Personalized advertising that are presented to Facebook and Instagram users account for virtually all of Facebook’s revenue. The firm also has a growing hardware product line, which is developing devices like as the Portal video-calling gadget, Oculus virtual-reality headsets, and smart eyewear, all of which are set to arrive in 2021. The news comes on the heels of the FTC’s attempt to unravel Facebook’s Instagram and WhatsApp acquisitions, which was dismissed by a federal judge after the FTC failed to provide sufficient evidence that the business is a monopoly.
