Meta Platforms (META) Company Report

On January 20, 2026, the FTC filed a notice of appeal challenging a November 2025 D.C. district court decision that cleared Meta of unlawfully maintaining a monopoly through its acquisitions.
Judge Boasberg held that Meta lacks monopoly power, citing strong competition from platforms such as YouTube and TikTok.
The FTC contends Meta preserved dominance by its “killer acquisition” strategy, notably buying Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014.
A successful appeal could impose structural remedies, including unwinding those acquisitions, and set a precedent for Big Tech antitrust enforcement.

3 days ago

Bloomberg

Meta Platforms faces UK regulator over illegal gambling ads

META

Legal Proceedings

The UK Gambling Commission accused Meta of turning a blind eye to illegal gambling ads on Facebook and Instagram after uncovering unlicensed operators targeting UK users via its public ad library.
Regulators found ads explicitly referencing "not on GamStop," signaling evasion of Britain’s self-exclusion scheme and broader criminality.
Meta said it removes ads once notified and suggested regulators leverage its AI detection tools, but the Commission reported very limited progress and urged proactive enforcement.
Meta shares traded near $620 as investors processed the watchdog’s remarks.

5 days ago

Bloomberg

Meta announces $100B AI data-center investment plan

META

New Projects/Investments

Hiring

Meta plans to spend over $100 billion in 2026 capex on a global AI data-center buildout, raising near-term cash-flow and capital-intensity concerns.
CEO Mark Zuckerberg hired Dina Powell McCormick as President and Vice Chair to secure partnerships with governments and sovereign funds.
Despite heavy AI spending, Meta’s core business maintains high operating margins and robust revenue growth, with Wall Street holding a Strong Buy consensus and lofty price targets.
Meta formed a partnership with Wikipedia to enhance AI training data as part of its broader AI capability expansion.
AI data-center vendors like Lumentum have surged, with shares up 328% over the past year on rising demand and improved margins.

8 days ago

Barron's

Meta Platforms report finds hedge fund crowding diverged by region in 2025

META

In North America, hedge fund crowdedness on the long and short sides was dominated by Technology, Financials, and Healthcare, with positions moving in tandem throughout 2025.
In EMEA, crowding rotated toward Industrials and Financials, driven by policy-led investment in defense and energy spending.
APAC positioning centered on Industrials and Technology Hardware, reflecting the region’s role in manufacturing and AI supply chains.
At the security level, longs were most crowded in Alphabet, Microsoft, and Meta Platforms, while shorts clustered around IBM, Strategy, and Synopsys.
The report features a month-over-month heatmap of crowdedness changes in 2025 and notes that ongoing geopolitical frictions and a potential IPO super-cycle in 2026 could heighten volatility and create new opportunities.

Jan 14, 2026, 2:30 PM

Press Release

Meta plans to double Ray-Ban smart glasses production

META

New Projects/Investments

Product Launch

Meta and EssilorLuxottica are in talks to double annual production of Ray-Ban AI smart glasses to ~20 million units, potentially exceeding 30 million if demand holds.
The partnership, running since 2019, launched smart frames in 2021 and is nearing a 10 million-pair target by late 2026; Meta has paused some international sales to prioritize U.S. shipments amid shortages.
Meta’s Reality Labs unit has lost over $60 billion since 2020 and cut 1,000+ jobs as the company shifts focus from metaverse to AI-enabled hardware.
The latest Ray-Ban Display model launched in the U.S. in September at $799, with traction driven by its AI assistant and display features.

Jan 13, 2026, 3:04 PM

Bloomberg

Meta Platforms acquires AI agent startup Manus

META

M&A

New Projects/Investments

Meta Platforms has agreed to acquire Singapore-based Manus, maker of autonomous general-purpose AI agents, integrating its team and technology into Meta AI while keeping the service operational and selling subscriptions globally.
Manus’s agent has processed over 147 trillion tokens, created over 80 million virtual computers, serves millions of users and businesses, and reported an annual revenue run rate of about $125 million earlier this year.
Financial terms were not disclosed; Meta frames the deal as part of its priority to build a business around its AI investments and accelerate monetization.
Observers say Manus’s robust execution layer for automating multi-step workflows strengthens Meta’s competitive position against AI-first productivity platforms.

Dec 29, 2025, 10:23 PM

Bloomberg

Meta Platforms ordered to suspend WhatsApp chatbot exclusions

META

Legal Proceedings

Italy’s antitrust authority (AGCM) ordered Meta Platforms to suspend new WhatsApp Business Solution terms that would exclude rival AI chatbots from the messaging platform.
The contested terms, introduced on Oct. 15, 2025, were due to take full effect by Jan. 15, 2026, and the AGCM is coordinating with a parallel European Commission probe.
The investigation, opened in July 2025 and expanded on Nov. 25, alleges an abuse of dominance under Article 102 TFEU and specifically targets Meta Platforms Inc., Meta Platforms Ireland Limited, WhatsApp Ireland Limited and Facebook Italy.
The interim order bars services such as Luzia, Perplexity and Poke.com from operating on WhatsApp; Meta has called the decision “fundamentally flawed” and plans to appeal.

Dec 24, 2025, 7:44 AM

WSJ

Meta settles Delaware derivative suit, hearing set for April 2026

META

Legal Proceedings

On July 17, 2025, Meta and plaintiffs in the Delaware derivative action In re Facebook Inc. Derivative Litigation reached a settlement in principle, subject to court approval.
On December 5, 2025, the Court of Chancery entered a Scheduling Order scheduling a settlement hearing on April 7, 2026 at 1:30 p.m. ET and requiring distribution of the Settlement Stipulation and Notice to stockholders.
The Settlement Stipulation (Exhibit 99.1) and Notice of Pendency and Settlement Hearing (Exhibit 99.2) are attached to this Form 8-K and available on Meta’s Investor Relations website.
The proposed Settlement provides Meta with a $190 million cash payment and includes corporate governance reforms such as enhancements to the whistleblower program, adoption of a director code of conduct, revised director conflicts policy, and updated insider trading policy.

Dec 12, 2025, 9:14 PM

8-K

Meta plans EU ad personalization choice

META

Legal Proceedings

Beginning January 2026, EU users can choose between fully personalized or less personalized ads by opting in to share different levels of personal data for advertising.
The move implements the EU’s Digital Markets Act after Meta received a warning in June 2025 about daily fines and was fined €200 million for previous DMA breaches.
The European Commission highlighted this as the first time Meta has offered such a choice on Facebook and Instagram, enhancing user control over data privacy.

Dec 8, 2025, 12:01 PM

WSJ

Meta acquires Limitless to boost AI wearables development

META

M&A

New Projects/Investments

Meta has acquired Limitless, an AI startup known for its AI-powered pendant, to accelerate development of context-aware wearable devices and advance its vision of personal superintelligence.
Limitless was co-founded by Brett Bejcek and Dan Siroker and had raised over $33 million from investors including Andreessen Horowitz, First Round Capital, and NEA prior to the acquisition.
Post-acquisition, Limitless will immediately halt hardware sales and discontinue its Rewind desktop app, while supporting existing users for one year and migrating them to an Unlimited Plan with no subscription fees.
The deal underlines Meta’s strategic shift, with resources reallocated from its metaverse group to a new Reality Labs studio dedicated to AI glasses and other devices.