Current Legal Name and Corporate Identity
The current legal name of the company commonly known as Meta is Meta Platforms, Inc. This entity is the primary publicly traded holding company that operates Facebook, Instagram, WhatsApp, and other apps and services. The name change from Facebook, Inc. to Meta Platforms, Inc. was completed in June 2021, as confirmed in the company's official filings and investor communications Meta Investor Relations.
Meta Platforms, Inc. is incorporated in the state of Delaware, United States, and its Class A common stock trades on the Nasdaq stock exchange under the ticker symbol META. The company's headquarters are located in Menlo Park, California, and its SEC filings describe the corporate structure that centralizes ownership of its family of apps and technologies under a single public entity U.S. Securities and Exchange Commission.
Business Segments and Revenue Structure
Meta Platforms reports its financial results in two primary segments: Family of Apps and Reality Labs. The Family of Apps segment includes advertising revenue from Facebook, Instagram, Messenger, WhatsApp, and other platforms, while Reality Labs covers products related to augmented and virtual reality Forbes.
Advertising and User Metrics
Advertising remains the dominant source of revenue for Meta Platforms, with billions of users across its apps generating ad impressions and engagement data that advertisers target globally. The company regularly publishes quarterly earnings reports that show daily and monthly active users, ad impressions, and average revenue per user across its platforms Forbes.
Leadership, Ownership, and Governance
Mark Zuckerberg serves as the Chairman, Chief Executive Officer, and controlling shareholder of Meta Platforms, Inc., holding a majority of voting power through his Class B shares. The company's governance structure includes a board of directors, and its proxy statements and annual reports detail ownership, executive compensation, and related-party transactions Meta Investor Relations.
Meta Platforms continues to invest in artificial intelligence, virtual reality, and other emerging technologies, with spending reflected in capital expenditures and research and development costs reported in its public filings. Investors and analysts track these investments alongside revenue growth, user trends, and regulatory developments that affect the company's operations worldwide U.S. Securities and Exchange Commission.