Meta

Meta Platforms, Inc., commonly known as Meta, is a leading American technology conglomerate based in Menlo Park, California. Founded in February 2004, the company has evolved from its origins as TheFacebook, Inc. to become a major player in social media, digital advertising, and emerging technologies like augmented and virtual reality. As of Q4 2024, Meta serves over 4 billion monthly active users across its platforms, including Facebook, Instagram, WhatsApp, and Messenger. Meta operates through two main segments: the Family of Apps and Reality Labs. The Family of Apps generates approximately 97% of the company's revenue, primarily from digital advertising, while Reality Labs focuses on developing VR and AR technologies, including the Meta Quest VR headsets and Ray-Ban Meta Smart Glasses. With a commitment to building the metaverse and advancing AI technologies, Meta is investing significantly in infrastructure to enhance user experiences and connectivity globally.