Who Owns Facebook?

• Parent Company: Meta Platforms Inc.
• Ownership Type: Brand division
• Company Type: Publicly Traded
• Stock Ticker: NASDAQ: META

• Founded: 2004
• Founders: Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, Chris Hughes

• Founded: 2004
• Headquarters: Menlo Park, California, USA
• Company Type: Publicly Traded
• Stock: NASDAQ: META
• Revenue: $200.97 billion (FY2025)
• Employees: Approximately 78,865

Visit Meta Platforms Inc. website

• Headquarters: Menlo Park, California, USA
• Manufacturing / Operations: United States, Ireland, Singapore, India

Meta has established comprehensive sustainability initiatives focused on renewable energy, water conservation, and responsible operations. The company has committed to achieving net-zero emissions by 2030 and has made significant progress in renewable energy procurement across its data centers and operations.

In renewable energy, Meta has supported wind and solar projects that add almost 29 gigawatts of clean and renewable energy to grids globally. Through its clean and renewable energy procurement efforts, the company has reduced its emissions by 23.8 million metric tons of carbon dioxide equivalent. Meta achieved net-zero emissions for its operations in 2020 and has maintained carbon neutral status through renewable energy investments and efficiency improvements.

The company has invested in water conservation programs, implementing water recycling systems at its data centers and pledging to restore more water than it consumes in water-stressed regions. Meta's data centers use advanced cooling technologies and AI-powered systems to optimize energy and water usage efficiency.

In ethical practices, Meta has established comprehensive content moderation policies, privacy frameworks, and AI ethics guidelines following significant controversies. The company has implemented stronger data protection measures and transparency reports following the Cambridge Analytica scandal and various regulatory actions. However, Meta continues to face scrutiny over content moderation decisions, algorithmic bias, and the impact of its platforms on mental health and democratic processes.

Meta has also established responsible AI principles and invests in research to address concerns about bias, fairness, and transparency in its AI systems that power content recommendations and advertising targeting.

Facebook has received numerous awards and recognitions for technological innovation, workplace culture, and digital platform excellence. The platform has been consistently recognized as one of the world's most influential technology products and has received multiple Webby Awards for social media innovation.

In workplace culture, Meta (formerly Facebook) has regularly appeared on Fortune's "100 Best Companies to Work For" list and has been recognized for its employee benefits, workplace amenities, and engineering culture. The company has also received awards for diversity and inclusion initiatives and family-friendly workplace policies.

Facebook's advertising technology and platform capabilities have earned recognition from the digital marketing industry, including multiple awards for advertising innovation and effectiveness. The Meta Ads platform has been honored for its targeting capabilities, measurement tools, and return on investment for advertisers.

The company's sustainability efforts have received environmental leadership awards for renewable energy procurement and carbon neutrality achievements. Meta has been recognized by environmental organizations for its commitment to clean energy and sustainable data center operations.

In user experience and design, Facebook has received recognition for its accessibility features, mobile app design, and continuous innovation in social networking features. The platform's connectivity and communication tools have been honored for their impact on global social interaction and information sharing.

Facebook has faced numerous controversies and regulatory challenges throughout its history, primarily related to data privacy, content moderation, and market dominance. The most significant controversy was the Cambridge Analytica data scandal in 2018, where personal data from millions of users was improperly shared with a political consulting firm without user consent.

The Cambridge Analytica scandal led to multiple regulatory actions and settlements. In 2022, Meta agreed to pay $725 million to settle a class-action lawsuit related to the data breach. In 2023, the company was fined a record €1.2 billion under the EU's General Data Protection Regulation (GDPR) for data transfer violations, one of the largest privacy fines ever imposed.

Facebook has faced ongoing scrutiny over content moderation practices, including accusations of both censorship and insufficient regulation of harmful content. The platform has been criticized for its role in spreading misinformation, hate speech, and election interference, leading to increased regulatory pressure in multiple countries.

The company has been subject to multiple antitrust investigations by the U.S. Federal Trade Commission, European Union regulators, and other competition authorities. In 2025, Meta shareholders filed an $8 billion lawsuit against Mark Zuckerberg and other company leaders, alleging illegal data harvesting and violations of securities laws.

Facebook has also faced criticism over its impact on mental health, particularly among teenagers, with internal research suggesting links between social media use and negative mental health outcomes. The company has been accused of prioritizing growth and engagement over user safety and well-being.

In response to these controversies, Meta has implemented stronger privacy controls, increased transparency reporting, and invested in content moderation infrastructure, though the company continues to face regulatory challenges and public scrutiny.