
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase.
Meta is helping build a future where people have more ways to play and connect in the metaverse.
Meta Platforms, Inc., doing business as Meta (formerly Facebook, Inc.), is an American multinational technology conglomerate holding company based in Menlo Park, California. It is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. It is one of the world’s most valuable companies and is considered one of the Big Tech companies in US information technology, alongside Amazon, Alphabet, Apple, and Microsoft. The company generates a substantial share of its revenue from the sale of advertisement placements to marketers.
Meta offers other products and services, including Facebook, Messenger, Facebook Watch, and Facebook Portal. It has also acquired Oculus, Giphy and Mapillary, and has a 9.99% stake in Jio Platforms.
In October 2021, media outlets reported that the parent company of Facebook planned to change its name to “reflect its focus on building the metaverse”, it was rebranded as Meta later that month on October 28. The word “meta” comes from the Greek language and means “beyond”, indicating the futuristic motive.
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase.
At the end of this year, Meta expects its total expense to fall between $89 billion and $95 billion.
This university’s partnership with Aptos will allow the current blockchain-based applications to take full benefit of the novel architecture.