Questions about Meta Platforms

Short answers, pulled from the story.

When did Mark Zuckerberg establish TheFacebook, Inc.?

Mark Zuckerberg established TheFacebook, Inc. in 2004.

What was the valuation of Meta Platforms after its initial public offering on May 18 2012?

Underwriters valued shares at $38 each creating a $104 billion valuation for the newly public entity.

Why did Facebook change its name to Meta Platforms on October 28 2021?

The company rebranded following intense scrutiny and damaging whistleblower leaks while introducing a metaverse vision sent by Oculus lead Jason Rubin in 2018.

How much money did Meta lose from its market capitalization during the stock decline in 2022?

A 27% reduction in share price eliminated some $230 billion of value from Meta's market capitalization and total revenue slipped by 1% to $28.8bn in July 2022.

Which companies did Meta acquire between April 2012 and December 2025?

Meta acquired Instagram for approximately US$1 billion in April 2012 WhatsApp for US$19 billion in February 2014 Oculus VR for $2.3 billion later that year Giphy for $400 million in May 2020 Kustomer slightly over $1 billion in November 2020 Lofelt in September 2022 Limitless in December 2025 and Manus AI for $2 billion achieving $100mm in recurring revenue just 8 months after launch.

What fines has Meta Platforms received for data privacy violations in Europe and the United States?

Ireland's Data Protection Commissioner imposed a record EUR 1.2 billion fine on Meta for transferring data from Europe to United States without adequate protections for EU citizens while the European Data Protection Board issued another €1.2 billion fine in May 2023 for breaching data privacy laws.