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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 >
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Dollarama posts rise in third-quarter sales
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Dec 4 (Reuters) - Canada's Dollarama ( DLMAF ) posted a rise in third-quarter sales on Wednesday, as it drew more price-conscious consumers to its discounted non-essentials such as household supplies and grocery. The dollar store's net sales rose to C$1.56 billion ($1.11 billion) for the quarter from C$1.48 billion last year. Analysts on average had estimated revenue of C$1.56...
UnitedHealth forecasts 2025 medical costs above expectations
UnitedHealth forecasts 2025 medical costs above expectations
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Factbox-Who are bankrupt Northvolt's creditors?
Factbox-Who are bankrupt Northvolt's creditors?
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(Reuters) -Northvolt, the Swedish maker of battery cells for electric vehicles, on Nov. 21 filed for Chapter 11 bankruptcy protection in the United States with debts of $5.8 billion and only $30 million in cash. Here are Northvolt's creditors listed in its Chapter 11 bankruptcy filing and outstanding principal amounts: NORTHVOLT AB UNSECURED DEBT FACILITIES Total Northvolt AB Debt: $3.9...
Ubisoft pulls the plug on XDefiant, to close San Francisco and Osaka studios
Ubisoft pulls the plug on XDefiant, to close San Francisco and Osaka studios
Dec 4, 2024
(Reuters) - France's largest video game maker Ubisoft has decided to discontinue development on XDefiant, its free-to-play first-person shooter title, it said on Wednesday. As a result, Ubisoft will close its San Francisco and Osaka production studios and ramp down production in Sydney, leading to a loss of 143 jobs in San Francisco and a likely reduction of 134 people...
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