Who owns Facebook? Meta CEO Mark Zuckerberg
Meta, formerly known as the Facebook Company, is publicly traded, so it's not owned by a single person or company. But Facebook founderGoing all in on Zuckerberg's metaverse bet,Zuckerberg, CEO of Meta, runs the umbrella of products that live under the corporate Meta name.
Some of those funds went toward growing Facebook's footprint. In the 2010s, the company made several high-profile acquisitions, shelling out $19 billion for WhatsApp, $2 billion for Oculus, and $1 billion for Instagram., including hacks, data privacy scandals, and scrutiny over its handling of political content on the platform.
But with its family of apps reaching billions, Facebook was a financially healthy company that could support its business through the sale of targeted advertising to a gigantic user base. That business model came under threat in 2021 when Apple introduced a privacy update into its software that gave iPhone users the option to"Ask App Not To Track" their browsing behavior. On a call discussing fourth-quarter
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