Meta Platforms Inc
NASDAQ: META
573.380
-2.79%
Share Price in USD. As of 17 Aug 23:05:07 SGT
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Company description
Meta Platforms Inc develops and operates social media platforms and related technologies. Its core products include Facebook, Instagram, WhatsApp, and Messenger, which together serve more than three billion daily active users globally. The company generates the substantial majority of its revenue from advertising, using proprietary algorithms and targeting tools to serve ads across its family of apps. Meta also operates a Reality Labs segment that develops augmented and virtual reality hardware, software, and content, including the Quest headset line and Ray-Ban smart glasses. The company has invested heavily in artificial intelligence to improve content ranking, ad targeting, and the development of its AI assistant. Meta Platforms Inc was founded in 2004 and is headquartered in Menlo Park, California.
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