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16th Sep 2024

Meta Platforms

[META] Computer Software: Programming Data Processing

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Meta Platforms (META)

Meta Platforms, formerly known as Facebook, is a social media giant with leading platforms like Facebook, Instagram, and WhatsApp. The company is heavily investing in the metaverse, virtual reality, and augmented reality technologies, seeing them as the future of social interaction. While digital advertising is a major revenue driver, Meta faces challenges related to privacy concerns, regulatory scrutiny, and competition from other social platforms. Its shift toward the metaverse represents a significant strategic pivot.


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