Meta Platforms, Inc.

US30303M1027

Internet Services

Real-time Estimate Cboe BZX Other stock markets 09:20:14 03/12/2024 pm IST			5-day change	1st Jan Change
597.32 ^USD	+0.76%		+4.31%	+69.02%

03:56pm	Meta Platforms Reports Minimal AI Misuse During 2024 Global Elections	MT
02:06pm	Meta says gen AI had muted impact on global elections this year	RE

Ex-Facebook Exec Criticizes Australia Under-16 Media Ban

November 29, 2024 at 04:37 pm IST

Australia is on the brink of implementing some of the strictest social media regulations globally, including a ban on platforms like Facebook and TikTok for children under 16. Stephen Scheeler, former chief executive officer of Facebook ANZ, shares his perspective on the feasibility of this ban and the potential challenges it could pose.

Bloomberg videos, provided by MT Newswires

Latest news about Meta Platforms, Inc.

Meta Platforms Reports Minimal AI Misuse During 2024 Global Elections	08:26pm	MT
Meta says gen AI had muted impact on global elections this year	06:36pm	RE
Microsoft-Backed OpenAI Considers Advertising to Boost Revenue	03/12	MT
Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Solar Project in Oregon	03/12	CI
Trade tensions and tariff tremors	02/12
KGI Securities Adjusts Price Target on Meta Platforms to $725 From $665	02/12	MT
Australia Proposes Fines of up to $33 Million for Tech Firms Over Anti-Competitive Practices	02/12	MT
Tesla leads November's global market value surge	02/12	RE
Australia Passes Law Banning Youth Under 16 From Social Media, Imposing Fines on Tech Companies	02/12	MT
Meta tightens ad rules to curb financial scams aimed at Australians	01/12	RE
Australia PM Albanese says Musk pushing agenda for X in social media ban criticism	01/12	RE
Meta Platforms to Build $10 Billion Subsea Cable Around the World	29/11	MT
Top Midday Stories: Meta to Face Trial in 2025; Citigroup Closer to Banamex Spinoff; EC Closes Fiat, Amazon, Starbucks Tax Rulings Probes	29/11	MT
Meta Platforms Plans $10 Billion Fiber-Optic Subsea Cable, TechCrunch Reports	29/11	MT
Spanish Court Sets October 2025 Trial for Lawsuit Against Meta on Advertising Practices	29/11	MT
Meta Platforms to Face Trial in 2025 in Spain Over Alleged Unfair Competition	29/11	MT
Meta faces trial in October on unfair competition case lodged by Spanish media	29/11	RE
Australia Passes Law Banning Youth Under 16 From Social Media, Imposing Fines on Tech Companies	29/11	MT
Ex-Facebook Exec Criticizes Australia Under-16 Media Ban	29/11	MT
Australian social media ban started with call to act by poilitican's wife	29/11	RE
Big tech says Australia "rushed" social media ban for youths under 16	29/11	RE
Australia social media ban criticized, applauded in Europe	29/11	RE
Australian PM Albanese says social media firms now have a responsibility to protect kids	29/11	RE
Australia passes social media ban for children under 16	28/11	RE
What countries do to regulate children's social media access	28/11	RE

Chart Meta Platforms, Inc.

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Company Profile

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ; - sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Employees

72,404

Sector

Internet Services

Calendar

29/01/2025 - Q4 2024 Earnings Release (Projected)

More about the company