Meta Chief Global Business Officer Joel Kaplan to Depart in 2027
META Meta Platforms Inc
$694.25 -1.59%
View chart & analysis → - 1Meta's Chief Global Business Officer Joel Kaplan plans to leave the company in 2027.
- 2Meta recorded $60.88 billion in revenue for the second quarter, achieving a 28% year-over-year revenue increase.
- 3Meta is accelerating investments in artificial intelligence and data centers, with 2026 capital expenditure expected to rise from $130 billion to $145 billion.
So what's the key point?
Joel Kaplan, a key executive at Meta, is set to leave the company in 2027. Meta's revenue grew by 28% and the company plans to spend more on artificial intelligence.
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