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Meta Platforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., 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.
Meta CEO Mark Zuckerberg invoked an earlier Facebook era, when the social network transitioned to mobile phones, to remind investors that you must first spend money to make money.
Facebook and Instagram use Meta AI research in ranking & recommendations in their newsfeeds, ads, and search results. Meta AI has also introduced ReAgent, a toolset that generates decisions and evaluates user feedback.
Sandberg served as chief operating officer (COO) of Meta Platforms, a position from which she stepped down in August 2022. [3] She is also the founder of LeanIn.Org. [4] In 2008, she was made COO at Facebook, becoming the company's second-highest-ranking official. [5]
Meta, parent company of Facebook and Instagram, rolled out its latest AI upgrade in a version called Llama 3. Social media users may have noticed a message at the top of their screens prompting ...
Traffic volume for Facebook services on October 4, 2021 with a drop during the global outage. On October 4, 2021, at 15:39 UTC, the social network Facebook and its subsidiaries, Messenger, Instagram, WhatsApp, Mapillary, and Oculus, became globally unavailable for a period of six to seven hours.
Meta Platforms will ask a court in Norway on Tuesday to stop a fine the country's data regulator has imposed on the owner of Facebook and Instagram for breaching users' privacy, in a case that ...
In February 2022, Facebook's daily active users dropped for the first time in its 18-year history. According to Facebook's parent Meta, DAUs dropped to 1.929 billion in the three months ending in December, down from 1.930 billion the previous quarter.
On August 25, 2020, Facebook announced the formation of Facebook Reality Labs, a new unit that would encompass all of Facebook's virtual and augmented reality (AR) hardware and software, including Oculus, Portal, and Facebook Spark AR. The Oculus Connect conference was also renamed Facebook Connect.
She and her husband, Mark Zuckerberg, a co-founder and CEO of Meta Platforms, established the Chan Zuckerberg Initiative in December 2015, with a pledge to transfer 99 percent of their Facebook shares, then valued at $45 billion.