Meta history: Beyond the Ticker

From the creator

#meta #yahoofinance #markzuckerberg From its start as a college social network to its focus on virtual reality, Meta (META) has become one of the biggest tech companies in the world. In 2023, the company generated over $134 billion in revenue, and it has nearly 4 billion active users across its various properties. Let's take a closer look at the company's biggest moments with Beyond the Ticker. 2004 Meta began as Facebook, founded by CEO Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. 2006 Originally a “college students only” social network, Facebook expanded its membership to the general public. 2012 In April 2012, Facebook acquired the photo and video-sharing social network service Instagram for $1 billion. A month after that, Facebook went public via IPO at $38 per share. The company was valued at $104 billion, the largest valuation to date for a newly listed public company. 2014 Facebook acquired the instant messaging and voice-over-IP service WhatsApp for $19 billion. That same year, Facebook acquired Oculus, a leading virtual reality company, for $2 billion. 2021 Mark Zuckerberg fully rebranded Facebook as Meta, saying that while it would still remain a social networking firm, the new name would also emphasize the company’s new focus on the metaverse. 2023 Meta's Instagram team launched Threads, a new text-sharing app designed to rival Elon Musk's X platform. Later that year, the company released Meta Quest 3, the first mass-market mixed reality

Published 2024-05-16 · Watch on YouTube ↗
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