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Description
Meta Platforms is a multinational technology company that operates a suite of social media and messaging apps—including Facebook, Instagram, WhatsApp, Messenger and Threads—providing free user experiences funded primarily by a digital advertising business that sells targeted ad placements to businesses worldwide. The company also runs Reality Labs, which develops virtual and augmented reality hardware such as the Meta Quest headsets and related software, aiming to build a broader metaverse ecosystem. Classified in the consumer internet and advertising sectors, Meta is one of the world’s largest platform companies and is routinely grouped with the U.S. “Big Tech” firms. Its dual‑class share structure gives founder Mark Zuckerberg voting control while the firm continues to invest heavily in long‑term VR/AR initiatives.
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