the Privacy Act is subject to a theoretical cumulative liability of $1.7 million. The OAIC estimated that a total of 311,127 Australians had been exposed.<sup id="cite_ref-158" class="reference"><a href="#cite_note-158"><span class="cite-bracket">[</span>158<span class="cite-bracket">]</span></a></sup>
</p><p>On December 8, 2020, the U.S. <a href="Federal_Trade_Commission" title="Federal Trade Commission">Federal Trade Commission</a> and 46 states (excluding Alabama, Georgia, South Carolina, and South Dakota), the <a href="Washington%2C_D.C." title="Washington, D.C.">District of Columbia</a> and the territory of <a href="Guam" title="Guam">Guam</a>, launched <i><a href="Federal_Trade_Commission_v._Facebook" class="mw-redirect" title="Federal Trade Commission v. Facebook">Federal Trade Commission v. Facebook</a></i> as an antitrust lawsuit against Facebook. The lawsuit concerns Facebook's acquisition of two competitors—<a href="Instagram" title="Instagram">Instagram</a> and <a href="WhatsApp" title="WhatsApp">WhatsApp</a>—and the ensuing monopolistic situation. FTC alleges that Facebook holds monopolistic power in the U.S. social networking market and seeks to force the company to divest from Instagram and WhatsApp to break up the conglomerate.<sup id="cite_ref-159" class="reference"><a href="#cite_note-159"><span class="cite-bracket">[</span>159<span class="cite-bracket">]</span></a></sup> <a href="William_Kovacic" title="William Kovacic">William Kovacic</a>, a former chairman of the Federal Trade Commission, argued the case will be difficult to win as it would require the government to create a counterfactual argument of an internet where the Facebook-WhatsApp-Instagram entity did not exist, and prove that harmed competition or consumers.<sup id="cite_ref-160" class="reference"><a href="#cite_note-160"><span class="cite-bracket">[</span>160<span class="cite-bracket">]</span></a></sup>
</p><p>On December 24, 2021, a court in Russia fined Meta for $27 million after the company declined to remove unspecified banned content. The fine was reportedly tied to the company's annual revenue in the country.<sup id="cite_ref-161" class="reference"><a href="#cite_note-161"><span class="cite-bracket">[</span>161<span class="cite-bracket">]</span></a></sup>
</p><p>In May 2022, a lawsuit was filed in Kenya against Meta and its local outsourcing company <a href="Sama_(company)" title="Sama (company)">Sama</a>. Allegedly, Meta has poor working conditions in Kenya for <a href="Content_moderation" title="Content moderation">workers moderating</a> Facebook posts. According to the lawsuit, 260 screeners were declared redundant with confusing reasoning. The lawsuit seeks financial compensation and an order that outsourced moderators be given the same health benefits and pay scale as Meta employees.<sup id="cite_ref-162" class="reference"><a href="#cite_note-162"><span class="cite-bracket">[</span>162<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-163" class="reference"><a href="#cite_note-163"><span class="cite-bracket">[</span>163<span class="cite-bracket">]</span></a></sup>
</p><p>In June 2022, 8 lawsuits were filed across the U.S. over the allege that excessive exposure to platforms including Facebook and Instagram has led to attempted or actual suicides, eating disorders and sleeplessness, among other issues. The litigation follows a former Facebook employee's testimony in Congress that the company refused to take responsibility. The company noted that tools have been developed for parents to keep track of their children's activity on Instagram and set time limits, in addition to Meta's "Take a break" reminders. In addition, the company is providing resources specific to eating disorders as well as developing AI to prevent children under the age of 13 signing up for Facebook or Instagram.<sup id="cite_ref-164" class="reference"><a href="#cite_note-164"><span class="cite-bracket">[</span>164<span class="cite-bracket">]</span></a></sup>
</p><p>In June 2022, Meta settled a lawsuit with the <a href="United_States_Department_of_Justice" title="United States Department of Justice">US Department of Justice</a>. The lawsuit, which was filed in 2019, alleged that the company enabled housing discrimination through targeted advertising, as it allowed homeowners and landlords to run housing ads excluding people based on sex, race, religion, and other characteristics. The U.S. Department of Justice stated that this was in violation of the <a href="Fair_Housing_Act" class="mw-redirect" title="Fair Housing Act">Fair Housing Act</a>. Meta was handed a penalty of $115,054 and given until December 31, 2022, to shadow the algorithm tool.<sup id="cite_ref-165" class="reference"><a href="#cite_note-165"><span class="cite-bracket">[</span>165<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-166" class="reference"><a href="#cite_note-166"><span class="cite-bracket">[</span>166<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-167" class="reference"><a href="#cite_note-167"><span class="cite-bracket">[</span>167<span class="cite-bracket">]</span></a></sup>
</p><p>In January 2023, Meta was fined €390 million for violations of the European Union <a href="General_Data_Protection_Regulation" title="General Data Protection Regulation">General Data Protection Regulation</a>.<sup id="cite_ref-168" class="reference"><a href="#cite_note-168"><span class="cite-bracket">[</span>168<span class="cite-bracket">]</span></a></sup>
</p><p>In May 2023, the <a href="European_Data_Protection_Board" title="European Data Protection Board">European Data Protection Board</a> fined Meta a record €1.2 billion for breaching European Union data privacy laws by transferring personal data of Facebook users to servers in the U.S.<sup id="cite_ref-169" class="reference"><a href="#cite_note-169"><span class="cite-bracket">[</span>169<span class="cite-bracket">]</span></a></sup>
</p><p>In July 2024, Meta agreed to pay the state of <a href="Texas" title="Texas">Texas</a> <span style="white-space: nowrap">US$1.4 billion</span> to settle a lawsuit brought by Texas Attorney General <a href="Ken_Paxton" title="Ken Paxton">Ken Paxton</a> accusing the company of collecting users' <a href="Biometrics" title="Biometrics">biometric</a> data without consent, setting a record for the largest privacy-related settlement ever obtained by a state attorney general.<sup id="cite_ref-170" class="reference"><a href="#cite_note-170"><span class="cite-bracket">[</span>170<span class="cite-bracket">]</span></a></sup>
</p><p>In October 2024, Meta Platforms faced lawsuits in Japan from 30 plaintiffs who claimed they were defrauded by fake investment ads on Facebook and Instagram, featuring false celebrity endorsements. The plaintiffs are seeking approximately 2.8 million dollars in damages.<sup id="cite_ref-171" class="reference"><a href="#cite_note-171"><span class="cite-bracket">[</span>171<span class="cite-bracket">]</span></a></sup>
</p><p>In April 2025, the <a href="High_Court_(Kenya)" title="High Court (Kenya)">Kenyan High Court</a> ruled that a<span class="nowrap"> </span><span style="white-space: nowrap">US$2.4 billion</span> lawsuit in which three plaintiffs claim that Facebook inflamed civil violence in <a href="Ethiopia" title="Ethiopia">Ethiopia</a> in 2021 could proceed.<sup id="cite_ref-milmo-2025_172-0" class="reference"><a href="#cite_note-milmo-2025-172"><span class="cite-bracket">[</span>172<span class="cite-bracket">]</span></a></sup>
</p><p>In April 2025, Meta was fined 200 million euros ($230 million) for breaking the <a href="Digital_Markets_Act" title="Digital Markets Act">Digital Markets Act</a>, by imposing a “consent or pay” system that forces users to either allow their personal data to be used to target advertisements, or pay a subscription fee for advertising-free versions of <a href="Facebook" title="Facebook">Facebook</a> and <a href="Instagram" title="Instagram">Instagram</a>.<sup id="cite_ref-173" class="reference"><a href="#cite_note-173"><span class="cite-bracket">[</span>173<span class="cite-bracket">]</span></a></sup>
</p><p>In late April 2025, a case was filed against Meta in Ghana over the alleged psychological distress experienced by content moderators employed to take down disturbing social media content including depictions of murders, extreme violence and child sexual abuse.<sup id="cite_ref-174" class="reference"><a href="#cite_note-174"><span class="cite-bracket">[</span>174<span class="cite-bracket">]</span></a></sup> Meta moved the moderation service to the Ghanaian capital of Accra after legal issues in the previous location Kenya. The new moderation company is Teleperformance, a multinational corporation with a history of worker's rights violation.<sup id="cite_ref-:2_175-0" class="reference"><a href="#cite_note-:2-175"><span class="cite-bracket">[</span>175<span class="cite-bracket">]</span></a></sup> Reports suggests the conditions are worse here than in the previous Kenyan location, with many workers afraid of speaking out due to fear of returning to conflict zones. Workers reported developing mental illnesses, attempted suicides, and low pay.<sup id="cite_ref-:2_175-1" class="reference"><a href="#cite_note-:2-175"><span class="cite-bracket">[</span>175<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="UReputation">UReputation</h3></div>
<p>In 2020<sup id="cite_ref-176" class="reference"><a href="#cite_note-176"><span class="cite-bracket">[</span>176<span class="cite-bracket">]</span></a></sup>, the company UReputation, which had been involved in several cases concerning the management of digital armies<sup id="cite_ref-177" class="reference"><a href="#cite_note-177"><span class="cite-bracket">[</span>177<span class="cite-bracket">]</span></a></sup>, filed a lawsuit against Facebook, accusing it of unlawfully transmitting personal data to third parties. Legal actions were initiated in Tunisia, France, and the United States. In 2025, the United States District court for the Northern District of Georgia approved a discovery procedure, allowing UReputation to access documents and evidence held by Meta.<sup id="cite_ref-178" class="reference"><a href="#cite_note-178"><span class="cite-bracket">[</span>178<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-179" class="reference"><a href="#cite_note-179"><span class="cite-bracket">[</span>179<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Structure">Structure</h2></div>
<div class="mw-heading mw-heading3"><h3 id="Management">Management</h3></div>
<p>Meta's key management consists of:<sup id="cite_ref-fb_180-0" class="reference"><a href="#cite_note-fb-180"><span class="cite-bracket">[</span>180<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-181" class="reference"><a href="#cite_note-181"><span class="cite-bracket">[</span>181<span class="cite-bracket">]</span></a></sup>
</p>
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a>, <a href="Chairman" class="mw-redirect" title="Chairman">chairman</a> and <a href="Chief_executive_officer" title="Chief executive officer">chief executive officer</a></li>
<li><a href="Javier_Olivan" title="Javier Olivan">Javier Olivan</a>, <a href="Chief_operating_officer" title="Chief operating officer">chief operating officer</a></li>
<li><a href="Nick_Clegg" title="Nick Clegg">Sir Nick Clegg</a>, president, global affairs</li>
<li>Susan Li, <a href="Chief_financial_officer" title="Chief financial officer">chief financial officer</a></li>
<li><a href="Andrew_Bosworth" title="Andrew Bosworth">Andrew Bosworth</a>, <a href="Chief_technology_officer" title="Chief technology officer">chief technology officer</a></li>
<li><a href="David_Wehner" title="David Wehner">David Wehner</a>, chief strategy officer</li>
<li><a href="Chris_Cox_(Facebook)" class="mw-redirect" title="Chris Cox (Facebook)">Chris Cox</a>, <a href="Chief_product_officer" title="Chief product officer">chief product officer</a></li>
<li><a href="Jennifer_Gillian_Newstead" title="Jennifer Gillian Newstead">Jennifer Newstead</a>, <a href="Chief_legal_officer" class="mw-redirect" title="Chief legal officer">chief legal officer</a></li></ul>
<p>As of October 2022, Meta had 83,553 employees worldwide.
</p>
<div class="mw-heading mw-heading3"><h3 id="Board_of_directors">Board of directors</h3></div>
<p>As of June 2024, Meta's <a href="Board_of_directors" title="Board of directors">board</a> consisted of the following directors;<sup id="cite_ref-182" class="reference"><a href="#cite_note-182"><span class="cite-bracket">[</span>182<span class="cite-bracket">]</span></a></sup>
</p>
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a> (chairman, co-founder, controlling shareholder, and chief executive officer)</li>
<li>Peggy Alford (non-executive director, executive vice president, global sales, <a href="PayPal" title="PayPal">PayPal</a>)</li>
<li><a href="Marc_Andreessen" title="Marc Andreessen">Marc Andreessen</a> (non-executive director, co-founder and general partner, <a href="Andreessen_Horowitz" title="Andreessen Horowitz">Andreessen Horowitz</a>)</li>
<li><a href="Drew_Houston" title="Drew Houston">Drew Houston</a> (non-executive director, chairman and chief executive officer, <a href="Dropbox_(service)" class="mw-redirect" title="Dropbox (service)">Dropbox</a>)</li>
<li><a href="Nancy_Killefer" title="Nancy Killefer">Nancy Killefer</a> (non-executive director, senior partner, <a href="McKinsey_%26_Company" title="McKinsey & Company">McKinsey & Company</a>)</li>
<li><a href="Robert_M._Kimmitt" title="Robert M. Kimmitt">Robert M. Kimmitt</a> (non-executive director, senior international counsel, <a href="Wilmer_Cutler_Pickering_Hale_and_Dorr" title="Wilmer Cutler Pickering Hale and Dorr">WilmerHale</a>)</li>
<li>Tracey Travis (non-executive director, executive vice president, chief financial officer, <a href="Est%C3%A9e_Lauder_Companies" class="mw-redirect" title="Estée Lauder Companies">Estée Lauder Companies</a>)</li>
<li><a href="Tony_Xu" title="Tony Xu">Tony Xu</a> (non-executive director, chairman and chief executive officer, <a href="DoorDash" title="DoorDash">DoorDash</a>)</li>
<li><a href="Hock_Tan" title="Hock Tan">Hock Tan</a> (CEO of <a href="Broadcom" title="Broadcom">Broadcom</a>) <sup id="cite_ref-Vanian_183-0" class="reference"><a href="#cite_note-Vanian-183"><span class="cite-bracket">[</span>183<span class="cite-bracket">]</span></a></sup></li>
<li><a href="John_D._Arnold" title="John D. Arnold">John D. Arnold</a> (former <a href="Enron" title="Enron">Enron</a> executive) <sup id="cite_ref-Vanian_183-1" class="reference"><a href="#cite_note-Vanian-183"><span class="cite-bracket">[</span>183<span class="cite-bracket">]</span></a></sup></li>
<li><a href="Dana_White" title="Dana White">Dana White</a> (non-executive director, president and CEO of <a href="Ultimate_Fighting_Championship" title="Ultimate Fighting Championship">UFC</a>)<sup id="cite_ref-184" class="reference"><a href="#cite_note-184"><span class="cite-bracket">[</span>184<span class="cite-bracket">]</span></a></sup></li>
<li><a href="John_Elkann" title="John Elkann">John Elkann</a> (<a href="Stellantis" title="Stellantis">Stellantis</a> chairman, and <a href="Exor_(company)" title="Exor (company)">Exor</a> CEO)<sup id="cite_ref-185" class="reference"><a href="#cite_note-185"><span class="cite-bracket">[</span>185<span class="cite-bracket">]</span></a></sup></li>
<li>Charlie Songhurst<sup id="cite_ref-186" class="reference"><a href="#cite_note-186"><span class="cite-bracket">[</span>186<span class="cite-bracket">]</span></a></sup></li></ul>
<div class="mw-heading mw-heading3"><h3 id="Ownership">Ownership</h3></div>
<p>Meta Platforms is mainly owned by institutional investors, who hold around 80% of all shares.<sup id="cite_ref-:3_187-0" class="reference"><a href="#cite_note-:3-187"><span class="cite-bracket">[</span>187<span class="cite-bracket">]</span></a></sup> Insiders control the majority of voting Shares. The three largest individual investors in 2024 were Mark Zuckerberg, Sheryl Sandberg and Christopher K. Cox.<sup id="cite_ref-:5_188-0" class="reference"><a href="#cite_note-:5-188"><span class="cite-bracket">[</span>188<span class="cite-bracket">]</span></a></sup>
</p><p>The largest shareholders in late 2024/early 2025 were:<sup id="cite_ref-:3_187-1" class="reference"><a href="#cite_note-:3-187"><span class="cite-bracket">[</span>187<span class="cite-bracket">]</span></a></sup>
</p>
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a> (13.5%)<sup id="cite_ref-:5_188-1" class="reference"><a href="#cite_note-:5-188"><span class="cite-bracket">[</span>188<span class="cite-bracket">]</span></a></sup></li>
<li><a href="The_Vanguard_Group" title="The Vanguard Group">The Vanguard Group</a> (8.8%)</li>
<li><a href="BlackRock" title="BlackRock">BlackRock</a> (7.66%)</li>
<li><a href="Fidelity_Investments" title="Fidelity Investments">Fidelity Investments</a> (6.28%)</li>
<li><a href="State_Street_Corporation" title="State Street Corporation">State Street Corporation</a> (3.97%)</li>
<li><a href="JPMorgan_Chase" title="JPMorgan Chase">JPMorgan Chase</a> (2.38%)</li>
<li><a href="Geode_Capital_Management" title="Geode Capital Management">Geode Capital Management</a> (2.27%)</li>
<li><a href="T._Rowe_Price" title="T. Rowe Price">T. Rowe Price</a> (1.95%)</li>
<li><a href="Capital_World_Investors" class="mw-redirect" title="Capital World Investors">Capital World Investors</a> (1.86%)</li>
<li><a href="Capital_Research_%26_Management" class="mw-redirect" title="Capital Research & Management">Capital Research Global Investors</a> (1.7%)</li>
<li><a href="Morgan_Stanley" title="Morgan Stanley">Morgan Stanley</a> (1.66%)</li></ul>
<div class="mw-heading mw-heading3"><h3 id="Company_governance">Company governance</h3></div>
<p><a href="Roger_McNamee" title="Roger McNamee">Roger McNamee</a>, an early Facebook investor and Zuckerberg's former mentor, said Facebook had "the most centralized decision-making structure I have ever encountered in a large company".<sup id="cite_ref-189" class="reference"><a href="#cite_note-189"><span class="cite-bracket">[</span>189<span class="cite-bracket">]</span></a></sup>
</p><p>Facebook co-founder Chris Hughes has stated that chief executive officer Mark Zuckerberg has too much power, that the company is now a monopoly, and that, as a result, it should be split into multiple smaller companies. In an <a href="Op-ed" title="Op-ed">op-ed</a> in <i>The New York Times</i>, Hughes said he was concerned that Zuckerberg had surrounded himself with a team that did not challenge him, and that it is the U.S. government's job to hold him accountable and curb his "unchecked power".<sup id="cite_ref-190" class="reference"><a href="#cite_note-190"><span class="cite-bracket">[</span>190<span class="cite-bracket">]</span></a></sup> He also said that "Mark's power is unprecedented and un-American."<sup id="cite_ref-191" class="reference"><a href="#cite_note-191"><span class="cite-bracket">[</span>191<span class="cite-bracket">]</span></a></sup> Several U.S. politicians agreed with Hughes.<sup id="cite_ref-192" class="reference"><a href="#cite_note-192"><span class="cite-bracket">[</span>192<span class="cite-bracket">]</span></a></sup> European Union <a href="European_Commissioner_for_Competition" class="mw-redirect" title="European Commissioner for Competition">Commissioner for Competition</a> Margrethe Vestager stated that splitting Facebook should be done only as "a remedy of the very last resort", and that it would not solve Facebook's underlying problems.<sup id="cite_ref-193" class="reference"><a href="#cite_note-193"><span class="cite-bracket">[</span>193<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Revenue">Revenue</h2></div>
<table class="wikitable sortable floatright" style="text-align:right;">
<caption>Revenue<br><small>(in millions <a href="United_States_dollar" title="United States dollar">USD</a>)</small>
</caption>
<tbody><tr>
<th>Year</th>
<th>Revenue $</th>
<th>Growth (%)
</th></tr>
<tr>
<td>2004</td>
<td>$<span data-sort-value="6999400000000000000♠">0.4</span><sup id="cite_ref-facebook-ipo_194-0" class="reference"><a href="#cite_note-facebook-ipo-194"><span class="cite-bracket">[</span>194<span class="cite-bracket">]</span></a></sup></td>
<td style="text-align:center;">—
</td></tr>
<tr>
<td>2005</td>
<td><span data-sort-value="7000900000000000000♠">9</span><sup id="cite_ref-facebook-ipo_194-1" class="reference"><a href="#cite_note-facebook-ipo-194"><span class="cite-bracket">[</span>194<span class="cite-bracket">]</span></a></sup></td>
<td>2150
</td></tr>
<tr>
<td>2006</td>
<td><span data-sort-value="7001480000000000000♠">48</span><sup id="cite_ref-facebook-ipo_194-2" class="reference"><a href="#cite_note-facebook-ipo-194"><span class="cite-bracket">[</span>194<span class="cite-bracket">]</span></a></sup></td>
<td>433
</td></tr>
<tr>
<td>2007</td>
<td><span data-sort-value="7002153000000000000♠">153</span><sup id="cite_ref-facebook-ipo_194-3" class="reference"><a href="#cite_note-facebook-ipo-194"><span class="cite-bracket">[</span>194<span class="cite-bracket">]</span></a></sup></td>
<td>219
</td></tr>
<tr>
<td>2008</td>
<td><span data-sort-value="7002280000000000000♠">280</span><sup id="cite_ref-turns-down_195-0" class="reference"><a href="#cite_note-turns-down-195"><span class="cite-bracket">[</span>195<span class="cite-bracket">]</span></a></sup></td>
<td>83
</td></tr>
<tr>
<td>2009</td>
<td><span data-sort-value="7002775000000000000♠">775</span><sup id="cite_ref-reported_196-0" class="reference"><a href="#cite_note-reported-196"><span class="cite-bracket">[</span>196<span class="cite-bracket">]</span></a></sup></td>
<td>177
</td></tr>
<tr>
<td>2010</td>
<td><span data-sort-value="7003200000000000000♠">2,000</span><sup id="cite_ref-likely_197-0" class="reference"><a href="#cite_note-likely-197"><span class="cite-bracket">[</span>197<span class="cite-bracket">]</span></a></sup></td>
<td>158
</td></tr>
<tr>
<td>2011</td>
<td><span data-sort-value="7003371100000000000♠">3,711</span><sup id="cite_ref-198" class="reference"><a href="#cite_note-198"><span class="cite-bracket">[</span>198<span class="cite-bracket">]</span></a></sup></td>
<td>86
</td></tr>
<tr>
<td>2012</td>
<td><span data-sort-value="7003508900000000000♠">5,089</span><sup id="cite_ref-fb2013annual_199-0" class="reference"><a href="#cite_note-fb2013annual-199"><span class="cite-bracket">[</span>199<span class="cite-bracket">]</span></a></sup></td>
<td>37
</td></tr>
<tr>
<td>2013</td>
<td><span data-sort-value="7003787200000000000♠">7,872</span><sup id="cite_ref-fb2013annual_199-1" class="reference"><a href="#cite_note-fb2013annual-199"><span class="cite-bracket">[</span>199<span class="cite-bracket">]</span></a></sup></td>
<td>55
</td></tr>
<tr>
<td>2014</td>
<td><span data-sort-value="7004124660000000000♠">12,466</span><sup id="cite_ref-fb2014annual_200-0" class="reference"><a href="#cite_note-fb2014annual-200"><span class="cite-bracket">[</span>200<span class="cite-bracket">]</span></a></sup></td>
<td>58
</td></tr>
<tr>
<td>2015</td>
<td><span data-sort-value="7004179280000000000♠">17,928</span><sup id="cite_ref-fb2015annual_201-0" class="reference"><a href="#cite_note-fb2015annual-201"><span class="cite-bracket">[</span>201<span class="cite-bracket">]</span></a></sup></td>
<td>44
</td></tr>
<tr>
<td>2016</td>
<td><span data-sort-value="7004276380000000000♠">27,638</span><sup id="cite_ref-AnnualReport2016_202-0" class="reference"><a href="#cite_note-AnnualReport2016-202"><span class="cite-bracket">[</span>202<span class="cite-bracket">]</span></a></sup></td>
<td>54
</td></tr>
<tr>
<td>2017</td>
<td><span data-sort-value="7004406530000000000♠">40,653</span><sup id="cite_ref-fb2017annuall_203-0" class="reference"><a href="#cite_note-fb2017annuall-203"><span class="cite-bracket">[</span>203<span class="cite-bracket">]</span></a></sup></td>
<td>47
</td></tr>
<tr>
<td>2018</td>
<td><span data-sort-value="7004558380000000000♠">55,838</span><sup id="cite_ref-autogenerated1_204-0" class="reference"><a href="#cite_note-autogenerated1-204"><span class="cite-bracket">[</span>204<span class="cite-bracket">]</span></a></sup></td>
<td>37
</td></tr>
<tr>
<td>2019</td>
<td><span data-sort-value="7004706970000000000♠">70,697</span><sup id="cite_ref-autogenerated1_204-1" class="reference"><a href="#cite_note-autogenerated1-204"><span class="cite-bracket">[</span>204<span class="cite-bracket">]</span></a></sup></td>
<td>27
</td></tr>
<tr>
<td>2020</td>
<td><span data-sort-value="7004859650000000000♠">85,965</span><sup id="cite_ref-205" class="reference"><a href="#cite_note-205"><span class="cite-bracket">[</span>205<span class="cite-bracket">]</span></a></sup></td>
<td>22
</td></tr>
<tr>
<td>2021</td>
<td><span data-sort-value="7005117929000000000♠">117,929</span><sup id="cite_ref-206" class="reference"><a href="#cite_note-206"><span class="cite-bracket">[</span>206<span class="cite-bracket">]</span></a></sup></td>
<td>37
</td></tr>
<tr>
<td>2022</td>
<td><span data-sort-value="7005116609000000000♠">116,609</span><sup id="cite_ref-Annual10K2022_207-0" class="reference"><a href="#cite_note-Annual10K2022-207"><span class="cite-bracket">[</span>207<span class="cite-bracket">]</span></a></sup></td>
<td>-1
</td></tr>
<tr>
<td>2023</td>
<td><span data-sort-value="7005134902000000000♠">134,902</span><sup id="cite_ref-Annual10K2023_208-0" class="reference"><a href="#cite_note-Annual10K2023-208"><span class="cite-bracket">[</span>208<span class="cite-bracket">]</span></a></sup></td>
<td>16
</td></tr>
<tr>
<td>2024</td>
<td><span data-sort-value="7005164501000000000♠">164,501</span><sup id="cite_ref-Annual10K2024_7-1" class="reference"><a href="#cite_note-Annual10K2024-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup></td>
<td>22
</td></tr></tbody></table>
<p>Facebook ranked No. 34 in the 2020 <a href="Fortune_500" title="Fortune 500">Fortune 500</a> list of the largest United States corporations by revenue, with almost $86 billion in revenue<sup id="cite_ref-209" class="reference"><a href="#cite_note-209"><span class="cite-bracket">[</span>209<span class="cite-bracket">]</span></a></sup> most of it coming from advertising.<sup id="cite_ref-210" class="reference"><a href="#cite_note-210"><span class="cite-bracket">[</span>210<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-211" class="reference"><a href="#cite_note-211"><span class="cite-bracket">[</span>211<span class="cite-bracket">]</span></a></sup> One analysis of 2017 data determined that the company earned <span style="white-space: nowrap">US$20.21</span> per user from advertising.<sup id="cite_ref-212" class="reference"><a href="#cite_note-212"><span class="cite-bracket">[</span>212<span class="cite-bracket">]</span></a></sup>
</p><p>According to <a href="New_York_(magazine)" title="New York (magazine)"><i>New York</i></a>, since its rebranding, Meta has reportedly lost $500 billion as a result of new privacy measures put in place by companies such as Apple and Google which prevents Meta from gathering users' data.<sup id="cite_ref-213" class="reference"><a href="#cite_note-213"><span class="cite-bracket">[</span>213<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-214" class="reference"><a href="#cite_note-214"><span class="cite-bracket">[</span>214<span class="cite-bracket">]</span></a></sup>
</p>
<table class="wikitable">
<caption>Revenue by market (2024)<sup id="cite_ref-215" class="reference"><a href="#cite_note-215"><span class="cite-bracket">[</span>215<span class="cite-bracket">]</span></a></sup>
</caption>
<tbody><tr>
<th>Market
</th>
<th>Revenue
</th>
<th>Share
</th></tr>
<tr>
<td>United States
</td>
<td>$59.7 bn.
</td>
<td>36.3%
</td></tr>
<tr>
<td>Europe
</td>
<td>$38.4 bn.
</td>
<td>23.3%
</td></tr>
<tr>
<td>Asia-Pacific (excl. China)
</td>
<td>$26.7 bn.
</td>
<td>16.2%
</td></tr>
<tr>
<td>China
</td>
<td>$18.4 bn.
</td>
<td>11.2%
</td></tr>
<tr>
<td>Rest of the World
</td>
<td>$17.9 bn.
</td>
<td>10.9%
</td></tr>
<tr>
<td>Canada
</td>
<td>$3.5 bn.
</td>
<td>2.1%
</td></tr></tbody></table>
<div class="mw-heading mw-heading3"><h3 id="Number_of_advertisers">Number of advertisers</h3></div>
<p>In February 2015, <a href="Facebook" title="Facebook">Facebook</a> announced it had reached two million active advertisers, with most of the gain coming from small businesses. An active advertiser was defined as an entity that had advertised on the Facebook platform in the last 28 days.<sup id="cite_ref-216" class="reference"><a href="#cite_note-216"><span class="cite-bracket">[</span>216<span class="cite-bracket">]</span></a></sup> In March 2016, Facebook announced it had reached three million active advertisers with more than 70% from outside the United States.<sup id="cite_ref-217" class="reference"><a href="#cite_note-217"><span class="cite-bracket">[</span>217<span class="cite-bracket">]</span></a></sup> Prices for advertising follow a variable pricing model based on auctioning ad placements, and potential engagement levels of the advertisement itself. Similar to other online advertising platforms like Google and Twitter, targeting of advertisements is one of the chief merits of digital advertising compared to <a href="Advertising#Traditional_media" title="Advertising">traditional media</a>. Marketing on Meta is employed through two methods based on the viewing habits, likes and shares, and purchasing data of the audience, namely targeted audiences and "look alike" audiences.<sup id="cite_ref-218" class="reference"><a href="#cite_note-218"><span class="cite-bracket">[</span>218<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="Tax_affairs">Tax affairs</h3></div>
<div role="note" class="hatnote navigation-not-searchable">See also: <a href="Corporation_tax_in_the_Republic_of_Ireland#Multinational_tax_schemes" title="Corporation tax in the Republic of Ireland">Corporation tax in the Republic of Ireland § Multinational tax schemes</a>, and <a href="Double_Irish_arrangement#Effect_of_Tax_Cuts_and_Jobs_Act" title="Double Irish arrangement">Double Irish arrangement § Effect of Tax Cuts and Jobs Act</a></div>
<p>The U.S. IRS challenged the valuation Facebook used when it transferred IP from the U.S. to Facebook Ireland (now Meta Platforms Ireland) in 2010 (which Facebook Ireland then revalued higher before charging out), as it was building its <a href="Double_Irish" class="mw-redirect" title="Double Irish">double Irish</a> tax structure.<sup id="cite_ref-219" class="reference"><a href="#cite_note-219"><span class="cite-bracket">[</span>219<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-220" class="reference"><a href="#cite_note-220"><span class="cite-bracket">[</span>220<span class="cite-bracket">]</span></a></sup> The case is ongoing and Meta faces a potential fine of $3–5bn.<sup id="cite_ref-221" class="reference"><a href="#cite_note-221"><span class="cite-bracket">[</span>221<span class="cite-bracket">]</span></a></sup>
</p><p>The U.S. <a href="Tax_Cuts_and_Jobs_Act_of_2017" class="mw-redirect" title="Tax Cuts and Jobs Act of 2017">Tax Cuts and Jobs Act of 2017</a> changed Facebook's global tax calculations. Meta Platforms Ireland is subject to the U.S. GILTI tax of 10.5% on global intangible profits (i.e. Irish profits). On the basis that Meta Platforms Ireland Limited is paying some tax, the effective minimum US tax for Facebook Ireland will be circa 11%. In contrast, Meta Platforms Inc. would incur a special IP tax rate of 13.125% (the FDII rate) if its Irish business relocated to the U.S. Tax relief in the U.S. (21% vs. Irish at the GILTI rate) and accelerated capital expensing, would make this effective U.S. rate around 12%.<sup id="cite_ref-222" class="reference"><a href="#cite_note-222"><span class="cite-bracket">[</span>222<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-223" class="reference"><a href="#cite_note-223"><span class="cite-bracket">[</span>223<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-224" class="reference"><a href="#cite_note-224"><span class="cite-bracket">[</span>224<span class="cite-bracket">]</span></a></sup>
</p><p>The insignificance of the U.S./Irish tax difference was demonstrated when Facebook moved 1.5bn non-EU accounts to the U.S. to limit exposure to <a href="GDPR" class="mw-redirect" title="GDPR">GDPR</a>.<sup id="cite_ref-reuters_225-0" class="reference"><a href="#cite_note-reuters-225"><span class="cite-bracket">[</span>225<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-226" class="reference"><a href="#cite_note-226"><span class="cite-bracket">[</span>226<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Facilities">Facilities</h2></div>
<div class="mw-heading mw-heading3"><h3 id="Offices">Offices</h3></div>
<p>Users outside of the U.S. and Canada contract with Meta's Irish subsidiary, Meta Platforms Ireland Limited (formerly <i>Facebook Ireland Limited</i>), allowing Meta to avoid US taxes for all users in Europe, Asia, Australia, Africa and South America. Meta is making use of the <a href="Double_Irish_arrangement" title="Double Irish arrangement">Double Irish arrangement</a> which allows it to pay 2–3% corporation tax on all international revenue.<sup id="cite_ref-bloom2010_227-0" class="reference"><a href="#cite_note-bloom2010-227"><span class="cite-bracket">[</span>227<span class="cite-bracket">]</span></a></sup> In 2010, Facebook opened its fourth office, in <a href="Hyderabad%2C_India" class="mw-redirect" title="Hyderabad, India">Hyderabad</a>, India,<sup id="cite_ref-228" class="reference"><a href="#cite_note-228"><span class="cite-bracket">[</span>228<span class="cite-bracket">]</span></a></sup> which houses online advertising and developer support teams and provides support to users and advertisers.<sup id="cite_ref-229" class="reference"><a href="#cite_note-229"><span class="cite-bracket">[</span>229<span class="cite-bracket">]</span></a></sup> In India, Meta is registered as Facebook India Online Services Pvt Ltd.<sup id="cite_ref-230" class="reference"><a href="#cite_note-230"><span class="cite-bracket">[</span>230<span class="cite-bracket">]</span></a></sup> It also has support centers in <a href="Chittagong" title="Chittagong">Chittagong</a>; <a href="Dublin" title="Dublin">Dublin</a>; <a href="California" title="California">California</a>; <a href="Ireland" title="Ireland">Ireland</a>; and <a href="Austin%2C_Texas" title="Austin, Texas">Austin, Texas</a>.<sup id="cite_ref-auto5_231-0" class="reference"><a href="#cite_note-auto5-231"><span class="cite-bracket">[</span>231<span class="cite-bracket">]</span></a></sup>
</p><p>Facebook opened its London headquarters in 2017 in Fitzrovia in <a href="Central_London" title="Central London">central London</a>. Facebook opened an office in <a href="Cambridge%2C_Massachusetts" title="Cambridge, Massachusetts">Cambridge, Massachusetts</a> in 2018. The offices were initially home to the "Connectivity Lab", a group focused on bringing Internet access to those who do not have access to the Internet.<sup id="cite_ref-232" class="reference"><a href="#cite_note-232"><span class="cite-bracket">[</span>232<span class="cite-bracket">]</span></a></sup> In April 2019, Facebook opened its <a href="Taiwan" title="Taiwan">Taiwan</a> headquarters in <a href="Taipei" title="Taipei">Taipei</a>.<sup id="cite_ref-233" class="reference"><a href="#cite_note-233"><span class="cite-bracket">[</span>233<span class="cite-bracket">]</span></a></sup>
</p><p>In March 2022, Meta opened new regional headquarters in <a href="Dubai" title="Dubai">Dubai</a>.<sup id="cite_ref-234" class="reference"><a href="#cite_note-234"><span class="cite-bracket">[</span>234<span class="cite-bracket">]</span></a></sup>
</p><p>In September 2023, it was reported that Meta had paid £149m to <a href="British_Land" title="British Land">British Land</a> to break the lease on Triton Square London office. Meta reportedly had another 18 years left on its lease on the site.<sup id="cite_ref-235" class="reference"><a href="#cite_note-235"><span class="cite-bracket">[</span>235<span class="cite-bracket">]</span></a></sup>
</p>
<ul style="float:left; margin:0em 0.5em 0em 0em;" class="gallery mw-gallery-traditional">
<li class="gallerybox" style="width: 260px">
<div class="thumb" style="width: 255px; height: 180px;"><span typeof="mw:File"></span></div>
<div class="gallerytext">Entrance to Meta's headquarters complex in <a href="Menlo_Park%2C_California" title="Menlo Park, California">Menlo Park, California</a></div>
</li>
</ul>
<ul style="float:left; margin:0em 0.5em 0em 0em;" class="gallery mw-gallery-traditional">
<li class="gallerybox" style="width: 310px">
<div class="thumb" style="width: 305px; height: 180px;"><span typeof="mw:File"></span></div>
<div class="gallerytext">Entrance to Facebook's previous headquarters in the <a href="Stanford_Research_Park" title="Stanford Research Park">Stanford Research Park</a>, <a href="Palo_Alto%2C_California" title="Palo Alto, California">Palo Alto</a>, <a href="California" title="California">California</a></div>
</li>
</ul>
<ul style="float:left; margin:0em 0.5em 0em 0em;" class="gallery mw-gallery-traditional">
<li class="gallerybox" style="width: 585px">
<div class="thumb" style="width: 580px; height: 180px;"><span typeof="mw:File"></span></div>
<div class="gallerytext">Facebook headquarters in 2014</div>
</li>
</ul>
<div style="clear:both;" class=""></div>
<div class="mw-heading mw-heading3"><h3 id="Data_centers">Data centers</h3></div>
<p>As of 2023, Facebook operated 21 data centers.<sup id="cite_ref-236" class="reference"><a href="#cite_note-236"><span class="cite-bracket">[</span>236<span class="cite-bracket">]</span></a></sup> It committed to purchase 100% renewable energy and to reduce its greenhouse gas emissions 75% by 2020.<sup id="cite_ref-237" class="reference"><a href="#cite_note-237"><span class="cite-bracket">[</span>237<span class="cite-bracket">]</span></a></sup> Its data center technologies include Fabric Aggregator, a distributed network system that accommodates larger regions and varied traffic patterns.<sup id="cite_ref-:4_238-0" class="reference"><a href="#cite_note-:4-238"><span class="cite-bracket">[</span>238<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Reception">Reception</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Further information: <a href="Criticism_of_Facebook" title="Criticism of Facebook">Criticism of Facebook</a>, <a href="Privacy_concerns_with_Facebook" title="Privacy concerns with Facebook">Privacy concerns with Facebook</a>, and <a href="Censorship_by_Facebook" title="Censorship by Facebook">Censorship by Facebook</a></div>
<p>US Representative <a href="Alexandria_Ocasio-Cortez" title="Alexandria Ocasio-Cortez">Alexandria Ocasio-Cortez</a> responded in a tweet to Zuckerberg's announcement about Meta, saying: "Meta as in 'we are a cancer to democracy metastasizing into a global surveillance and propaganda machine for boosting authoritarian regimes and destroying civil society ... for profit!<span style="padding-right:.15em;">'</span>"<sup id="cite_ref-239" class="reference"><a href="#cite_note-239"><span class="cite-bracket">[</span>239<span class="cite-bracket">]</span></a></sup>
</p><p>Ex-Facebook employee <a href="Frances_Haugen" title="Frances Haugen">Frances Haugen</a> and whistleblower behind the <a href="Facebook_Papers" class="mw-redirect" title="Facebook Papers">Facebook Papers</a> responded to the rebranding efforts by expressing doubts about the company's ability to improve while led by <a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a>, and urged the chief executive officer to resign.<sup id="cite_ref-240" class="reference"><a href="#cite_note-240"><span class="cite-bracket">[</span>240<span class="cite-bracket">]</span></a></sup>
</p><p>In November 2021, a video published by Inspired by Iceland went viral, in which a Zuckerberg look-alike promoted the Icelandverse, a place of "enhanced actual reality without silly looking headsets".<sup id="cite_ref-241" class="reference"><a href="#cite_note-241"><span class="cite-bracket">[</span>241<span class="cite-bracket">]</span></a></sup>
</p><p>In a December 2021 interview, SpaceX and Tesla chief executive officer <a href="Elon_Musk" title="Elon Musk">Elon Musk</a> said he could not see a compelling use-case for the VR-driven metaverse, adding: "I don't see someone strapping a frigging screen to their face all day."<sup id="cite_ref-242" class="reference"><a href="#cite_note-242"><span class="cite-bracket">[</span>242<span class="cite-bracket">]</span></a></sup>
</p><p>In January 2022, Louise Eccles of <i><a href="The_Sunday_Times" title="The Sunday Times">The Sunday Times</a></i> logged into the metaverse with the intention of making a video guide. She wrote:
</p>
<style data-mw-deduplicate="TemplateStyles:r1244412712">
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</style><blockquote class="templatequote"><p>Initially, my experience with the Oculus went well. I attended work meetings as an avatar and tried an exercise class set in the streets of Paris. The headset enabled me to feel the thrill of carving down mountains on a snowboard and the adrenaline rush of climbing a mountain without ropes. Yet switching to the social apps, where you mingle with strangers also using VR headsets, it was at times predatory and vile.</p></blockquote>
<p>Eccles described being <a href="Sexually_harassed" class="mw-redirect" title="Sexually harassed">sexually harassed</a> by another user, as well as "accents from all over the world, American, Indian, English, Australian, using racist, sexist, homophobic and transphobic language". She also encountered users as young as 7 years old on the platform, despite Oculus headsets being intended for users over 13.<sup id="cite_ref-243" class="reference"><a href="#cite_note-243"><span class="cite-bracket">[</span>243<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2></div>
<ul><li><a href="Big_Tech" title="Big Tech">Big Tech</a> – Largest technology companies</li>
<li><a href="Criticism_of_Facebook" title="Criticism of Facebook">Criticism of Facebook</a></li>
<li><a href="Facebook%E2%80%93Cambridge_Analytica_data_scandal" title="Facebook–Cambridge Analytica data scandal">Facebook–Cambridge Analytica data scandal</a> – 2010s social media data misuse</li>
<li><a href="2021_Facebook_leak" title="2021 Facebook leak">2021 Facebook leak</a> – Document leak regarding harm done by social networks</li>
<li><a href="Meta_AI" title="Meta AI">Meta AI</a> – Artificial intelligence division of Meta Platforms</li>
<li><a href="The_Social_Network" title="The Social Network"><i>The Social Network</i></a> – 2010 film by David Fincher</li></ul>
<div class="mw-heading mw-heading2"><h2 id="References">References</h2></div>
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<li id="cite_note-240"><span class="mw-cite-backlink"><b><a href="#cite_ref-240">^</a></b></span> <span class="reference-text"><cite id="CITEREFDemonyLaudette2021" class="citation news cs1">Demony, Catarina; Laudette, Clara-Laeila (November 2, 2021). <a rel="nofollow" class="external text" href="https://www.reuters.com/technology/facebook-whistleblower-haugen-sees-no-sense-meta-rebrand-2021-11-01/">"Facebook whistleblower Haugen urges Zuckerberg to step down"</a>. <i><a href="Reuters" title="Reuters">Reuters</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20211104010643/https://www.reuters.com/technology/facebook-whistleblower-haugen-sees-no-sense-meta-rebrand-2021-11-01/">Archived</a> from the original on November 4, 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">November 22,</span> 2021</span>.</cite></span>
</li>
<li id="cite_note-241"><span class="mw-cite-backlink"><b><a href="#cite_ref-241">^</a></b></span> <span class="reference-text"><cite id="CITEREFPitrelli2021" class="citation web cs1">Pitrelli, Monica Buchanan (November 12, 2021). <a rel="nofollow" class="external text" href="https://www.cnbc.com/2021/11/12/iceland-parodies-zuckerberg-meta-announcement-in-viral-tourism-video-.html">"Iceland takes a swipe at Zuckerberg's 'Meta' announcement in new viral tourism video"</a>. <i><a href="CNBC" title="CNBC">CNBC</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20211126115948/https://www.cnbc.com/2021/11/12/iceland-parodies-zuckerberg-meta-announcement-in-viral-tourism-video-.html">Archived</a> from the original on November 26, 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">November 28,</span> 2021</span>.</cite></span>
</li>
<li id="cite_note-242"><span class="mw-cite-backlink"><b><a href="#cite_ref-242">^</a></b></span> <span class="reference-text"><cite id="CITEREFVincent2021" class="citation web cs1">Vincent, James (December 22, 2021). <a rel="nofollow" class="external text" href="https://www.theverge.com/2021/12/22/22849717/elon-musk-metaverse-web3-more-marketing-than-reality">"Elon Musk: metaverse isn't 'compelling' and Web3 'more marketing than reality'"</a>. <i><a href="The_Verge" title="The Verge">The Verge</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20211223161935/https://www.theverge.com/2021/12/22/22849717/elon-musk-metaverse-web3-more-marketing-than-reality">Archived</a> from the original on December 23, 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">December 26,</span> 2021</span>.</cite></span>
</li>
<li id="cite_note-243"><span class="mw-cite-backlink"><b><a href="#cite_ref-243">^</a></b></span> <span class="reference-text"><cite id="CITEREFEccles2022" class="citation news cs1">Eccles, Louise (January 22, 2022). <a rel="nofollow" class="external text" href="https://www.thetimes.com/uk/social-media/article/my-journey-into-the-metaverse-already-a-home-to-sex-predators-sdkms5nd3">"My journey into the metaverse — already a home to sex predators"</a>. <i><a href="The_Sunday_Times" title="The Sunday Times">The Sunday Times</a></i>. <a href="ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/0140-0460">0140-0460</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20220123081154/https://www.thetimes.co.uk/article/my-journey-into-the-metaverse-already-a-home-to-sex-predators-sdkms5nd3">Archived</a> from the original on January 23, 2022<span class="reference-accessdate">. Retrieved <span class="nowrap">January 23,</span> 2022</span>.</cite></span>
</li>
</ol></div>
<div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2></div>
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<div class="side-box-text plainlist">Wikimedia Commons has media related to <span style="font-weight: bold; font-style: italic;"><a href="https://commons.wikimedia.org/wiki/Category:Meta_Platforms,_Inc." class="extiw external" title="commons:Category:Meta Platforms, Inc.">Meta Platforms, Inc.</a></span>.</div></div>
</div>
<ul><li><span class="official-website"><span class="url"><a rel="nofollow" class="external text" href="https://www.meta.com/">Official website</a></span></span> </li>
<li><a rel="nofollow" class="external text" href="https://www.opensecrets.org/orgs/summary?id=D000033563">Meta Platforms</a> on <a href="OpenSecrets" title="OpenSecrets">OpenSecrets</a>, a website that tracks and publishes data on campaign finance and lobbying </li>
<li><a rel="nofollow" class="external text" href="https://opencorporates.com/corporate_groupings/Meta%20Platforms">Meta Platforms companies</a> grouped at <a href="OpenCorporates" title="OpenCorporates">OpenCorporates</a></li>
<li>Business data for Meta Platforms, Inc.: <div class="hlist inline"><ul><li><a rel="nofollow" class="external text" href="https://www.google.com/finance/quote/META">Google</a></li><li><a rel="nofollow" class="external text" href="https://www.reuters.com/markets/companies/META.O">Reuters</a></li><li><a rel="nofollow" class="external text" href="https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1326801">SEC filings</a></li><li><a rel="nofollow" class="external text" href="https://finance.yahoo.com/quote/META">Yahoo!</a></li></ul></div></li></ul>
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</style></div><div role="navigation" class="navbox" aria-labelledby="Meta_Platforms99" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Meta_Platforms99" style="font-size:114%;margin:0 4em"></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Products<br>and services</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Facebook" title="Facebook">Facebook</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Facebook" title="Facebook">Service</a></li>
<li><a href="List_of_Facebook_features" title="List of Facebook features">Features</a></li>
<li><a href="Facebook_Beacon" title="Facebook Beacon">Beacon</a></li>
<li><a href="Facebook_Bluetooth_Beacon" title="Facebook Bluetooth Beacon">Bluetooth Beacon</a></li>
<li><a href="Facebook_Credits" title="Facebook Credits">Credits</a></li>
<li><a href="Facebook_Dating" title="Facebook Dating">Dating</a></li>
<li><a href="EdgeRank" title="EdgeRank">EdgeRank</a></li>
<li><a href="Feed_(Facebook)" title="Feed (Facebook)">Feed</a></li>
<li><a href="List_of_Facebook_features#Facebook_Gaming" title="List of Facebook features">Gaming</a></li>
<li><a href="Facebook_Graph_Search" title="Facebook Graph Search">Graph Search</a></li>
<li><a href="Facebook_Instant_Articles" title="Facebook Instant Articles">Instant Articles</a></li>
<li><a href="Facebook_like_button" title="Facebook like button">Like button</a></li>
<li><a href="List_of_Facebook_features#Live_streaming" title="List of Facebook features">Live</a></li>
<li><a href="Lookalike_audience" title="Lookalike audience">Lookalike audience</a></li>
<li><a href="Facebook_onion_address" title="Facebook onion address">Onion address</a></li>
<li><a href="Facebook_Platform" title="Facebook Platform">Platform</a>
<ul><li><a href="Facebook_Platform#Facebook_Connect" title="Facebook Platform">Connect</a></li></ul></li>
<li><a href="Facebook_Reels" title="Facebook Reels">Reels</a></li>
<li><a href="Facebook_Safety_Check" title="Facebook Safety Check">Safety Check</a></li>
<li><a href="Facebook_Stories" title="Facebook Stories">Stories</a></li>
<li><a href="Facebook_Watch" title="Facebook Watch">Watch</a>
<ul><li><a href="List_of_Facebook_Watch_original_programming" title="List of Facebook Watch original programming">list of original programs</a></li></ul></li>
<li><a href="Facebook_Zero" title="Facebook Zero">Zero</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Instagram" title="Instagram">Instagram</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Hyperlapse_(application)" title="Hyperlapse (application)">Hyperlapse</a></li>
<li><a href="IGTV" title="IGTV">IGTV</a></li>
<li><a href="List_of_most-followed_Instagram_accounts" title="List of most-followed Instagram accounts">List of most-followed accounts</a></li>
<li><a href="List_of_most-liked_Instagram_posts" title="List of most-liked Instagram posts">List of most-liked pictures</a></li>
<li><a href="Threads_(social_network)" title="Threads (social network)">Threads</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Hardware</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Meta_Portal" title="Meta Portal">Portal</a></li>
<li><a href="Meta_Quest" title="Meta Quest">Meta Quest</a>
<ul><li><a href="Oculus_Quest" title="Oculus Quest">Quest 1</a></li>
<li><a href="Quest_2" title="Quest 2">Quest 2</a></li>
<li><a href="Meta_Quest_3" title="Meta Quest 3">Quest 3</a></li>
<li><a href="Meta_Quest_Pro" title="Meta Quest Pro">Pro</a></li>
<li><a href="Oculus_Touch" title="Oculus Touch">Touch</a></li></ul></li>
<li><a href="Ray-Ban_Stories" class="mw-redirect" title="Ray-Ban Stories">Ray-Ban Stories</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Express_Wi-Fi" title="Express Wi-Fi">Express Wi-Fi</a></li>
<li><a href="Internet.org" title="Internet.org">Free Basics</a></li>
<li><a href="Facebook_Messenger" class="mw-redirect" title="Facebook Messenger">Messenger</a>
<ul><li><a href="Messenger_Kids" title="Messenger Kids">Kids</a></li>
<li><a href="Facebook_Messenger" class="mw-redirect" title="Facebook Messenger">Rooms</a></li></ul></li>
<li><a href="Mapillary" title="Mapillary">Mapillary</a></li>
<li><a href="Meta_AI" title="Meta AI">Meta AI</a></li>
<li><a href="Meta_Horizon_OS" title="Meta Horizon OS">Meta Horizon OS</a></li>
<li><a href="Meta_Superintelligence_Labs" title="Meta Superintelligence Labs">Meta Superintelligence Labs</a></li>
<li><a href="Within_(company)" title="Within (company)">Supernatural</a></li>
<li><a href="WhatsApp" title="WhatsApp">WhatsApp</a></li>
<li><a href="Workplace_(software)" title="Workplace (software)">Workplace</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Atlas_Solutions" title="Atlas Solutions">Atlas Solutions</a></li>
<li><a href="FriendFeed" title="FriendFeed">FriendFeed</a></li>
<li><a href="Giphy" title="Giphy">Giphy</a></li>
<li><a href="Facebook_Home" title="Facebook Home">Home</a>
<ul><li><a href="HTC_First" title="HTC First">HTC First</a></li></ul></li>
<li><a href="M_(virtual_assistant)" title="M (virtual assistant)">M</a></li>
<li><a href="Oculus_Go" title="Oculus Go">Oculus Go</a></li>
<li><a href="Oculus_Rift" title="Oculus Rift">Oculus Rift</a>
<ul><li><a href="Oculus_Rift_CV1" title="Oculus Rift CV1">CV1</a></li>
<li><a href="Oculus_Rift_S" title="Oculus Rift S">S</a></li></ul></li>
<li><a href="Onavo" title="Onavo">Onavo</a></li>
<li><a href="Facebook_Paper" title="Facebook Paper">Paper</a></li>
<li><a href="Facebook_Slingshot" title="Facebook Slingshot">Slingshot</a></li>
<li><a href="Tbh_(app)" class="mw-redirect" title="Tbh (app)">tbh</a></li>
<li><a href="Wirehog" title="Wirehog">Wirehog</a></li></ul>
</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">People</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Founders</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a> (28% equity)</li>
<li><a href="Dustin_Moskovitz" title="Dustin Moskovitz">Dustin Moskovitz</a> (7%)</li>
<li><a href="Eduardo_Saverin" title="Eduardo Saverin">Eduardo Saverin</a> (<i>5%, formerly</i>)</li>
<li><a href="Chris_Hughes" title="Chris Hughes">Chris Hughes</a> (<i>1%, formerly</i>)</li>
<li><a href="Andrew_McCollum" title="Andrew McCollum">Andrew McCollum</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Board</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a></li>
<li><a href="Marc_Andreessen" title="Marc Andreessen">Marc Andreessen</a></li>
<li><a href="John_D._Arnold" title="John D. Arnold">John D. Arnold</a></li>
<li><a href="Patrick_Collison" title="Patrick Collison">Patrick Collison</a></li>
<li><a href="John_Elkann" title="John Elkann">John Elkann</a></li>
<li><a href="Drew_Houston" title="Drew Houston">Drew Houston</a></li>
<li><a href="Nancy_Killefer" title="Nancy Killefer">Nancy Killefer</a></li>
<li><a href="Robert_M._Kimmitt" title="Robert M. Kimmitt">Robert M. Kimmitt</a></li>
<li><a href="Dina_Powell" title="Dina Powell">Dina Powell</a></li>
<li><a href="Hock_Tan" title="Hock Tan">Hock Tan</a></li>
<li><a href="Dana_White" title="Dana White">Dana White</a></li>
<li><a href="Tony_Xu" title="Tony Xu">Tony Xu</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Sheryl_Sandberg" title="Sheryl Sandberg">Sheryl Sandberg</a></li>
<li><a href="Peter_Thiel" title="Peter Thiel">Peter Thiel</a></li></ul>
</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Executive<br>officers</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Mark_Zuckerberg" title="Mark Zuckerberg">Mark Zuckerberg</a> (Chairman and CEO)</li>
<li><a href="Javier_Olivan" title="Javier Olivan">Javier Olivan</a> (COO)</li>
<li><a href="Andrew_Bosworth" title="Andrew Bosworth">Andrew Bosworth</a> (CTO)</li>
<li><a href="Chris_Cox_(manager)" title="Chris Cox (manager)">Chris Cox</a> (CPO)</li>
<li><a href="Nick_Clegg" title="Nick Clegg">Nick Clegg</a> (President of Global Affairs)</li>
<li><a href="Jennifer_Gillian_Newstead" title="Jennifer Gillian Newstead">Jennifer Newstead</a> (Chief Legal Officer)</li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Sean_Parker" title="Sean Parker">Sean Parker</a> (<i>4%, formerly</i>)</li>
<li><a href="Owen_Van_Natta" title="Owen Van Natta">Owen Van Natta</a></li>
<li><a href="Gideon_Yu" title="Gideon Yu">Gideon Yu</a></li>
<li><a href="Adam_D'Angelo" title="Adam D'Angelo">Adam D'Angelo</a></li>
<li><a href="Chris_Kelly_(entrepreneur)" title="Chris Kelly (entrepreneur)">Chris Kelly</a></li>
<li><a href="Bret_Taylor" title="Bret Taylor">Bret Taylor</a></li>
<li><a href="Sheryl_Sandberg" title="Sheryl Sandberg">Sheryl Sandberg</a></li>
<li><a href="Mike_Schroepfer" title="Mike Schroepfer">Mike Schroepfer</a></li>
<li><a href="David_Wehner" title="David Wehner">David Wehner</a></li>
<li><a href="David_Ebersman" title="David Ebersman">David Ebersman</a></li>
<li><a href="Marne_Levine" title="Marne Levine">Marne Levine</a></li>
<li><a href="Alex_Stamos" title="Alex Stamos">Alex Stamos</a></li></ul>
</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Oversight_Board_(Meta)" title="Oversight Board (Meta)">Oversight<br>Board</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Members</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Catalina_Botero_Marino" title="Catalina Botero Marino">Catalina Botero Marino</a>, Co-Chair (2020–)</li>
<li><a href="Jamal_Greene" title="Jamal Greene">Jamal Greene</a>, Co-Chair (2020–)</li>
<li><a href="Michael_W._McConnell" title="Michael W. McConnell">Michael W. McConnell</a>, Co-Chair (2020–)</li>
<li><a href="Helle_Thorning-Schmidt" title="Helle Thorning-Schmidt">Helle Thorning-Schmidt</a>, Co-Chair (2020–)</li>
<li><a href="Afia_Asantewaa_Asare-Kyei" title="Afia Asantewaa Asare-Kyei">Afia Asantewaa Asare-Kyei</a> (2020–)</li>
<li><a href="Evelyn_Aswad" title="Evelyn Aswad">Evelyn Aswad</a> (2020–)</li>
<li><a href="Endy_Bayuni" title="Endy Bayuni">Endy Bayuni</a> (2020–)</li>
<li><a href="Katherine_Chen" title="Katherine Chen">Katherine Chen</a> (2020–)</li>
<li><a href="Nighat_Dad" title="Nighat Dad">Nighat Dad</a> (2020–)</li>
<li><a href="Tawakkol_Karman" title="Tawakkol Karman">Tawakkol Karman</a> (2020–)</li>
<li><a href="Maina_Kiai" title="Maina Kiai">Maina Kiai</a> (2020–)</li>
<li><a href="Sudhir_Krishnaswamy" title="Sudhir Krishnaswamy">Sudhir Krishnaswamy</a> (2020–)</li>
<li><a href="Ronaldo_Lemos" title="Ronaldo Lemos">Ronaldo Lemos</a> (2020–)</li>
<li><a href="Julie_Owono" title="Julie Owono">Julie Owono</a> (2020–)</li>
<li><a href="Emi_Palmor" title="Emi Palmor">Emi Palmor</a> (2020–)</li>
<li><a href="Alan_Rusbridger" title="Alan Rusbridger">Alan Rusbridger</a> (2020–)</li>
<li><a href="Andr%C3%A1s_Saj%C3%B3" title="András Sajó">András Sajó</a> (2020–)</li>
<li><a href="John_Samples" title="John Samples">John Samples</a> (2020–)</li>
<li>Nicolas Suzor (2020–)</li>
<li><a href="Suzanne_Nossel" title="Suzanne Nossel">Suzanne Nossel</a> (2021–)</li>
<li>Khaled Mansour (2022–)</li>
<li>Pamela San Martin (2022–)</li>
<li>Paolo Carozza (2022–)</li>
<li><a href="Kenji_Yoshino" title="Kenji Yoshino">Kenji Yoshino</a> (2023–)</li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Board of<br>Trustees</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Stephen_Neal_(lawyer)" title="Stephen Neal (lawyer)">Stephen Neal</a>, Chair (2021–)</li>
<li>Kristina Arriaga (2020–)</li>
<li>Cherine Chalaby (2020–)</li>
<li>Wanda Felton (2020–)</li>
<li><a href="Kate_O'Regan" title="Kate O'Regan">Kate O'Regan</a> (2020–)</li>
<li><a href="Robert_Post_(law_professor)" title="Robert Post (law professor)">Robert Post</a> (2020–)</li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former<br>members</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Pamela_S._Karlan" title="Pamela S. Karlan">Pamela S. Karlan</a> (Board Member, 2020–2021)</li>
<li><a href="Paul_G._Haaga_Jr." title="Paul G. Haaga Jr.">Paul G. Haaga Jr.</a> (Board of Trustees Chair, 2020–2021)</li></ul>
</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Notable<br>employees</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Lars_Rasmussen_(software_developer)" title="Lars Rasmussen (software developer)">Lars Rasmussen</a> (Graph Search director)</li>
<li><a href="Naomi_Gleit" title="Naomi Gleit">Naomi Gleit</a> (VP of social good)</li>
<li><a href="Nicola_Mendelsohn" title="Nicola Mendelsohn">Nicola Mendelsohn</a> (head of Global Business Group)</li>
<li><a href="Adam_Mosseri" title="Adam Mosseri">Adam Mosseri</a> (head of Instagram)</li>
<li><a href="Thomas_Reardon" title="Thomas Reardon">Thomas Reardon</a> (<a href="Reality_Labs" title="Reality Labs">Reality Labs</a> director)</li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Blake_Ross" title="Blake Ross">Blake Ross</a> (Director of Product)</li>
<li><a href="Ted_Ullyot" title="Ted Ullyot">Ted Ullyot</a> (VP, General Counsel, and Secretary)</li>
<li><a href="Hugo_Barra" title="Hugo Barra">Hugo Barra</a> (VP of <a href="Reality_Labs" title="Reality Labs">Reality Labs</a>)</li>
<li><a href="John_Carmack" title="John Carmack">John Carmack</a> (CTO of <a href="Reality_Labs" title="Reality Labs">Reality Labs</a>)</li>
<li><a href="Matt_Cohler" title="Matt Cohler">Matt Cohler</a></li>
<li><a href="Charlie_Cheever" title="Charlie Cheever">Charlie Cheever</a></li>
<li><a href="Randi_Zuckerberg" title="Randi Zuckerberg">Randi Zuckerberg</a></li>
<li><a href="Yishan_Wong" title="Yishan Wong">Yishan Wong</a></li>
<li><a href="George_Hotz" title="George Hotz">George Hotz</a></li>
<li><a href="Joe_Lockhart" title="Joe Lockhart">Joe Lockhart</a></li>
<li><a href="Andrei_Alexandrescu" title="Andrei Alexandrescu">Andrei Alexandrescu</a> (research scientist)</li>
<li><a href="Chamath_Palihapitiya" title="Chamath Palihapitiya">Chamath Palihapitiya</a> (VP of User Growth)</li>
<li><a href="Elliot_Schrage" title="Elliot Schrage">Elliot Schrage</a> (VP of Global Communications, Marketing and Public Policy)</li>
<li><a href="Frances_Haugen" title="Frances Haugen">Frances Haugen</a> (Product Manager of Civic Integrity Team)</li></ul>
</div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Open source</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Apache_Cassandra" title="Apache Cassandra">Apache Cassandra</a></li>
<li><a href="Apache_Hive" title="Apache Hive">Apache Hive</a></li>
<li><a href="Apache_Thrift" title="Apache Thrift">Apache Thrift</a></li>
<li><a href="Buck_(software)" title="Buck (software)">Buck</a></li>
<li><a href="Facebook_Query_Language" title="Facebook Query Language">FQL</a></li>
<li><a href="Hack_(programming_language)" title="Hack (programming language)">Hack</a></li>
<li><a href="HHVM" title="HHVM">HHVM</a></li>
<li><a href="HipHop_for_PHP" title="HipHop for PHP">HipHop for PHP</a></li>
<li><a href="Infer_Static_Analyzer" title="Infer Static Analyzer">Infer</a></li>
<li><a href="MyRocks" title="MyRocks">MyRocks</a></li>
<li><a href="Open_Compute_Project" title="Open Compute Project">Open Compute Project</a></li>
<li><a href="Phabricator" title="Phabricator">Phabricator</a></li>
<li><a href="React_(software)" title="React (software)">React</a></li>
<li><a href="React_Native" title="React Native">React Native</a></li>
<li><a href="RocksDB" title="RocksDB">RocksDB</a></li>
<li><a href="Scribe_(log_server)" title="Scribe (log server)">Scribe</a></li>
<li><a href="Telecom_Infra_Project" title="Telecom Infra Project">Telecom Infra Project</a></li>
<li><a href="Tornado_(web_server)" title="Tornado (web server)">Tornado</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Mass media</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><i><a href="The_Facebook_Effect" title="The Facebook Effect">The Facebook Effect</a></i></li>
<li><i><a href="The_Accidental_Billionaires" title="The Accidental Billionaires">The Accidental Billionaires</a></i></li>
<li><i><a href="The_Social_Network" title="The Social Network">The Social Network</a></i></li>
<li><i><a href="The_Great_Hack" title="The Great Hack">The Great Hack</a></i></li>
<li><i><a href="Careless_People" title="Careless People">Careless People</a></i></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Concepts</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Activity_stream" title="Activity stream">Activity stream</a></li>
<li><a href="Social_graph" title="Social graph">Social graph</a></li>
<li><a href="Friending_and_following" title="Friending and following">Friending and following</a></li>
<li><a href="Reblogging" title="Reblogging">Reblogging</a></li>
<li><a href="Fan-gating" title="Fan-gating">Fan-gating</a></li>
<li><a href="Digital_diplomacy#Facebook_diplomacy" title="Digital diplomacy">Facebook diplomacy</a></li>
<li><a href="Facebook_like_button" title="Facebook like button">Facebook like button</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Business</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="History_of_Facebook" title="History of Facebook">History of Facebook</a></li>
<li><a href="Timeline_of_Instagram" title="Timeline of Instagram">Timeline of Instagram</a></li>
<li><a href="Timeline_of_WhatsApp" class="mw-redirect" title="Timeline of WhatsApp">Timeline of WhatsApp</a></li>
<li><a href="List_of_mergers_and_acquisitions_by_Meta_Platforms" title="List of mergers and acquisitions by Meta Platforms">Acquisitions</a></li>
<li><a href="Facebook_F8" title="Facebook F8">f8 conference</a></li>
<li><a href="Initial_public_offering_of_Facebook" title="Initial public offering of Facebook">IPO</a></li>
<li><a href="Censorship_of_Facebook" title="Censorship of Facebook">Censorship</a></li>
<li><a href="Criticism_of_Facebook" title="Criticism of Facebook">Criticism</a>
<ul><li><a href="Facebook%E2%80%93Cambridge_Analytica_data_scandal" title="Facebook–Cambridge Analytica data scandal">Cambridge Analytica data scandal</a></li>
<li><a href="2020_Facebook_ad_boycotts" title="2020 Facebook ad boycotts">2020 ad boycotts</a></li>
<li><a href="2021_Facebook_leak" title="2021 Facebook leak">2021 company files leak</a></li>
<li><a href="Privacy_concerns_with_Facebook" title="Privacy concerns with Facebook">Privacy</a></li>
<li><a href="Facebook_content_management_controversies" title="Facebook content management controversies">Content management</a></li></ul></li>
<li><a href="Lawsuits_involving_Meta_Platforms" title="Lawsuits involving Meta Platforms">Litigation</a></li>
<li><i><a href="Young_v._Facebook%2C_Inc." title="Young v. Facebook, Inc.">Young v. Facebook, Inc.</a></i> (2011)</li>
<li><i><a href="Fraley_v._Facebook%2C_Inc." title="Fraley v. Facebook, Inc.">Fraley v. Facebook, Inc.</a></i> (2016)</li>
<li><i><a href="Force_v._Facebook%2C_Inc." title="Force v. Facebook, Inc.">Force v. Facebook, Inc.</a></i> (2019)</li>
<li><i><a href="Facebook%2C_Inc._v._Duguid" title="Facebook, Inc. v. Duguid">Facebook, Inc. v. Duguid</a></i> (2021)</li>
<li><i><a href="Federal_Trade_Commission_v._Meta_Platforms%2C_Inc." class="mw-redirect" title="Federal Trade Commission v. Meta Platforms, Inc.">Federal Trade Commission v. Meta Platforms, Inc.</a></i> (ongoing)</li>
<li><a href="Meta_and_unions" title="Meta and unions">unionization</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Lists</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="List_of_most-followed_Facebook_pages" title="List of most-followed Facebook pages">Most-followed Facebook pages</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Related</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Priscilla_Chan" title="Priscilla Chan">Priscilla Chan</a> (wife of Mark Zuckerberg)</li>
<li><a href="Chan_Zuckerberg_Initiative" title="Chan Zuckerberg Initiative">Chan Zuckerberg Initiative</a></li>
<li><a href="Facebook_Aquila" title="Facebook Aquila">Aquila Internet relay drone</a></li>
<li><a href="Willow_Village" title="Willow Village">Willow Village</a></li>
<li><a href="WaveGroup_Sound" title="WaveGroup Sound">WaveGroup Sound</a></li>
<li><a href="2021_Facebook_outage" title="2021 Facebook outage">2021 Facebook outage</a></li></ul>
</div></td></tr></tbody></table></div>
<div class="navbox-styles"></div><div role="navigation" class="navbox" aria-labelledby="Companies_of_the_Nasdaq-100_index37" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Companies_of_the_Nasdaq-100_index37" style="font-size:114%;margin:0 4em">Companies of the <a href="Nasdaq-100" title="Nasdaq-100">Nasdaq-100</a> index</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Adobe_Inc." title="Adobe Inc.">Adobe</a></li>
<li><a href="ADP_(company)" title="ADP (company)">ADP</a></li>
<li><a href="AMD" title="AMD">AMD</a></li>
<li><a href="Airbnb" title="Airbnb">Airbnb</a></li>
<li><a href="Alphabet_Inc." title="Alphabet Inc.">Alphabet</a></li>
<li><a href="Amazon_(company)" title="Amazon (company)">Amazon</a></li>
<li><a href="American_Electric_Power" title="American Electric Power">AEP</a></li>
<li><a href="Amgen" title="Amgen">Amgen</a></li>
<li><a href="Analog_Devices" title="Analog Devices">Analog Devices</a></li>
<li><a href="Apple_Inc." title="Apple Inc.">Apple</a></li>
<li><a href="Applied_Materials" title="Applied Materials">Applied Materials</a></li>
<li><a href="AppLovin" title="AppLovin">AppLovin</a></li>
<li><a href="Arm_Holdings" title="Arm Holdings">Arm</a></li>
<li><a href="ASML_Holding" title="ASML Holding">ASML</a></li>
<li><a href="AstraZeneca" title="AstraZeneca">AstraZeneca</a></li>
<li><a href="Atlassian" title="Atlassian">Atlassian</a></li>
<li><a href="Autodesk" title="Autodesk">Autodesk</a></li>
<li><a href="Axon_Enterprise" title="Axon Enterprise">Axon</a></li>
<li><a href="Baker_Hughes" title="Baker Hughes">Baker Hughes</a></li>
<li><a href="Biogen" title="Biogen">Biogen</a></li>
<li><a href="Booking_Holdings" title="Booking Holdings">Booking Holdings</a></li>
<li><a href="Broadcom" title="Broadcom">Broadcom</a></li>
<li><a href="Cadence_Design_Systems" title="Cadence Design Systems">Cadence</a></li>
<li><a href="CDW" title="CDW">CDW</a></li>
<li><a href="Charter_Communications" title="Charter Communications">Charter Communications</a></li>
<li><a href="Cintas" title="Cintas">Cintas</a></li>
<li><a href="Cisco" title="Cisco">Cisco</a></li>
<li><a href="Coca-Cola_Europacific_Partners" title="Coca-Cola Europacific Partners">Coca-Cola Europacific Partners</a></li>
<li><a href="Cognizant" title="Cognizant">Cognizant</a></li>
<li><a href="Comcast" title="Comcast">Comcast</a></li>
<li><a href="Constellation_Energy" title="Constellation Energy">Constellation Energy</a></li>
<li><a href="Copart" title="Copart">Copart</a></li>
<li><a href="CoStar_Group" title="CoStar Group">CoStar</a></li>
<li><a href="Costco" title="Costco">Costco</a></li>
<li><a href="CrowdStrike" title="CrowdStrike">CrowdStrike</a></li>
<li><a href="CSX_Corporation" title="CSX Corporation">CSX</a></li>
<li><a href="Datadog" title="Datadog">Datadog</a></li>
<li><a href="Dexcom" title="Dexcom">Dexcom</a></li>
<li><a href="Diamondback_Energy" title="Diamondback Energy">Diamondback Energy</a></li>
<li><a href="DoorDash" title="DoorDash">DoorDash</a></li>
<li><a href="Electronic_Arts" title="Electronic Arts">Electronic Arts</a></li>
<li><a href="Exelon" title="Exelon">Exelon</a></li>
<li><a href="Fastenal" title="Fastenal">Fastenal</a></li>
<li><a href="Fortinet" title="Fortinet">Fortinet</a></li>
<li><a href="GE_HealthCare" title="GE HealthCare">GE HealthCare</a></li>
<li><a href="Gilead_Sciences" title="Gilead Sciences">Gilead</a></li>
<li><a href="GlobalFoundries" title="GlobalFoundries">GlobalFoundries</a></li>
<li><a href="Honeywell" title="Honeywell">Honeywell</a></li>
<li><a href="Idexx_Laboratories" title="Idexx Laboratories">Idexx Laboratories</a></li>
<li><a href="Intel" title="Intel">Intel</a></li>
<li><a href="Intuit" title="Intuit">Intuit</a></li>
<li><a href="Intuitive_Surgical" title="Intuitive Surgical">Intuitive Surgical</a></li>
<li><a href="Keurig_Dr_Pepper" title="Keurig Dr Pepper">Keurig Dr Pepper</a></li>
<li><a href="KLA_Corporation" title="KLA Corporation">KLA</a></li>
<li><a href="Kraft_Heinz" title="Kraft Heinz">Kraft Heinz</a></li>
<li><a href="Lam_Research" title="Lam Research">Lam Research</a></li>
<li><a href="Linde_plc" title="Linde plc">Linde</a></li>
<li><a href="Lululemon" title="Lululemon">Lululemon</a></li>
<li><a href="Marriott_International" title="Marriott International">Marriott International</a></li>
<li><a href="Marvell_Technology" title="Marvell Technology">Marvell</a></li>
<li><a href="Mercado_Libre" title="Mercado Libre">Mercado Libre</a></li>
<li><a href="Microchip_Technology" title="Microchip Technology">Microchip</a></li>
<li><a href="Micron_Technology" title="Micron Technology">Micron</a></li>
<li><a href="Microsoft" title="Microsoft">Microsoft</a></li>
<li><a href="MicroStrategy" title="MicroStrategy">MicroStrategy</a></li>
<li><a href="Mondelez_International" title="Mondelez International">Mondelez International</a></li>
<li><a href="Monster_Beverage" title="Monster Beverage">Monster Beverage</a></li>
<li><a href="Netflix%2C_Inc." title="Netflix, Inc.">Netflix</a></li>
<li><a href="Nvidia" title="Nvidia">Nvidia</a></li>
<li><a href="NXP_Semiconductors" title="NXP Semiconductors">NXP</a></li>
<li><a href="O'Reilly_Auto_Parts" title="O'Reilly Auto Parts">O'Reilly Auto Parts</a></li>
<li><a href="Old_Dominion_Freight_Line" title="Old Dominion Freight Line">Old Dominion</a></li>
<li><a href="Onsemi" title="Onsemi">onsemi</a></li>
<li><a href="Paccar" title="Paccar">Paccar</a></li>
<li><a href="Palantir_Technologies" title="Palantir Technologies">Palantir</a></li>
<li><a href="Palo_Alto_Networks" title="Palo Alto Networks">Palo Alto Networks</a></li>
<li><a href="Paychex" title="Paychex">Paychex</a></li>
<li><a href="PayPal" title="PayPal">PayPal</a></li>
<li><a href="Pinduoduo" title="Pinduoduo">PDD Holdings</a></li>
<li><a href="PepsiCo" title="PepsiCo">PepsiCo</a></li>
<li><a href="Qualcomm" title="Qualcomm">Qualcomm</a></li>
<li><a href="Regeneron_Pharmaceuticals" title="Regeneron Pharmaceuticals">Regeneron</a></li>
<li><a href="Roper_Technologies" title="Roper Technologies">Roper Technologies</a></li>
<li><a href="Ross_Stores" title="Ross Stores">Ross Stores</a></li>
<li><a href="Shopify" title="Shopify">Shopify</a></li>
<li><a href="Starbucks" title="Starbucks">Starbucks</a></li>
<li><a href="Synopsys" title="Synopsys">Synopsys</a></li>
<li><a href="Take-Two_Interactive" title="Take-Two Interactive">Take-Two Interactive</a></li>
<li><a href="T-Mobile_US" title="T-Mobile US">T-Mobile US</a></li>
<li><a href="Tesla%2C_Inc." title="Tesla, Inc.">Tesla</a></li>
<li><a href="Texas_Instruments" title="Texas Instruments">Texas Instruments</a></li>
<li><a href="Thomson_Reuters" title="Thomson Reuters">Thomson Reuters</a></li>
<li><a href="The_Trade_Desk" title="The Trade Desk">Trade Desk</a></li>
<li><a href="Verisk_Analytics" title="Verisk Analytics">Verisk</a></li>
<li><a href="Vertex_Pharmaceuticals" title="Vertex Pharmaceuticals">Vertex</a></li>
<li><a href="Warner_Bros._Discovery" title="Warner Bros. Discovery">Warner Bros. Discovery</a></li>
<li><a href="Workday%2C_Inc." title="Workday, Inc.">Workday</a></li>
<li><a href="Xcel_Energy" title="Xcel Energy">Xcel Energy</a></li>
<li><a href="Zscaler" title="Zscaler">Zscaler</a></li></ul>
</div></td></tr></tbody></table></div>
<div class="navbox-styles"></div><div role="navigation" class="navbox" aria-labelledby="Major_Internet_companies159" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Major_Internet_companies159" style="font-size:114%;margin:0 4em">Major <a href="Internet" title="Internet">Internet</a> companies</div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div>Companies with an annual revenue of over US$4 billion</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="List_of_largest_Internet_companies" title="List of largest Internet companies">Internet </a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Adobe_Inc." title="Adobe Inc.">Adobe</a></li>
<li><a href="Alibaba_Group" title="Alibaba Group">Alibaba</a></li>
<li><a href="Alphabet_Inc." title="Alphabet Inc.">Alphabet</a>
<ul><li><a href="Google" title="Google">Google</a></li></ul></li>
<li><a href="Amazon_(company)" title="Amazon (company)">Amazon</a></li>
<li><a href="Apple_Inc." title="Apple Inc.">Apple</a></li>
<li><a href="Baidu" title="Baidu">Baidu</a></li>
<li><a href="IAC_(company)" class="mw-redirect" title="IAC (company)">IAC</a></li>
<li><a href="Kakao" title="Kakao">Kakao</a></li>
<li><a href="Meituan" title="Meituan">Meituan</a></li>
<li>
<ul><li><a href="Facebook" title="Facebook">Facebook</a></li></ul></li>
<li><a href="Microsoft" title="Microsoft">Microsoft</a></li>
<li><a href="Naver_Corporation" title="Naver Corporation">Naver</a></li>
<li><a href="NetEase" title="NetEase">NetEase</a></li>
<li><a href="Tencent" title="Tencent">Tencent</a></li>
<li><a href="Yandex" title="Yandex">Yandex</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Cloud computing</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Akamai_Technologies" title="Akamai Technologies">Akamai</a></li>
<li><a href="Alibaba_Cloud" title="Alibaba Cloud">Alibaba Cloud</a></li>
<li><a href="Amazon_Web_Services" title="Amazon Web Services">AWS</a></li>
<li><a href="ICloud" title="ICloud">Apple iCloud</a></li>
<li><a href="Google_Cloud_Platform" title="Google Cloud Platform">Google</a></li>
<li><a href="IBM_Cloud" title="IBM Cloud">IBM</a></li>
<li><a href="Microsoft_Azure" title="Microsoft Azure">Microsoft Azure</a></li>
<li><a href="Oracle_Corporation" title="Oracle Corporation">Oracle Corporation</a></li>
<li><a href="Salesforce" title="Salesforce">Salesforce</a></li>
<li><a href="SAP" title="SAP">SAP</a></li>
<li><a href="ServiceNow" title="ServiceNow">ServiceNow</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">E-commerce</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Amazon_(company)" title="Amazon (company)">Amazon.com</a></li>
<li><a href="Apple_Inc." title="Apple Inc.">Apple</a></li>
<li><a href="Booking_Holdings" title="Booking Holdings">Booking Holdings</a></li>
<li><a href="Coupang" title="Coupang">Coupang</a></li>
<li><a href="EBay" title="EBay">eBay</a></li>
<li><a href="Expedia" title="Expedia">Expedia</a></li>
<li><a href="Flipkart" title="Flipkart">Flipkart</a></li>
<li><a href="Groupon" title="Groupon">Groupon</a></li>
<li><a href="JD.com" title="JD.com">JD.com</a></li>
<li><a href="Lazada_Group" class="mw-redirect" title="Lazada Group">Lazada</a></li>
<li><a href="Mercado_Libre" title="Mercado Libre">Mercado Libre</a></li>
<li><a href="Rakuten" title="Rakuten">Rakuten</a></li>
<li><a href="Shopee" title="Shopee">Shopee</a></li>
<li><a href="Shopify" title="Shopify">Shopify</a></li>
<li><a href="Suning.com" title="Suning.com">Suning.com</a></li>
<li><a href="Trip.com" title="Trip.com">Trip.com</a></li>
<li><a href="Uber" title="Uber">Uber</a></li>
<li><a href="Wayfair" title="Wayfair">Wayfair</a></li>
<li><a href="Zalando" title="Zalando">Zalando</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Media</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Bloomberg_L.P." title="Bloomberg L.P.">Bloomberg</a></li>
<li><a href="BuzzFeed" title="BuzzFeed">BuzzFeed</a></li>
<li><a href="ByteDance" title="ByteDance">ByteDance</a></li>
<li><a href="Disney_Streaming" title="Disney Streaming">Disney Streaming</a></li>
<li><a href="Kuaishou" title="Kuaishou">Kuaishou</a></li>
<li><a href="Netflix%2C_Inc." title="Netflix, Inc.">Netflix</a></li>
<li><a href="Paramount_Streaming" title="Paramount Streaming">Paramount Streaming</a></li>
<li><a href="Spotify" title="Spotify">Spotify</a></li>
<li><a href="Warner_Bros._Discovery" title="Warner Bros. Discovery">Warner Bros. Discovery</a></li></ul>
</div></td></tr></tbody></table></div>
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<p><span class="geo-inline-hidden noexcerpt"><style data-mw-deduplicate="TemplateStyles:r1156832818">
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</style><span class=" nourlexpansion"><a class="external text" href="geo:37.485,-122.14833333333334"><span class="geo-default"><span class="geo-dms" title="Maps, aerial photos, and other data for this location"><span class="latitude">37°29′06″N</span> <span class="longitude">122°08′54″W</span></span></span><span class="geo-multi-punct"> / </span><span class="geo-nondefault"><span class="geo-dec" title="Maps, aerial photos, and other data for this location">37.48500°N 122.14833°W</span><span style="display:none"> / <span class="geo">37.48500; -122.14833</span></span></span></a></span></span>
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This article is issued from <a class="external text" title="Last edited on 2025-08-08" href="https://en.wikipedia.org/wiki/?title=Meta_Platforms&oldid=1304756688">Wikipedia</a>. The text is available under <a class="external text" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en">Creative Commons Attribution-Share Alike 4.0</a> unless otherwise noted. Additional terms may apply for the media files.
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