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The company that Attorney General Todd Rokita sued along with 41 other states is now bringing its business to Indiana. Meta, the parent company of Facebook and Instagram, announced on Thursday it ...
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Meta has committed an $800 million investment and is creating at least 100 jobs in the Louisville area. Here's what to know. Facebook is coming to the Louisville area.
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]
Meta employs an estimated 60,000–80,000 employees as of 2023. [1] Facebook subcontracts an additional estimated 15,000 content moderators around the world. [ 2 ] The majority of unionized workers at Meta in the United States are subcontractors working as security guards, janitors, bus drivers and culinary staff.
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 .
Meta kicked off 2025 by overhauling its content moderation system, rolling back DEI, and announcing more layoffs — all in the span of days. Meta's 2025 is off to a 'frenzied start.'
Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of Instagram and WhatsApp .