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In November 2022, Meta laid off 11,000 employees, 13% of its workforce. Zuckerberg said the decision to aggressively increase Meta's investments had been a mistake, as he had wrongly predicted that the surge in e-commerce would last beyond the COVID-19 pandemic.
Oct 1, 2024 · Meta Platforms (META -4.09%) has been a dream stock for investors, returning 90% over the past year and an even more spectacular 548% since its low in 2022, when shares briefly traded under $90.
- Dan Victor
Prefixes rarely make headlines, but with Facebook's rebrand, "meta" became a word for 2021. Nathan Dufour Oglesby explores its deeper meanings and ancient origins.
Oct 28, 2021 · Today at Connect 2021, CEO Mark Zuckerberg introduced Meta, which brings together our apps and technologies under one new company brand. Meta’s focus will be to bring the metaverse to life and help people connect, find communities and grow businesses.
Meta's leaders are guiding our company as the metaverse evolves, helping to create the next evolution of digital connection. Meta's mission is to give people the power to build community and bring the world closer together. Learn more about our culture, employees and leadership team.
Sep 18, 2024 · Nowadays, Meta is at the forefront of digital communication, virtual reality and artificial intelligence. The company also continues to dominate social media through platforms like Facebook, Instagram and WhatsApp, while also offering immersive experiences through its Oculus VR products and advanced AI search.
Meta (formerly the Facebook company) builds technologies that help people connect, find communities and grow businesses. We're moving beyond 2D screens and into immersive experiences like virtual and augmented reality, helping create the next evolution of social technology.
