Meta is the company that operates Facebook after adopting its new name in 2021.
Facebook's parent company changed its corporate name to Meta Platforms in October 2021. The rebranding separated the corporate identity from one individual social-network product and emphasized the company's interest in building the metaverse, a term for interconnected immersive digital environments.
Facebook, Instagram, WhatsApp, and Messenger remained major products within the company. The renaming did not change the Facebook service's name; it changed the listed parent company's name and stock-market identity from Facebook, Inc. to Meta Platforms, Inc.
Meta's market capitalization reflects investor expectations about advertising, user engagement, artificial intelligence, messaging, virtual reality, and other businesses. A common mix-up is to call the whole corporation Facebook; since 2021, Facebook has been one of Meta's principal platforms rather than the parent company's official name.