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The U.S. Tax Cuts and Jobs Act of 2017 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%.
Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform.
Starting in early 2024, Meta implemented a few aspects of ActivityPub in Threads, starting with making posts from select Threads accounts accessible by users of ActivityPub platforms. Meta team members said that they would continue this process and support more ActivityPub integration (as possibly only an 'opt-in' feature), taking "the better ...
City and El Paso County offer Meta Platforms $110M in tax incentives to locate huge data center in Northeast El Paso
Meta Platforms stock surged 80% year-to-date. BofA Securities analyst Justin Post hailed Meta as an “AI Story” backed by Llama and Meta AI gaining traction. Post expects Meta’s Al-driven ad ...
Meta Platforms is globally recognized through its family of apps and platforms, including Facebook, Instagram, and WhatsApp, that help people around the world stay connected.
The social media platform Meta Platforms services 3 billion users across its subsidiaries Facebook, Messenger, WhatsApp and Threads. Meta employs an estimated 60–80,000 employees as of 2023. [ 1 ] Facebook subcontracts an additional estimated 15,000 content moderators around the world. [ 2 ]
Dustin Aaron Moskovitz [1] (/ ˈ m ɒ s k ə v ɪ t s /; born May 22, 1984) [2] is an American billionaire internet entrepreneur who co-founded Facebook, Inc. (now known as Meta Platforms) with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Chris Hughes. [3] In 2008, he left Facebook to co-found Asana [4] with Justin Rosenstein.