Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here's how

Business: Meta Platforms builds technologies that help people find communities and grow businesses. The company's products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables and in-home devices. The company operates through two segments: Family of Apps (FoA) and Reality Labs (RL). FoA includes Facebook, Instagram, Messenger, WhatsApp and other services. RL includes augmented and virtual reality-related consumer hardware, ...