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The parent company of Facebook rebranded as Meta Platforms in October 2021. Current CEO Mark Zuckerberg, along with Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, founded the company in 2004. Meta’s flagship app remains a moneymaker, with robust ad sales revenue, and the company has focused its efforts on its video feature, Reels. Meta is facing headwinds of late with regard to privacy, trust and safety, and payments.

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Elon Musk at Space X in Brownsville, Texas. Photo by Marvin Joseph/ Getty Images.
Exclusive

SpaceX Discusses Dividing Up Bank Roles in Echo of Alibaba’s Lineup

By Valida Pau · Mar 13, 2026 10:06am PDT · 1 comment
When companies typically go public, they appoint one or two investment banks to oversee everything—from valuing the company to lining up investors. That’s not how Elon Musk plans to handle the upcoming SpaceX giant’s initial public offering. The rocket and AI firm has discussed dividing up roles among a larger group of investment banks,... When companies typically go public, they appoint one or two investment banks to oversee...
Gemini co-founders Tyler and Cameron Winklevoss during the company's initial public offering in September. Michael Nagle/Getty Images.

Winklevosses Bet Big on a Crypto Bull Market. They Bet Wrong

By Yueqi Yang and Michael Roddan · Mar 12, 2026 6:00am PDT
Shortly after Tyler and Cameron Winklevoss took their crypto exchange public last fall, they celebrated the company’s expansion in Australia with a swanky party at a greenhouse in Sydney’s Royal Botanic Garden. The Winklevoss twins appeared via video link before a DJ played for a throng of supporters. “We’re in Australia for good,” James Logan,... Shortly after Tyler and Cameron Winklevoss took their crypto exchange public last fall, they...
Photo by Gabby Jones/ Getty Images
Dealmaker

What Quince’s $10 Billion-Valuation Round Says About Consumer Investing

By Katie Roof · Mar 10, 2026 4:24pm PDT
Is investing in consumer startups back? Well, it’s back from the dead.When we broke the news of fashion e-tailer Quince’s $10 billion valuation last week, I thought maybe I was back in 2021. It wasn’t long ago that direct-to-consumer brands like Warby Parker and Daily Harvest and more were raking in investment dollars. But following some... Is investing in consumer startups back? Well, it’s back from the dead.When we broke the news of...
Art by Mark Sullivan.
The Big Read

OpenAI Readies Itself for Its Facebook Era

By Kalley Huang, Erin Woo and Stephanie Palazzolo · Oct 24, 2025 6:03am PDT · 6 comments
This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her first all-hands meeting as the startup’s new CEO of applications, she acknowledged that she and many others at OpenAI shared the same background: They’d previously worked at Meta Platforms. And then Simo, who’d risen to be head of Facebook over a decade... This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her...
Meta CEO Mark Zuckerberg via Getty
Creator Economy

Why Facebook Mulled Wiping Friends Lists

By Kalley Huang and Kaya Yurieff · Apr 22, 2025 2:02pm PDT
Trials are great for airing technology executives’ private ruminations, including some of their most out-there strategies. Among the most extraordinary that have so far come to light in the Federal Trade Commission’s antitrust lawsuit against Meta Platforms is CEO Mark Zuckerberg’s “potentially crazy idea” in 2022 for refreshing Facebook: ... Trials are great for airing technology executives’ private ruminations, including some of their...