META

COM:META

Meta Platforms, Inc.

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  • Privately Held

Meta investors and Mark Zuckerberg agreed to a $8 billion settlement to resolve legal claims over Facebook's privacy violations, including alleged failures to comply with a 2012 FTC agreement. The case, which involved former executives like Sheryl Sandberg and Marc Andreessen, followed revelations of data misuse by Cambridge Analytica and a 2019 $5 billion FTC fine.

reuters.com

Meta Platforms, Inc. (formerly Facebook, Inc.) is a global social networking company that develops social media applications for connecting users through mobile devices, computers, and other surfaces. Its products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. The company was founded in 2004 and is headquartered in Menlo Park, CA.

forbes.com

Brookstone Capital Management increased its position in Meta Platforms, Inc. (NASDAQ:META) stock, signaling confidence in the company's future performance.

marketbeat.com

Meta Platforms, Inc. (META) acquired a minority stake in EssilorLuxottica Société anonyme (EL) for approximately $3.5 billion, marking a strategic investment in the French eyewear and optics company. The transaction, valued at around ?3 billion, was completed on July 9, 2025, with Meta holding slightly less than 3% of the company.

marketscreener.com

The German Federal Ministry of Health introduced the draft law on the Digital Act in mid-July 2023, imposing stringent requirements on digital health data processing in Germany, impacting Swiss companies using cloud services. The laws aim to enhance healthcare digitization and data utilization, with extraterritorial implications for Swiss providers of digital health services. Companies must ensure their cloud providers comply with BSI C5 Type 2 audit reports by July 2025 to process health data of German patients.

pwc.ch

    Description

    Meta Platforms, Inc., formerly known as Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. It is focused on building the metaverse and immersive experiences like augmented, virtual, and mixed reality.