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Meta Platforms, Inc.

A technology company operating social media apps and developing metaverse hardware.

META | US

Overview

Description

Meta Platforms, Inc. is a technology company focused on building products that enable people to connect and share. The company operates a portfolio of social media applications, including Facebook, Instagram, Messenger, and WhatsApp, which serve a global user base. Its primary business model revolves around selling advertising space on these platforms to marketers. A significant area of investment for the company is the development of the metaverse, an immersive digital environment. This is supported by its Reality Labs division, which develops and sells consumer hardware, software, and content, including the Meta Quest line of virtual reality (VR) headsets and Ray-Ban Meta smart glasses, aiming to move beyond 2D screens and build the next generation of social experiences.

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Insider Transactions

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