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Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide.

It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere.

The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021.

Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

Latest News >
Sector Update: Health Care Stocks Rise in Late Afternoon Trading
Sector Update: Health Care Stocks Rise in Late Afternoon Trading
Aug 8, 2024
04:04 PM EDT, 08/08/2024 (MT Newswires) -- Health care stocks were advancing late Thursday afternoon, with the NYSE Health Care Index gaining 2.3% and the Health Care Select Sector SPDR Fund (XLV) rising 1.9%. The iShares Biotechnology ETF (IBB) climbed 2.3%. In corporate news, Bausch Health's ( BHC ) plan to spin off its eyecare unit Bausch + Lomb is...
EMERGING MARKETS-Latam assets jump after US jobs data; Mexico cuts interest rate
EMERGING MARKETS-Latam assets jump after US jobs data; Mexico cuts interest rate
Aug 8, 2024
* Mexico inflation rises 5.57% in July * Chile's consumer prices up 0.7% in July * Rate decisions due from Peru later in the day * Eletrobras, Embraer ( ERJ ) shares up after results * Latam stocks index up 2%, FX up 0.9% (Updated at 1920 GMT) By Lisa Pauline Mattackal and Ankika Biswas Aug 8 (Reuters) - Latin...
Top Cryptocurrencies Rise; Bitcoin Nearing $60,000 Threshold
Top Cryptocurrencies Rise; Bitcoin Nearing $60,000 Threshold
Aug 8, 2024
04:02 PM EDT, 08/08/2024 (MT Newswires) -- Most major digital assets rose Thursday with bitcoin (BTC-USD) reaching close to the $60,000 level. The CoinDesk Market Index, which tracks 134 digital assets, gained 9% in the past 24 hours. The Nasdaq 100 was up 2.6%; the S&P 500 rose 2.1%; and the Dow Jones Industrial Average jumped 1.7%. Bitcoin (BTC-USD), the...
US Equities Markets End Higher Thursday as Jobless Claims Data Ease Concerns
US Equities Markets End Higher Thursday as Jobless Claims Data Ease Concerns
Aug 8, 2024
04:01 PM EDT, 08/08/2024 (MT Newswires) -- US equity indexes ended higher Thursday after the latest weekly jobless claims data helped ease concerns regarding the health of the economy. * Weekly applications for unemployment insurance in the US declined to the lowest level in four weeks, the Department of Labor said. * The report offers a welcome positive indication of...
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