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nomofica t1_iy3yqjv wrote

When Facebook expanded to other things beyond social media and advertising, they started managing all that under the parent company of Meta. They're separate legal entities because they are responsible for different things. Both entities are failing.

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Bernie_Ecclestone t1_iy489qe wrote

They are definitely not separate legal entities. All the apps + VR are housed under the company Meta.

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thesuffixx t1_iy4ji4q wrote

They definitely are separate legal entities. Meta is the umbrella company for Facebook, Whatsapp and Instagram

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Bernie_Ecclestone t1_iy4la26 wrote

Meta Platforms LLC is the one and only entity - Facebook, etc are absolutely not separately operating companies. They are organizations under Meta.

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thesuffixx t1_iy4otf1 wrote

Honestly how can you think that a company as large as Meta only has one legal entity? I think we are saying the same thing but yoh are misunderstanding what a legal entity is maybe?

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