Which company created Facebook and adopted the corporate name Meta Platforms in 2021?

Meta Platforms created Facebook and adopted its corporate name in 2021.

The company formerly known as Facebook, Inc. announced the name Meta Platforms in October 2021. Facebook remained the name of the social-network service, while the parent company’s new name emphasized its interest in building the metaverse and operating multiple technology platforms.

Meta’s major services include Facebook, Instagram, Messenger, and WhatsApp. These products give the company a huge global advertising business, which has historically been central to its revenue and market valuation. Meta also develops virtual- and augmented-reality hardware and software through its Reality Labs division.

The company was founded as Facebook in 2004 by Mark Zuckerberg and fellow Harvard students. A corporate name change does not automatically change a stock’s identity: Meta trades on Nasdaq under the ticker symbol META, while the Facebook service retains its own brand.