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On Monday, Meta revealed plans to open its first retail location at its Burlingame, Calif., campus, so the public can “discover Portal, Ray-Ban Stories and Quest 2 and try them out in person.”
Meta Platforms, Inc., [9] doing business as Meta, [10] and formerly named Facebook, Inc., and TheFacebook, Inc., [11] [12] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [13]
The Meta Horizon Store, known from 2013 to 2015 as Oculus Share, 2015 to 2022 as Oculus Store and from 2022 to 2024 as the Meta Quest Store, is the main video game and app store digital distribution service and storefront developed by Meta Platforms for the Meta Quest and its successors, as well as for Meta Horizon OS-based devices.
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Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held by rival Friendster. The majority of the companies acquired by Meta are based in the United States, and in turn, a large percentage of these companies are based in or around the San Francisco Bay Area .
Here is how Meta performed in the third quarter, which disappointed investors: Revenue : $27.7 billion versus $27.4 billion expected Earnings Per Share (EPS) : $1.64 versus $1.89 expected
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Reality Labs, formerly Oculus VR, is a business and research unit of Meta Platforms (formerly Facebook Inc.) that produces virtual reality (VR) and augmented reality (AR) hardware and software, including virtual reality headsets such as the Quest, and online platforms such as Horizon Worlds.