META·Nasdaq·US
Meta Platforms
Meta Platforms operates a global family of consumer internet services centered on Facebook, Instagram, WhatsApp, and Messenger, monetized primarily through digital advertising. It also develops AI software, immersive computing products, and wearable hardware through Reality Labs, while investing heavily in the data centers and compute infrastructure that support its products.
Recent Activity
Updated Oct 31, 2026
–A New Mexico judge ordered Meta Platforms to pay a $25 billion civil penalty after a jury found the company misled consumers about its data privacy practices.
–Meta is looking to raise $95 billion to fund its AI infrastructure buildout.
–Meta is creating a new class of nonvoting stock that it can sell to pay for its AI buildout.
–Meta reported third-quarter revenue up 26% year on year to $64.6 billion and net income up 264% to $9.86 billion.
–Meta struck a deal with Mark Zuckerberg to keep him living in California after he warned he was considering leaving the state over wealth tax concerns.
–A proposed change to Meta's business terms of service would potentially have given the company the right to scrape data to train AI.
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