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Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held by rival Friendster. The majority of the companies acquired by Meta are based in the United States, and in turn, a large percentage of these companies are based in or around the San Francisco Bay Area.
Name Industry Profits (USD millions) 1 Apple: Electronics 96,995 2 Berkshire Hathaway: Conglomerate 96,223 3 Alphabet: Technology 73,795 4 Microsoft: Technology 72,361 5 JPMorgan Chase: Financials 49,552 6 Meta Platforms: Technology 39,098 7 ExxonMobil: Petroleum industry 36,010 8 Johnson & Johnson: Pharmaceutical industry 35,153 9 Amazon ...
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FILE - Facebook's Meta logo sign is seen at the company headquarters in Menlo Park, Calif., on, Oct. 28, 2021. Anyone in the U.S. who has had a Facebook account at any time since May 24, 2007, can ...
The company, which changed its name to Meta in October to reflect plans to expand its social media platforms into the metaverse — an immersive virtual reality experience — finally began to ...
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Meta AI is a company owned by Meta (formerly Facebook) that develops artificial intelligence and augmented and artificial reality technologies. Meta AI deems itself an academic research laboratory, focused on generating knowledge for the AI community, and should not be confused with Meta's Applied Machine Learning (AML) team, which focuses on the practical applications of its products.