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  2. Facebook - Wikipedia

    en.wikipedia.org/wiki/Facebook

    Facebook had surpassed MySpace in global traffic and became the world's most popular social media platform. Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million ($353 million in 2023 dollars [31]), giving Facebook an implied value of around $15 billion ($22 billion in 2023 dollars [31]).

  3. List of largest companies by revenue - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_companies...

    Walmart has been the world's largest company by revenue since 2014. [1]This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2024 rankings and other sources. [2]

  4. Churn rate - Wikipedia

    en.wikipedia.org/wiki/Churn_rate

    Churn rate (also known as attrition rate, turnover, customer turnover, or customer defection) [1] is a measure of the proportion of individuals or items moving out of a group over a specific period. It is one of two primary factors that determine the steady-state level of customers a business will support.

  5. Facebook owner investing up to $65 billion toward AI in 2025

    www.aol.com/facebook-owner-investing-65-billion...

    Facebook and Instagram owner Meta Platforms is planning to spend as much as $65 billion this year alone to build on the social media company's artificial intelligence (AI) initiatives, CEO Mark ...

  6. Revenue - Wikipedia

    en.wikipedia.org/wiki/Revenue

    Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest , royalties , or other fees . [ 2 ] " Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit , earned during a period of time, as in "Last year, company X had revenue of $42 million".

  7. Turnover - Wikipedia

    en.wikipedia.org/wiki/Turnover

    Cell turnover, the replacement of old cells with newly generated ones; Lake turnover, when the waters in a lake ecosystem begin to mix again to create a uniform temperature; Population turnover, measure of gross moves in relation to the size of a population; Substance turnover, or biogeochemical cycle, a pathway by which a chemical substance moves

  8. Meta Platforms - Wikipedia

    en.wikipedia.org/wiki/Meta_Platforms

    The metaverse vision and the name change from Facebook, Inc. to Meta Platforms was introduced at Facebook Connect on October 28, 2021. [16] 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 social media , virtual reality and ...

  9. Employee turnover - Wikipedia

    en.wikipedia.org/wiki/Employee_turnover

    Skilled vs Unskilled turnover: uneducated and unskilled employees often have a high turnover rate, and they can generally be replaced without the organization or company suffering a loss of performance. The fact that these workers can be easily replaced provides little incentive for employers to offer generous labor contracts; conversely ...