Formerly Facebook, Meta Platforms (NASDAQ: META) is ‘The Social Network’, with more than 3 billion active users across its three platforms of Facebook.com, WhatsApp and Instagram. It generates most of its revenue from targeted advertising on its platforms. It also owns virtual reality headset company Oculus.
Facebook Inc (NASDAQ:FB) stock jumped 11% on Thursday after the social media giant released its fourth-quarter results to investors.
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