Mark Zuckerberg revealed the new name of his company in 2021.
At the end of 2021, Facebook's parent company was renamed Meta. Meta as metaverse, the future of the Internet according to Mark Zuckerberg, where physical and virtual realities will mix.
Abandoned by younger people in favor of Snapchat and TikTok, Facebook admitted in February 2022 to having lost a million active daily users. It still retains 1.96 billion, or nearly a quarter of the world's population.
After the announcement of falling profits and a slowdown in growth, Meta lost more than a quarter of its value on the stock market on Thursday February 3, 2022, wiping out more than 200 billion of US dollars (C$267.6 billion) in valuation, unheard of on Wall Street. The decline continues throughout the year before a spectacular rebound in 2023.
Facebook blocks news on its platform in Canada, in following the adoption of Bill C-18, which aims to force digital giants to agree with Canadian media on the payment of royalties for the use of their content.
To compete with summer 2023.
Since last November, Facebook and Instagram have offered a paid version in Europe without advertising for people who refuse to give access to their personal data.< /p>
At the beginning of 2024, the group regained a capitalization of more than 1,000 billion US dollars (1,338.2 billion Canadian dollars).