Individual Major Shareholders:
Institutional Major Shareholders:
Vanguard Group, Inc. is a provider of retirement investment services with $2.5 trillion in assets under management as of December 31, 2016. ..
BlackRock Inc. which sells the iShares ETF range of products owns 5.4% of the outstanding shares.
What is Instagram?
Instagram is a social media platform where users can share pictures, videos, and chat with others. It was launched in 2010 by Kevin Systrom and Mike Krieger, and it saw immense growth in just a little over a year. As of 2019, Instagram has over 1 billion users worldwide.
Who Owns Instagram?
Since then, Instagram has become one of the most popular social media platforms in the world with over 1 billion active users. It has been used to share photos and videos, as well as to connect with friends and family. However, there have been a number of controversies surrounding Instagram, including allegations of user data theft and privacy violations.
Ownership Details:
Facebook was renamed Meta in October 2021 and is the leading social media network company in the world. It completely owns Instagram, with its acquisition rate being approximately USD 1 billion in cash and stocks. Statistics hint that Instagram now generates more revenue than its parent company. Facebook or rather Meta has recently acquired other companies like WhatsApp and Oculus as well.
Metaverse:
Metaverse is a new concept that revolutionizes how one views virtual spaces and extends the boundaries of digital boundaries. Metaverse blends physical and virtual living to a point where it brings the future to now. Its components include virtual reality and augmented reality, along with usage of the highly developed 3D technology. Metaverse is also gradually turning into a commercial hub, where people monetize both their logical and artistic assets. ..
Facebook’s CEO, Mark Zuckerberg, is valued at around $74 billion.
Virtual reality is a technology that provides simulated experience using advanced technology. This technology has the potential to change the way we interact with the world around us, and could have a significant impact on fields such as education, entertainment, and healthcare. ..
NFTs are digital tokens that are now used for commercial purposes. They are different from traditional currency, which is physical. NFTs can be used to purchase goods and services, and they can also be used to pay for transactions in the blockchain network.
