Meta Faces Existential Threat in Trial Over Instagram, WhatsApp Acquisition

Meta Platforms, Inc., the owner of Facebook, is facing an existential threat in a trial over its Instagram and WhatsApp platforms. The company's net sales break down by activity as operation of social networking platforms (98.6%) and sale of virtual and augmented reality products, software and devices (1.4%). Net sales are distributed geographically across the United States, Canada, Asia-Pacific, Europe, and other regions.