Meta Platforms, Inc. published its 2024 Annual Report (Form 10-K) for the fiscal year ended December 31, 2024. The company reported results across two segments: Family of Apps and Reality Labs, with the business continuing to be primarily driven by advertising placements across its apps, while Reality Labs generated revenue from consumer hardware, software, and content. Meta highlighted ongoing investments in artificial intelligence across its products and advertising tools, and continued development of metaverse and wearable initiatives, while noting that Reality Labs is expected to continue operating at a loss for the foreseeable future. The report also described key areas of intended focus in 2025, including generative AI, its discovery engine, Threads, monetization initiatives, platform integrity, and infrastructure capacity. The full report can be accessed through the link below.

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