Meta

Meta

Social media platforms and virtual reality solutions

About

Company Historically Provides H1B Sponsorship

Meta Platforms Inc. focuses on social media, communication tools, and virtual reality. It operates popular platforms like Facebook, Instagram, and WhatsApp, allowing users to connect, share content, and engage in communities. The Oculus division provides virtual reality hardware and experiences. Meta's primary revenue comes from advertising, offering businesses tools to target specific audiences using insights from its large user base. This advertising service is scalable and allows for tailored audience segmentation. Additionally, Meta explores revenue through virtual reality product sales and the metaverse, where it looks to monetize virtual goods and services. The company also invests in artificial intelligence and augmented reality to enhance its offerings, aiming to combine user engagement with advanced marketing tools.

Company Stage

IPO

Employees

10,001+

Industries

VR & AR, Consumer Software, Financial Services

Total Funding

$2.2B

Headquarters

Menlo Park, California

Founded

2004


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased user engagement from TikTok's potential ban boosts Meta's advertising revenue.
  • Meta's renewable energy acquisition enhances its brand image among eco-conscious consumers.
  • Meta's AI-powered search engine development diversifies its digital advertising offerings.

What critics are saying

  • Turning off AI for detecting fakes may increase misinformation on Meta's platforms.
  • Layoffs of 3,600 workers could impact Meta's innovation and competitive edge.
  • Increased scrutiny on data practices due to TikTok's potential ban affects Meta.

What makes Meta unique

  • Meta's SEAMLESSM4T AI model offers real-time translation in 101 languages.
  • Meta's platforms like Instagram and Facebook benefit from TikTok's potential U.S. ban.
  • Meta's VR concerts, like the Shawn Mendes event, expand user engagement opportunities.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

10%

2 year growth

3%

Benefits

Stock Options

Company Equity

Mental Health Support

Flexible Work Hours

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