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Meta Platforms, Inc (META) formerly known as Facebook, is the world’s largest social media platform with a portfolio of apps including Instagram and WhatsApp. It measures its user base in daily and monthly active users, with advertising being its main source of revenue. The company faces competition from Google, Twitter, Amazon, and Snapchat-parent Snap, as well as Apple, YouTube, Bytedance, and Tencent. Meta recently changed its name to reflect its focus on the metaverse. META is listed on NASDAQ and is a component of NASDAQ 100 and S&P…
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