Which company owns Instagram and Facebook, two major social-media platforms?

Meta Platforms owns Instagram and Facebook, two major social-media platforms.

Facebook was founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. It began as a social-networking service for Harvard students before expanding to other universities and then to users around the world.

Facebook's parent company acquired Instagram in 2012 for approximately $1 billion. Instagram remained a separate app and brand while benefiting from the parent company's infrastructure, advertising systems, and global reach.

The corporate name changed from Facebook, Inc. to Meta Platforms, Inc. in 2021. The rebrand reflected the company's emphasis on the metaverse and broader technology ambitions, although Facebook remained the name of one of its flagship products.