Companies Encyclopedia Entry 1782214049
Economics & Business

Companies Encyclopedia Entry 1782214049

Max Fortune
Economics & Business Editor
0 views 2 min read Jun 23, 2026

Companies Encyclopedia Entry 1782214049

Summary: This comprehensive encyclopedia entry provides an in-depth look at a prominent company, covering its history, key information, significance, and impact on the industry.

CONTENT

Overview

Company Name: Meta Platforms, Inc. (previously Facebook, Inc.)

Meta Platforms, Inc. is a multinational technology and online social media company that has revolutionized the way people interact, communicate, and access information. Founded in 2004 by Mark Zuckerberg, along with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, the company has grown exponentially to become one of the world's largest and most influential technology companies. With a market capitalization of over $1 trillion, Meta Platforms, Inc. has transformed the way people live, work, and play.

History/Background

Meta Platforms, Inc. was originally founded as Facebook, Inc. in 2004, with the launch of the social networking platform Facebook. The company quickly gained popularity, and by 2012, Facebook had become one of the world's most widely used social media platforms, with over 1 billion users. In 2019, the company rebranded itself as Meta Platforms, Inc. to reflect its expanded focus on virtual reality, e-commerce, and other emerging technologies. Today, Meta Platforms, Inc. is a leading player in the technology industry, with a diverse range of products and services, including Facebook, Instagram, WhatsApp, and Oculus.

Key Information

- Revenue: $117.9 billion (2021)
- Employees: Over 83,000 (2022)
- Headquarters: Menlo Park, California, USA
- Founders: Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes
- Notable Acquisitions: Instagram (2012), WhatsApp (2014), Oculus VR (2014)
- Awards: Time Magazine's 100 Most Influential People (2010, 2011, 2012), Fortune's Best Companies to Work For (2018, 2019)

Significance

Meta Platforms, Inc. has had a profound impact on the way people interact, communicate, and access information. The company's social media platforms have revolutionized the way people connect with each other, share information, and consume content. Meta Platforms, Inc. has also been at the forefront of emerging technologies, such as virtual reality and e-commerce, and has invested heavily in research and development to drive innovation. The company's influence extends beyond the technology industry, with significant implications for society, politics, and culture.

INFOBOX:

- Name: Meta Platforms, Inc.
- Type: Technology and online social media company
- Date: Founded in 2004
- Location: Menlo Park, California, USA
- Known For: Revolutionizing social media and online communication

TAGS: Meta Platforms, Inc., Facebook, Instagram, WhatsApp, Oculus, Social Media, Technology, E-commerce, Virtual Reality, Emerging Technologies.