Unnamed: 0
float64
0
358
Ticker
stringclasses
2 values
Year
stringclasses
9 values
Text
stringlengths
4
4.06k
Embedding
stringlengths
9
34.6k
279
META
2019
As of December 31, 2019, $19.01 billion of the $54.86 billion in cash and cash equivalents and marketable securities was held by our foreign subsidiaries. The Tax Act imposed a mandatory transition tax on accumulated foreign earnings and eliminated U.S. taxes on foreign subsidiary distributions. As a result, earnings i...
[-0.0036132666282355785, -0.04497678577899933, 0.005845666863024235, -0.03332490473985672, -0.01325631607323885, -0.001306069316342473, -0.02288292534649372, -0.00860082358121872, -0.0028669412713497877, -0.007397497538477182, 0.023593086749315262, 0.017451519146561623, -0.010882540605962276, 0.029221760109066963, 0.00...
280
META
2019
In July 2019, we entered into a settlement and modified consent order to resolve the inquiry of the FTC into our platform and user data practices, which is pending federal court approval. The settlement requires us to pay a penalty of $5.0 billion, which is included in accrued expenses and other current liabilities on ...
[0.003192286007106304, -0.0001500798243796453, 0.000802225957158953, -0.03570840135216713, -0.03238483518362045, 0.018093498423695564, -0.01911715604364872, -0.0021869069896638393, 0.0014806491089984775, -0.01659124530851841, 0.04256824404001236, 0.021802598610520363, 0.0010211659828200936, -0.007524555549025536, 0.018...
281
META
2019
We currently anticipate that our available funds, credit facility, and cash flow from operations will be sufficient to meet our operational cash needs for the foreseeable future.
[-0.01715962588787079, -0.027465667575597763, -0.01203869003802538, -0.0058268285356462, -0.0159660242497921, 0.005236444994807243, -0.024154387414455414, -0.00194762391038239, -0.0067509072832763195, 0.014066529460251331, 0.03010956011712551, 0.00859906431287527, -0.0266185961663723, -0.020214218646287918, -0.00520115...
282
META
2019
Cash flow from operating activities during 2019 primarily consisted of net income adjusted for certain non-cash items, such as $5.74 billion of depreciation and amortization and $4.84 billion of share-based compensation expense. The increase in cash flow from operating activities during 2019 compared to 2018 was primar...
[-0.019231537356972694, -0.015711363404989243, 0.013090645894408226, -0.028549643233418465, -0.010935833677649498, -0.010761119425296783, -0.0074674272909760475, -0.010683468542993069, -0.012262369506061077, -0.01461130939424038, 0.01721261441707611, 0.01867503859102726, -0.009939313866198063, 0.00046792751527391374, 0...
283
META
2019
Cash flow from operating activities during 2018 mostly consisted of net income, adjusted for certain non-cash items, such as total depreciation and amortization of $4.32 billion and share-based compensation expense of $4.15 billion. The increase in cash flow from operating activities during 2018 compared to 2017 was mo...
[-0.036410313099622726, -0.01671460270881653, 0.0017342036589980125, -0.025275738909840584, -0.007178870495408773, -0.013618833385407925, -0.007854078896343708, -0.016383366659283638, -0.011261972598731518, -0.0168802198022604, 0.014459659345448017, 0.024562310427427292, -0.01397554762661457, 0.004793344996869564, -0.0...
284
META
2019
Cash used in investing activities during 2019 mostly resulted from $15.10 billion of net purchases of property and equipment as we continued to invest in data centers, servers, office buildings, and network infrastructure, and $4.19 billion of net purchases of marketable securities. The increase in cash used in investi...
[-0.011493179015815258, -0.020536361262202263, 0.013789249584078789, -0.025449182838201523, -0.007112687453627586, 0.007183237001299858, -0.017393695190548897, -0.01795809343457222, 0.01931777596473694, -0.01688060723245144, 0.01668819971382618, 0.029759125784039497, -0.022049972787499428, 0.01353270560503006, 0.016175...
285
META
2019
Cash used in investing activities during 2018 mostly resulted from $13.92 billion of capital expenditures as we continued to invest in data centers, servers, network infrastructure, and office buildings, offset by $2.47 billion of net sales and maturities of marketable securities. The decrease in cash used in investing...
[-0.027177002280950546, -0.015414013527333736, 0.005560101009905338, -0.015272600576281548, -0.006762111093848944, 0.010728102177381516, -0.021186234429478645, -0.019219307228922844, 0.02056915871798992, -0.033090636134147644, 0.02697131037712097, 0.04661485552787781, -0.02126336842775345, 0.010117455385625362, 0.01233...
286
META
2019
We anticipate making capital expenditures of approximately $17 billion to $19 billion in 2020.
[-0.0034051616676151752, -0.01880946382880211, 0.007089222315698862, -0.006836267188191414, -0.009430675767362118, 0.008230762556195259, -0.02942059561610222, -0.0032851702999323606, 0.003635415341705084, 0.02197464369237423, 0.018524078652262688, 0.03134045749902725, -0.008444800972938538, -0.01012468058615923, 0.0181...
287
META
2019
Cash used in financing activities during 2019 mostly consisted of $4.20 billion cash used to settle repurchases of our Class A common stock, $2.34 billion of taxes paid related to net share settlement of equity awards, and $552 million of principal payments on finance leases. The decrease in cash used in financing acti...
[-0.008161448873579502, -0.006556450389325619, 0.021820178255438805, -0.026277784258127213, -0.005766947288066149, 0.004506341181695461, -0.014646421186625957, -0.015101279132068157, 0.011670351959764957, -0.01389265712350607, 0.005818930920213461, 0.023561634123325348, -0.009058168157935143, 0.012632050551474094, 0.00...
288
META
2019
Cash used in financing activities during 2018 consisted of $12.88 billion paid for repurchases of our Class A common stock, and $3.21 billion of taxes paid related to net share settlement of equity awards, offset by $500 million in overdraft balances in cash pooling entities. The increase in cash used in financing acti...
[-0.022696681320667267, -0.006421027239412069, 0.00828331895172596, -0.023330379277467728, -0.014497424475848675, 0.0005322566139511764, -0.017355525866150856, -0.015286312438547611, 0.005131002049893141, -0.013824930414557457, 0.0019625192508101463, 0.021868996322155, -0.008031133562326431, 0.01422584056854248, -0.002...
289
META
2019
We did not have any off-balance sheet arrangements as of December 31, 2019.
[-0.020949408411979675, -0.023388637229800224, 0.018865901976823807, 0.0010338133433833718, -0.018446659669280052, 0.006574480794370174, -0.036461371928453445, -0.0010560458758845925, 0.016579126939177513, -0.004328994080424309, 0.036512188613414764, 0.0024900450371205807, 0.01286946702748537, 0.004043146967887878, -0....
290
META
2019
Our principal commitments consist primarily of obligations under operating leases, which include among others, certain of our offices, data centers, land, and colocation leases, as well as contractual commitments related to network infrastructure and data center operations. The following table summarizes our commitment...
[0.018331585451960564, -0.017454857006669044, -0.003169836476445198, -0.043491020798683167, -0.007199796382337809, 0.018145611509680748, -0.0369819812476635, 0.012865318916738033, 0.003692884463816881, -0.02093520201742649, 0.042853400111198425, 0.03735392540693283, -0.012426954694092274, 0.008926684968173504, 0.003526...
291
META
2019
(1)Includes variable lease payments that were fixed subsequent to lease commencement or modification.
[-0.017330097034573555, -0.01007698755711317, -0.01307494007050991, -0.025891991332173347, -0.026923544704914093, 0.005344736389815807, -0.03218446671962738, -0.0030221291817724705, -0.017845874652266502, -0.0020340944174677134, 0.019290048629045486, 0.031281858682632446, -0.024770177900791168, 0.02313258685171604, 0.0...
292
META
2019
(2)The majority of other contractual commitments were related to network infrastructure and our data center operations.
[0.005581241566687822, -0.020688237622380257, 0.0135521050542593, -0.034803375601768494, -0.00025082851061597466, 0.012799210846424103, -0.020007358863949776, 0.008039606735110283, 0.0297753494232893, -0.027601774781942368, 0.012714101001620293, 0.04420474171638489, 0.0006976551958359778, -0.012282004579901695, 0.00764...
293
META
2019
As part of the normal course of the business, we may enter into multi-year agreements to purchase certain network components that do not specify a fixed or minimum price commitment or to purchase renewable energy that do not specify a fixed or minimum volume commitment. These agreements are generally entered into in or...
[0.019840380176901817, -0.038983192294836044, 0.006801265757530928, -0.02835872955620289, -0.025581881403923035, -0.00765980826690793, -0.025997739285230637, -0.025206269696354866, -0.011764714494347572, -0.0131531385704875, 0.0171037744730711, 0.042819805443286896, -0.010309216566383839, -0.014219609089195728, -0.0006...
294
META
2019
In addition, our other liabilities also include $3.74 billion related to net uncertain tax positions as of December 31, 2019. Due to uncertainties in the timing of the completion of tax audits, the timing of the resolution of these positions is uncertain and we are unable to make a reasonably reliable estimate of the t...
[-0.003901087213307619, -0.026289360597729683, -0.008509660139679909, -0.027532419189810753, -0.016239101067185402, -0.014863803051412106, -0.04559643566608429, 0.009911405853927135, -0.01979636400938034, 0.007623650133609772, 0.04668080434203148, 0.008397255092859268, -0.018976474180817604, 0.030521048232913017, 0.007...
295
META
2019
We are involved in legal proceedings, claims, and regulatory, tax or government inquiries and investigations. We record a provision for a liability when we believe that it is both probable that a liability has been incurred, and that the amount can be reasonably estimated. If we determine there is a reasonable possibil...
[0.00014358902990352362, -0.022890230640769005, -0.009726086631417274, -0.028460919857025146, 0.004384817089885473, -0.0034832959063351154, -0.01398488413542509, 0.009545136243104935, 0.0014548738254234195, -0.01923244632780552, 0.008019981905817986, 0.028305819258093834, -0.02163650281727314, 0.016285540536046028, -0....
296
META
2019
See Note 11—Commitments and Contingencies and Note 14—Income Taxes in the notes to our consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" and Part I, Item 3, "Legal Proceedings" of this Annual Report on Form 10-K for additional information regarding contingencie...
[-0.005600364878773689, -0.023688029497861862, 0.01255667395889759, -0.031659722328186035, 0.001575891044922173, 0.008488841354846954, -0.030423603951931, -0.015136121772229671, 0.016334397718310356, -0.005783259868621826, 0.037537582218647, 0.031029049307107925, -0.00586209399625659, 0.02155636064708233, 0.00269454508...
297
META
2019
For further information on recently issued accounting pronouncements, see Note 1—Summary of Significant Accounting Policies in the accompanying notes to consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.
[-0.01869683340191841, -0.009165498428046703, 0.005948101636022329, -0.04029422625899315, 0.0025771840009838343, 0.006052626296877861, -0.017168162390589714, 0.0054320115596055984, -0.0042528435587882996, -0.021728046238422394, 0.03316042199730873, 0.016384227201342583, -0.013914834707975388, 0.019297849386930466, -0.0...
298
META
2019
We are exposed to market risks, including changes to foreign currency exchange rates, interest rates, and inflation.
[-0.005813445430248976, -0.03519423305988312, 0.014862854033708572, -0.012015707790851593, -0.028647053986787796, 0.001370267360471189, -0.03679967299103737, 0.0005816580960527062, 0.00838465616106987, -0.015653030946850777, -0.009005509316921234, 0.03027757629752159, 0.01148265227675438, -0.005302338860929012, 0.02028...
299
META
2019
We have foreign currency risks related to our revenue and operating expenses denominated in currencies other than the U.S. dollar, primarily the Euro. Accordingly, changes in exchange rates, and in particular a strengthening of the U.S. dollar, have negatively affected, and may continue to negatively affect, our revenu...
[-0.011732704006135464, -0.04038053750991821, 0.0033522010780870914, -0.030850525945425034, -0.005262698978185654, 0.004437492229044437, -0.011096942238509655, 0.0004928763373754919, 0.004726475104689598, -0.01098777074366808, -0.007237415295094252, 0.017493095248937607, 0.009157545864582062, -0.017814187332987785, 1.9...
300
META
2019
We have experienced and will continue to experience fluctuations in our net income as a result of transaction gains or losses related to revaluing monetary asset and liability balances that are denominated in currencies other than the functional currency of the entities in which they are recorded. At this time, we have...
[-0.013170668855309486, -0.034410323947668076, 0.010619827546179295, -0.0016886306693777442, 0.0033902758732438087, 0.010554755106568336, -0.01624208875000477, -0.0022531342692673206, 0.012103480286896229, -0.0018317900830879807, 0.01257850881665945, 0.03381165489554405, -0.0007210843614302576, 0.005762167274951935, -0...
301
META
2019
Our exposure to changes in interest rates relates primarily to interest earned and market value on our cash and cash equivalents and marketable securities.
[-0.02356746420264244, -0.026239540427923203, 0.020870059728622437, -0.031685005873441696, -0.013638989068567753, 0.0016985416878014803, -0.018907159566879272, -0.0028889456298202276, 0.0011001738021150231, -0.013714971952140331, 0.0056639164686203, 0.020426824688911438, -0.013638989068567753, 0.010454025119543076, -0....
302
META
2019
Our cash and cash equivalents and marketable securities consist of cash, certificates of deposit, time deposits, money market funds, U.S. government securities, U.S. government agency securities, and investment grade corporate debt securities. Our investment policy and strategy are focused on preservation of capital an...
[-0.02700859121978283, -0.02244303748011589, 0.0073741404339671135, -0.02550811506807804, -0.0035972981713712215, 0.012657872401177883, -0.015966618433594704, -0.01240779273211956, -0.012625811621546745, -0.014709807932376862, 0.01218977477401495, 0.017479918897151947, -0.02257128246128559, 0.010278910398483276, -0.004...
null
Ticker
Year
Text
Embedding
0
META
2020
Our mission is to give people the power to build community and bring the world closer together.
[-2.1433766050904524e-06, -0.009940952993929386, -0.016225462779402733, -0.020275481045246124, -0.022725805640220642, -0.013940186239778996, -0.0037135742604732513, 0.01787594147026539, 0.012480149045586586, -0.02315746806561947, -0.028743699193000793, 0.02092297561466694, -0.001396557898260653, -0.022027526050806046, ...
1
META
2020
We build useful and engaging products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices. We also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ...
[-0.00790821947157383, 0.020970845595002174, 0.004487211816012859, -0.02883327752351761, 0.003810205264016986, 0.0041536143980920315, -0.02102317474782467, 0.00972665287554264, 0.010884431190788746, -0.02400592714548111, -0.019989676773548126, 0.025117918848991394, -0.01599959097802639, -0.013180366717278957, -0.002768...
2
META
2020
•Facebook. Facebook enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers. There are a number of different ways to engage with people on Facebook and build community, including Facebook News Feed, Stories, Groups, Shops, Marketplace, News, and Watch.
[-0.022394729778170586, 0.014288433827459812, 0.0124263446778059, -0.027633409947156906, -0.01436291728168726, -0.00958976149559021, -0.019787805154919624, -0.008391817100346088, 0.0018263994716107845, -0.020954715088009834, -0.009453208185732365, 0.020954715088009834, 0.0016045004595071077, 0.0011979442788287997, -0.0...
3
META
2020
•Instagram. Instagram brings people closer to the people and things they love. It is a place where people can express themselves through photos, videos, and private messaging, and connect with and shop from their favorite businesses and creators. They can do this through Instagram Feed, Stories, Reels, IGTV, Live, Shop...
[-0.030011048540472984, 0.00038244904135353863, 0.004031240940093994, -0.012200635857880116, -0.002889789640903473, -0.01734502799808979, -0.016917375847697258, -0.012018254958093166, 0.02575969323515892, -0.007924124598503113, -0.01355905644595623, 0.0001302999589825049, -0.015571532770991325, -0.021206466481089592, 0...
4
META
2020
•Messenger. Messenger is a simple yet powerful messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, video, and Rooms.
[-0.029561404138803482, 0.00888882577419281, -0.004897143691778183, -0.014270583167672157, 0.016094258055090904, -0.003947047051042318, 0.014576654881238937, -0.011203492060303688, 0.028770718723535538, -0.011796505190432072, -0.031984470784664154, 0.014640419743955135, -0.016285553574562073, 0.009290545247495174, -0.0...
5
META
2020
•WhatsApp. WhatsApp is a simple, reliable, and secure messaging application that is used by people and businesses around the world to communicate and transact in a private way.
[-0.02598559483885765, 0.007773580029606819, 0.017328063026070595, -0.010431936010718346, 0.014858197420835495, -0.016509108245372772, -0.0069676232524216175, -0.015001188963651657, 0.02585560269653797, -0.0181210208684206, -0.0061584170907735825, 0.007884074002504349, -0.00520296860486269, -0.0055831982754170895, -0.0...
6
META
2020
•Facebook Reality Labs. Facebook Reality Labs' augmented and virtual reality products help people feel connected, anytime, anywhere. Oculus Quest lets people defy distance with cutting-edge virtual reality (VR) hardware, software, and content, while Portal helps friends and families stay connected and share the moments...
[-0.00276865903288126, 0.009081990458071232, -0.005369620397686958, -0.008720289915800095, 0.0030218500178307295, 0.009489727206528187, -0.019821230322122574, -0.018690092489123344, -0.001905508222989738, -0.012376761063933372, -0.014981009997427464, 0.010923379100859165, -0.02133380062878132, -0.026068799197673798, 0....
7
META
2020
We generate substantially all of our revenue from selling advertising placements to marketers. Our ads enable marketers to reach people based on a variety of factors including age, gender, location, interests, and behaviors. Marketers purchase ads that can appear in multiple places including on Facebook, Instagram, Mes...
[-0.015484660863876343, 0.0026955262292176485, -0.008619188331067562, -0.02174607664346695, -0.015471670776605606, 0.005472242832183838, -0.023006152361631393, -0.01643296703696251, -0.006995377596467733, -0.024110345169901848, 0.00550147145986557, 0.022447561845183372, -0.019732549786567688, -0.010372904129326344, -0....
8
META
2020
Our business is characterized by innovation, rapid change, and disruptive technologies. We compete with companies providing connection and communication products and services to users online, as well as companies that sell advertising to businesses looking to reach consumers and/or develop tools and systems for managin...
[-0.018112240359187126, 0.0008808209677226841, 0.009391045197844505, -0.011735523119568825, 0.0052241794764995575, 0.020410748198628426, -0.011407164856791496, 0.015866270288825035, 0.0014390299329534173, -0.03062925487756729, -0.006770746782422066, 0.03661850839853287, 0.005440895911306143, -0.018808359280228615, 0.00...
9
META
2020
Our product development philosophy is centered on continuous innovation in creating and improving products that are social by design, which means that our products are designed to place people and their social interactions at the core of the product experience. As our user base grows, as engagement with products like v...
[-0.005147495772689581, -0.0081922123208642, 0.008829016238451004, -0.030142035335302353, 0.01568128727376461, 0.022208524867892265, -0.019953178241848946, 0.0003801750426646322, 0.005575348157435656, -0.02089511789381504, -0.006586937233805656, 0.014911817386746407, -0.005661581642925739, -0.014288280159235, -0.000642...
10
META
2020
The majority of our marketers use our self-service ad platform to launch and manage their advertising campaigns. We also have a global sales force that is focused on attracting and retaining advertisers and providing support to them throughout the stages of the marketing cycle from pre-purchase decision-making to real-...
[-0.006178493145853281, 0.003876378759741783, -0.01537377666682005, -0.014952217228710651, -0.02509601227939129, 0.019536685198545456, -0.02329120598733425, 0.00865515973418951, 0.004703031852841377, -0.006362925749272108, 0.010229423642158508, 0.028745142742991447, -0.019931897521018982, -0.01172464620321989, 0.006448...
11
META
2020
Historically, our communities have generally grown organically with people inviting their friends to connect with them, supported by internal efforts to stimulate awareness and interest. In addition, we have invested and will continue to invest in marketing our products and services to grow our brand and help build com...
[0.003802809864282608, -0.006898874416947365, -0.004645717330276966, -0.01299374457448721, -0.016183825209736824, 0.004742975812405348, 0.0035272438544780016, 0.016598794609308243, 0.00557291554287076, -0.01729905605316162, -0.01256580650806427, -0.004888863768428564, -0.005819303914904594, -0.017662154510617256, -0.00...
12
META
2020
To establish and protect our proprietary rights, we rely on a combination of patents, trademarks, copyrights, trade secrets, including know-how, license agreements, confidentiality procedures, non-disclosure agreements with third parties, employee disclosure and invention assignment agreements, and other contractual ri...
[0.0019366082269698381, -0.006061849184334278, 0.005716973450034857, -0.042021743953228, -0.005050435662269592, 0.021501656621694565, 0.001411004806868732, -0.0003759639512281865, 0.00200293050147593, -0.015585716813802719, 0.0013687243917956948, 0.006924037355929613, 0.0057799797505140305, -0.002203555079177022, -0.00...
13
META
2020
We are subject to a variety of laws and regulations in the United States and abroad that involve matters central to our business, many of which are still evolving and being tested in courts, and could be interpreted in ways that could harm our business. These laws and regulations involve matters including privacy, data...
[0.006652111653238535, -0.009582671336829662, 0.014600931666791439, -0.0660802349448204, -0.005617987364530563, 0.023418545722961426, -0.00887596607208252, 0.014043346978724003, 0.006658595521003008, -0.04753731191158295, -0.005228974856436253, -0.007365301251411438, -0.008681459352374077, -0.008772228844463825, 0.0138...
14
META
2020
These U.S. federal and state and foreign laws and regulations, which in some cases can be enforced by private parties in addition to government entities, are constantly evolving and can be subject to significant change. As a result, the application, interpretation, and enforcement of these laws and regulations are ofte...
[0.01868133433163166, -0.008625718764960766, 0.014934475533664227, -0.036382924765348434, 0.001889979001134634, 0.005583878606557846, -0.02000531181693077, 0.025949975475668907, -0.007434138096868992, -0.03540318086743355, -0.004620684310793877, 0.002659541554749012, -0.004958298988640308, 0.0030004659201949835, 0.0018...
15
META
2020
We are also subject to evolving laws and regulations that dictate whether, how, and under what circumstances we can transfer, process and/or receive certain data that is critical to our operations, including data shared between countries or regions in which we operate and data shared among our products and services. If...
[-0.00021692879090551287, -0.011486584320664406, 0.03693519905209541, -0.043064869940280914, -0.006165689323097467, 0.02110021375119686, -0.03190572187304497, 0.004440082237124443, 0.0010281606810167432, -0.052704691886901855, 0.013352991081774235, -0.0031221373938024044, 0.003297317773103714, -0.012796343304216862, 0....
16
META
2020
Proposed or new legislation and regulations could also significantly affect our business. For example, the European General Data Protection Regulation (GDPR) took effect in May 2018 and applies to all of our products and services used by people in Europe. The GDPR includes operational requirements for companies that re...
[-0.010485281236469746, -0.009922624565660954, 0.020374808460474014, -0.06010502204298973, -0.002104999730363488, 0.023538926616311073, -0.01033303327858448, 0.011491444893181324, -0.01046542264521122, -0.05062590539455414, 0.010088111273944378, -0.007625659462064505, -0.007043143734335899, -0.007638898212462664, 0.010...
17
META
2020
We are, and expect to continue to be, the subject of investigations, inquiries, data requests, requests for information, actions, and audits by government authorities and regulators in the United States, Europe, and around the world, particularly in the areas of privacy, data protection, law enforcement, consumer prote...
[0.0026913457550108433, -0.017905084416270256, 0.004410588648170233, -0.03783319517970085, -0.027192609384655952, 0.035652533173561096, -0.012072467245161533, 0.018010176718235016, 0.005757082719355822, -0.026102278381586075, 0.012663611210882664, -0.0019409217638894916, -0.004124869126826525, -0.020624347031116486, 0....
18
META
2020
For additional information about government regulation applicable to our business, see Part I, Item 1A, "Risk Factors" in this Annual Report on Form 10-K.
[0.005149937234818935, -0.022942611947655678, -0.010094250552356243, -0.03272531181573868, -0.020799141377210617, 0.02376510761678219, -0.022506441920995712, 0.009520997293293476, 0.014904597774147987, -0.006903969217091799, 0.01572709158062935, 0.013396691530942917, -0.012561734765768051, -0.010605194605886936, 0.0100...
19
META
2020
At Facebook, we design products to bring the world closer together, one connection at a time. As a company, we believe that people are at the heart of every connection we build. We are proud of our unique company culture where ideas, innovation, and impact win, and we work hard to build strong teams across engineering,...
[-0.011283029802143574, 0.011442304588854313, 0.004399171099066734, -0.010926254093647003, 0.004717720672488213, -0.005055383313447237, -0.01932959444820881, 0.015978451818227768, 0.016755713149905205, -0.016131356358528137, -0.008352372795343399, 0.003532715840265155, -0.012397953309118748, -0.017775071784853935, 0.00...
20
META
2020
We had a global workforce of 58,604 employees as of December 31, 2020, which represents a 30% year-over-year increase in employee headcount. We expect headcount growth to continue for the foreseeable future, particularly as we continue to focus on recruiting employees in technical functions. In addition, we plan to con...
[-0.006537736859172583, -0.018934674561023712, -0.01398233138024807, -0.030485855415463448, -0.017635488882660866, 0.0055922893807291985, -0.024054240435361862, 0.01910189725458622, 0.0014599766582250595, -0.007042618468403816, 0.024131420999765396, -0.012933977879583836, -0.018433010205626488, -0.03488508239388466, 0....
21
META
2020
Our headquarters are located in Menlo Park, California and we have offices in more than 80 cities around the globe. The vast majority of our personnel are currently working remotely as a result of the COVID-19 pandemic, and in the long term, we expect some personnel to transition to working remotely on a regular basis.
[-0.007335102651268244, -0.026969725266098976, -0.00570366345345974, -0.04850981757044792, -0.011120551265776157, 0.022993093356490135, -0.01785660907626152, 0.015422196127474308, 0.008367497473955154, 0.005066382698714733, -0.0022989907301962376, 0.004856080282479525, -0.020099837332963943, -0.019717469811439514, -0.0...
22
META
2020
Diversity and inclusion are core to our work at Facebook. We seek to build a diverse and inclusive workplace where we can leverage our collective cognitive diversity to build the best products and make the best decisions for the global community we serve. While we have made progress, we still have more work to do.
[-0.025933008641004562, 0.012020560912787914, 0.0034684594720602036, -0.029446512460708618, -0.02621614746749401, -0.010160848498344421, -0.03027019090950489, 0.010604863055050373, 0.003915691282600164, -0.031196828931570053, 0.002590083284303546, 0.00980048906058073, -0.007548242807388306, -0.03436284512281418, 0.0060...
23
META
2020
We publish our global gender diversity and U.S. ethnic diversity workforce data annually. In 2020, we announced that as of June 30, 2020, our global employee base was comprised of 37% females and 63% males, and our U.S. employee base was comprised of the following ethnicities: 44.4% Asian, 41% White, 6.3% Hispanic, 4% ...
[-0.016260333359241486, -0.013857648707926273, -0.02024749293923378, -0.0410924106836319, -0.020974792540073395, -0.007922367192804813, -0.015052498318254948, 0.013351136818528175, 0.00237021641805768, -0.024299588054418564, -0.004480683244764805, 0.022533290088176727, -0.012227719649672508, -0.016559045761823654, -0.0...
24
META
2020
We work to support our goals of diversifying our workforce through recruiting, retention, people development, and inclusion. We employ our Diverse Slate Approach in our global recruitment efforts, which ensures that teams and hiring managers have the opportunity to consider qualified people from underrepresented groups...
[-0.022038675844669342, -0.016854701563715935, 0.0005131387733854353, -0.03829626739025116, -0.024019984528422356, -0.0021611200645565987, -0.01901242882013321, 0.011528235860168934, 0.007009221240878105, -0.024074267596006393, -0.003338370705023408, 0.00601178128272295, 0.0014045584248378873, -0.009200875647366047, -0...
25
META
2020
We offer competitive compensation to attract and retain the best people, and we help care for our people so they can focus on our mission. Our employees' total compensation package includes market-competitive salary, bonuses or sales commissions, and equity. We generally offer full-time employees equity at the time of ...
[-0.012901482172310352, -0.006402505096048117, 0.014869504608213902, -0.05402415245771408, -0.030639411881566048, -0.002855562372133136, -0.011338640004396439, 0.013403134420514107, -0.0010603847913444042, -0.013737569563090801, -0.019770266488194466, 0.020747845992445946, -0.0013538195053115487, -0.011827429756522179,...
26
META
2020
Through Life@ Facebook, our holistic approach to benefits, we provide our employees and their loved ones resources to help them thrive. We offer a wide range of benefits across areas such as health, family, finance, community, and time away, including healthcare and wellness benefits, adoption and surrogacy assistance,...
[-0.005845324601978064, 0.008078849874436855, -0.006131505127996206, -0.04044688120484352, -0.027447037398815155, -0.005782825406640768, -0.024144446477293968, 0.0020756330341100693, -0.004476919770240784, -0.01573665253818035, -0.013539310544729233, -0.002108527347445488, -0.002406221115961671, 0.00915120542049408, 0....
27
META
2020
We were incorporated in Delaware in July 2004. We completed our initial public offering in May 2012 and our Class A common stock is listed on The Nasdaq Global Select Market under the symbol "FB." Our principal executive offices are located at 1601 Willow Road, Menlo Park, California 94025, and our telephone number is ...
[-0.013458695262670517, -0.021160345524549484, -0.01647794619202614, -0.045442286878824234, -0.03687068447470665, -0.01700247824192047, -0.05255543813109398, 0.011731581762433052, 0.029757535085082054, 0.012569551356136799, -0.0049798451364040375, 0.0010770474327728152, 0.0010290720965713263, -0.004922274965792894, 0.0...
28
META
2020
Facebook, the Facebook logo, FB, the Like button, Instagram, Oculus, WhatsApp, and our other registered or common law trademarks, service marks, or trade names appearing in this Annual Report on Form 10-K are the property of Facebook, Inc. or its affiliates. Other trademarks, service marks, or trade names appearing in ...
[-0.018804876133799553, -0.013735735788941383, -0.0060188183560967445, -0.03916948661208153, -0.011911851353943348, -0.0007040036143735051, -0.03632674366235733, -3.592983375710901e-06, 0.01598729006946087, -0.0034465123899281025, 0.018754562363028526, 0.0007177613442763686, -0.015584777109324932, -0.009025082923471928...
29
META
2020
Our website address is www.facebook.com. Our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to reports filed pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended (Exchange Act), are filed with the U.S. Securities and Exchange C...
[-0.023584334179759026, -0.015434239991009235, 0.010932587087154388, -0.031810835003852844, -0.007258677389472723, -0.0001617682137293741, -0.03985905274748802, -0.015497912652790546, 0.015115877613425255, -0.0007907341932877898, 0.013957035727798939, 0.01284276507794857, 0.0018114857375621796, -0.001859240117482841, -...
30
META
2020
The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC at www.sec.gov.
[-0.02281571924686432, -0.03554742410778999, -0.0024845823645591736, -0.03557275980710983, -0.020180700346827507, -0.0018606656230986118, -0.018926532939076424, -0.005811611190438271, 0.004684126935899258, -0.007987402379512787, 0.028478477150201797, 0.007968399673700333, 0.008893189951777458, -0.012098285369575024, 0....
31
META
2020
The contents of the websites referred to above are not incorporated into this filing. Further, our references to the URLs for these websites are intended to be inactive textual references only.
[-0.029415806755423546, -0.010710610076785088, 0.01534853782504797, -0.01449435856193304, -0.01051708497107029, -0.00014764626394025981, -0.02768075466156006, -0.024237344041466713, 0.01271259319037199, 0.008201457560062408, -0.0005476258229464293, 0.007414011284708977, 0.023730173707008362, 0.012906118296086788, -0.00...
32
META
2020
Certain factors may have a material adverse effect on our business, financial condition, and results of operations. You should consider carefully the risks and uncertainties described below, in addition to other information contained in this Annual Report on Form 10-K, including our consolidated financial statements an...
[-0.01068637240678072, -0.020499058067798615, 0.002498811576515436, -0.043658297508955, -0.018530000001192093, 0.0173563901335001, -0.047961533069610596, 0.010151728056371212, -0.00047840914339758456, -0.005985411815345287, -0.0047368211671710014, 0.03476494178175926, -0.009362800978124142, 0.012029504403471947, 0.0162...
33
META
2020
Our business is subject to a number of risks, including risks that may prevent us from achieving our business objectives or may adversely affect our business, financial condition, results of operations, cash flows, and prospects. These risks are discussed more fully below and include, but are not limited to, risks rela...
[-0.02231944352388382, -0.035974275320768356, -5.90125382586848e-05, -0.026713816449046135, -0.024504216387867928, 0.0054588294588029385, -0.008497029542922974, 0.010700423270463943, 0.007826701737940311, -0.011563160456717014, -0.006641213782131672, 0.01869470626115799, -0.02454145811498165, -0.011668674647808075, 0.0...
34
META
2020
•complex and evolving U.S. and foreign privacy, data use and data protection, content, competition, consumer protection, and other laws and regulations;
[0.007535574957728386, -0.006029107607901096, 0.033278342336416245, -0.03841004893183708, 0.0006447031046263874, 0.026617489755153656, -0.011423232033848763, 0.011060384102165699, -0.009680265560746193, -0.03752884641289711, 0.013529045507311821, -2.395616684225388e-05, 0.002277518855407834, -0.022120768204331398, 0.01...
35
META
2020
•limitations on the ability of holders of our Class A Common Stock to influence corporate matters due to the dual class structure of our common stock and the control of a majority of the voting power of our outstanding capital stock by our founder, Chairman, and CEO.
[-0.016111914068460464, -0.01367593090981245, -0.009499012492597103, -0.0531415157020092, -0.028146203607320786, 0.013159608468413353, -0.02917885035276413, 0.022625522688031197, -0.006619521416723728, -0.004524442832916975, -0.03447446599602699, 0.022930022329092026, 0.003097935812547803, 0.00036469424958340824, 0.010...
36
META
2020
If we fail to retain existing users or add new users, or if our users decrease their level of engagement with our products, our revenue, financial results, and business may be significantly harmed.
[-0.016848383471369743, -0.015979375690221786, 0.004627144895493984, -0.02070055529475212, -0.0026281015016138554, 0.012088294140994549, -0.03250350430607796, 0.017483927309513092, 0.01700402796268463, -0.018586400896310806, 0.005541549064218998, 0.03444904461503029, 0.012114234268665314, 0.002560007618740201, -0.00243...
37
META
2020
The size of our user base and our users' level of engagement are critical to our success. Our financial performance has been and will continue to be significantly determined by our success in adding, retaining, and engaging active users of our products, particularly for Facebook and Instagram. We anticipate that our ac...
[-0.021802185103297234, -0.008949251845479012, 0.010044672526419163, -0.03404433652758598, -0.016384832561016083, -0.0015460364520549774, -0.034283336251974106, 0.0028414539992809296, -0.009500281885266304, -0.020726680755615234, 0.002331917639821768, 0.025652753189206123, -0.00718994066119194, -0.004833127371966839, -...
38
META
2020
•our current or future products, such as our development tools and application programming interfaces that enable developers to build, grow, and monetize mobile and web applications, reduce user activity on our products by making it easier for our users to interact and share on third-party mobile and web applications.
[-0.019212571904063225, -0.000343202700605616, 0.021761594340205193, -0.005298032891005278, -0.0042031737975776196, 0.007111499086022377, -0.01986338570713997, -0.010813003405928612, 0.00021736171038355678, -0.01513142604380846, 0.01704319193959236, 0.01667710952460766, 0.00644034706056118, -0.010528272949159145, -0.02...
39
META
2020
From time to time, certain of these factors have negatively affected user retention, growth, and engagement to varying degrees. If we are unable to maintain or increase our user base and user engagement, particularly for our significant revenue-generating products like Facebook and Instagram, our revenue and financial ...
[-0.03084348514676094, -0.008494577370584011, 0.010878903791308403, -0.025025464594364166, -0.010845695622265339, -0.0020406246185302734, -0.029010409489274025, -0.005735001992434263, -0.00727252708747983, -0.023976095020771027, -0.0013905803207308054, 0.021027233451604843, 0.013396061956882477, 0.00011581250873859972,...
40
META
2020
We generate substantially all of our revenue from advertising. The loss of marketers, or reduction in spending by marketers, could seriously harm our business.
[-0.00801332201808691, -0.025599004700779915, 0.0014708199305459857, -0.015770012512803078, -0.01512843370437622, -0.005049227271229029, -0.008359774947166443, 0.010650211945176125, 0.007949164137244225, -0.01651424542069435, 0.01915755122900009, 0.03449128940701485, -0.00866773258894682, 0.00044629842159338295, -0.011...
41
META
2020
Substantially all of our revenue is currently generated from third parties advertising on Facebook and Instagram. As is common in the industry, our marketers do not have long-term advertising commitments with us. Many of our marketers spend only a relatively small portion of their overall advertising budget with us. Ma...
[-0.031660787761211395, -0.017350219190120697, 0.00756550207734108, -0.010860699228942394, -0.00806314405053854, 0.01573624461889267, -0.03375895321369171, -0.01194340642541647, -0.0035541048273444176, -0.015790043398737907, 0.016180086880922318, 0.027168558910489082, 0.0033927075564861298, -0.011284367181360722, 9.572...
42
META
2020
•the impact of macroeconomic conditions, whether in the advertising industry in general, or among specific types of marketers or within particular geographies.
[-0.023757297545671463, -0.02593998983502388, 0.006261050701141357, -0.021360117942094803, -0.014370451681315899, 0.0024271428119391203, 0.006611165124922991, -0.004557792562991381, -0.020931150764226913, -0.022394690662622452, 0.008327039889991283, 0.027605397626757622, 0.007992696948349476, -0.012982611544430256, 0.0...
43
META
2020
From time to time, certain of these factors have adversely affected our advertising revenue to varying degrees. The occurrence of any of these or other factors in the future could result in a reduction in demand for our ads, which may reduce the prices we receive for our ads, or cause marketers to stop advertising with...
[-0.021644895896315575, -0.026701871305704117, 0.011888443492352962, -0.01622392237186432, -0.009483454748988152, 0.019733905792236328, -0.016314921900629997, -0.016548920422792435, -0.0017208667704835534, -0.025908876210451126, 0.013038937933743, 0.02369888685643673, 0.007773962803184986, -0.002466738224029541, 0.0012...
44
META
2020
Our advertising revenue is dependent on targeting and measurement tools that incorporate data signals from user activity on websites and services that we do not control, and changes to the regulatory environment, third-party mobile operating systems and browsers, and our own products have impacted, and we expect will c...
[-0.02631547674536705, -0.02751583233475685, 0.01565738022327423, -0.03835860267281532, 0.005945715121924877, 0.008072718046605587, -0.031631335616111755, -0.0026562802959233522, -0.022991416975855827, -0.007683591917157173, 0.016053101047873497, 0.023571807891130447, -0.00445186672732234, -0.00323337409645319, -0.0111...
45
META
2020
We rely on data signals from user activity on websites and services that we do not control in order to deliver relevant and effective ads to our users. Our advertising revenue is dependent on targeting and measurement tools that incorporate these signals, and any changes in our ability to use such signals will adversel...
[-0.03296242654323578, -0.019604668021202087, 0.01109823677688837, -0.04045872017741203, 0.0007077617920003831, 0.014966004528105259, -0.02230280265212059, 0.009343784302473068, -0.01996353454887867, -0.040804293006658554, 0.014301439747214317, 0.024309789761900902, -0.007396609056740999, -0.00667555583640933, -0.00755...
46
META
2020
Our user growth, engagement, and monetization on mobile devices depend upon effective operation with mobile operating systems, networks, technologies, products, and standards that we do not control.
[-0.001144120004028082, -0.017872875556349754, 0.02123224176466465, -0.044721558690071106, -0.0096122482791543, -0.0009103750344365835, -0.019959356635808945, -0.001175285899080336, -0.020746707916259766, -0.011633116751909256, 0.009389164857566357, 0.007814462296664715, 0.0003629197599366307, -0.013102838769555092, -0...
47
META
2020
The substantial majority of our revenue is generated from advertising on mobile devices. There is no guarantee that popular mobile devices will continue to feature Facebook or our other products, or that mobile device users will continue to use our products rather than competing products. We are dependent on the intero...
[-0.016654282808303833, -0.0030962007585912943, 0.018137017264962196, -0.031640488654375076, -0.0074997227638959885, 0.012901111505925655, -0.0271393321454525, -0.012960686348378658, -0.010207036510109901, -0.021248111501336098, 0.019010771065950394, 0.022585220634937286, -0.005149853881448507, -0.0035347326193004847, ...
48
META
2020
and our business could be harmed. We have in the past experienced challenges in operating with mobile operating systems, networks, technologies, products, and standards that we do not control, and any such occurrences in the future may negatively impact our user growth, engagement, and monetization on mobile devices, w...
[-0.015535005368292332, -0.028841359540820122, 0.014289583079516888, -0.03615657612681389, -0.010592645034193993, 0.020556023344397545, -0.02471180073916912, 0.01672798953950405, 0.0009512732503935695, -0.012119925580918789, -0.0031364979222416878, 0.020700231194496155, 0.004627727437764406, -0.004395029973238707, 0.00...
49
META
2020
Our new products and changes to existing products could fail to attract or retain users or generate revenue and profits.
[-0.004641848616302013, -0.005695178173482418, 0.016185952350497246, -0.007445276249200106, -0.006928424816578627, 0.008642539381980896, -0.02844645082950592, 0.0034413139801472425, 0.008897693827748299, -0.0169710423797369, 0.008478978648781776, 0.027713699266314507, 0.01010149996727705, 0.0029048353899270296, -0.0050...
50
META
2020
Our ability to retain, increase, and engage our user base and to increase our revenue depends heavily on our ability to continue to evolve our existing products and to create successful new products, both independently and in conjunction with developers or other third parties. We may introduce significant changes to ou...
[-0.01692747138440609, -0.006648149341344833, 0.009064431302249432, -0.00743107870221138, 0.008537978865206242, 0.006381548475474119, -0.021976014599204063, -0.0027098802383989096, 0.00520377978682518, -0.015591091476380825, 6.88648724462837e-05, 0.025890661403536797, -0.005595244467258453, -0.00052645243704319, -0.003...
51
META
2020
We make product and investment decisions that may not prioritize short-term financial results and may not produce the long-term benefits that we expect.
[-0.0031461073085665703, -0.03701989725232124, 0.017315758392214775, -0.02657073363661766, -0.01103977020829916, 0.0038421773351728916, -0.018016697838902473, 0.008975897915661335, 0.00960544403642416, -0.0014740786282345653, 0.002748584607616067, 0.042809125036001205, -0.002352684736251831, 0.0017474768683314323, -0.0...
52
META
2020
We frequently make product and investment decisions that may not prioritize short-term financial results if we believe that the decisions are consistent with our mission and benefit the aggregate user experience and will thereby improve our financial performance over the long term. For example, we have implemented, and...
[-0.022273026406764984, -0.01084203738719225, 0.027546806260943413, -0.03043801710009575, -0.015045000240206718, 0.0020044385455548763, -0.03292766958475113, -0.009717678651213646, -0.014389123767614365, -0.02134944498538971, 0.01005230937153101, 0.030839573591947556, 0.0017601579893380404, 0.002842688700184226, -0.006...
53
META
2020
If we are not able to maintain and enhance our brands, our ability to expand our base of users, marketers, and developers may be impaired, and our business and financial results may be harmed.
[-0.004381175152957439, -0.010987089946866035, 0.0054057263769209385, -0.022676728665828705, -0.015924450010061264, 0.01667903922498226, -0.021037448197603226, 0.02994941547513008, 0.029689211398363113, -0.008508652448654175, -0.011949842795729637, 0.030573902651667595, 0.0013067091349512339, -0.015443073585629463, -0....
54
META
2020
We believe that our brands have significantly contributed to the success of our business. We also believe that maintaining and enhancing our brands is critical to expanding our base of users, marketers, and developers. Many of our new users are referred by existing users. Maintaining and enhancing our brands will depen...
[0.00045765130198560655, 0.008617771789431572, 0.0027215781155973673, -0.02014840394258499, -0.0012383012799546123, 0.021343078464269638, -0.006939856335520744, 0.018014095723628998, 0.012893098406493664, -0.009101010859012604, -0.012383013032376766, 0.01230247225612402, -0.017772475257515907, -0.012893098406493664, -0...
55
META
2020
products or terms of service or policies that users do not like, which may negatively affect our brands. Additionally, the actions of our developers or advertisers may affect our brands if users do not have a positive experience using third-party mobile and web applications integrated with our products or interacting w...
[-0.0160551555454731, -0.002536701038479805, 0.014365138486027718, -0.033156510442495346, -0.011293601244688034, 0.017141593620181084, -0.01272877398878336, 0.00853055901825428, 0.014231010340154171, -0.017396438866853714, -0.01496871653944254, 0.014029818587005138, -0.019448600709438324, -0.008329366333782673, -0.0017...
56
META
2020
We may not be able to continue to successfully maintain or grow usage of and engagement with mobile and web applications that integrate with Facebook and our other products.
[-0.01892564631998539, -0.006919404026120901, 0.029242796823382378, -0.02523854188621044, -0.0315123088657856, 0.008934574201703072, -0.04651195928454399, -0.008308501914143562, 0.025147240608930588, -0.014712700620293617, 0.01340838335454464, 0.022199483588337898, 0.022929901257157326, -0.014921391382813454, 0.0024129...
57
META
2020
We have made and are continuing to make investments to enable developers to build, grow, and monetize mobile and web applications that integrate with Facebook and our other products. Such existing and prospective developers may not be successful in building, growing, or monetizing mobile and/or web applications that cr...
[-0.01867968775331974, -0.00769752636551857, 0.0209629088640213, -0.024461178109049797, -0.02020183391869068, 0.018452700227499008, -0.029615115374326706, -0.004750034771859646, 0.008532037027180195, -0.02683786302804947, 0.014607274904847145, 0.024808334186673164, 0.01901349239051342, -0.006822959519922733, -0.0098872...
58
META
2020
The COVID-19 pandemic has had, and may in the future have, a significant adverse impact on our advertising revenue and also exposes our business to other risks.
[-0.010420956648886204, -0.03588740527629852, 0.011542437598109245, -0.024130750447511673, -0.00166174559853971, 0.010005125775933266, -0.029158515855669975, 0.005128572229295969, 0.004271709825843573, 0.011781854555010796, 0.01944321021437645, 0.030216991901397705, -0.0065398747101426125, -0.003373894840478897, 0.0060...
59
META
2020
The COVID-19 pandemic has resulted in authorities implementing numerous preventative measures to contain or mitigate the outbreak of the virus, such as travel bans and restrictions, limitations on business activity, quarantines, and shelter-in-place orders. These measures have caused, and are continuing to cause, busin...
[-0.012033350765705109, -0.028838321566581726, 0.00841552298516035, -0.031185021623969078, 0.0006208973936736584, 0.008389448747038841, -0.003329379018396139, -0.00794618297368288, -0.017704539000988007, -0.015735920518636703, 0.009119533002376556, 0.02145925723016262, -0.001248313463293016, 0.01039717998355627, 0.0051...
60
META
2020
quarters, there can be no assurance that it will not decrease again as a result of the effects of the pandemic. In addition, we believe that the pandemic has contributed to an acceleration in the shift of commerce from offline to online, as well as increasing consumer demand for purchasing products as opposed to servic...
[-0.012674159370362759, -0.02623271383345127, -0.011002913117408752, -0.020796285942196846, -0.009812882170081139, 0.006415114738047123, -0.0248671043664217, -0.01988588087260723, -0.0009209737763740122, -0.015125754289329052, 0.005946905817836523, 0.03121393918991089, 0.003222188912332058, -0.0029230553191155195, 0.00...
61
META
2020
•increased volatility and uncertainty in the financial projections we use as the basis for estimates used in our financial statements.
[-0.011272774077951908, -0.04051033407449722, -0.010856922715902328, -0.031783849000930786, -0.0067112036049366, 0.012437158264219761, -0.028252311050891876, 0.006493681110441685, -0.014535609632730484, -0.02509183995425701, 0.010914502665400505, 0.0365181602537632, -0.005562813486903906, 0.012622692622244358, -0.01499...
62
META
2020
Any of these developments may adversely affect our business, harm our reputation, or result in legal or regulatory actions against us. The persistence of COVID-19, and the preventative measures implemented to help limit the spread of the illness, have impacted, and will continue to impact, our ability to operate our bu...
[-0.017257478088140488, -0.027270130813121796, 0.013061091303825378, -0.027040541172027588, -0.0020120968110859394, 0.015612086281180382, -0.008584096096456051, 0.0030181454494595528, 0.008864705450832844, -0.00863511674106121, -0.002788555808365345, 0.009789441712200642, -0.011377435177564621, 0.004843700677156448, 0....
63
META
2020
Our business is highly competitive. Competition presents an ongoing threat to the success of our business.
[-0.026041438803076744, -0.023497380316257477, 0.02088940143585205, -0.008948948234319687, -0.008559029549360275, 0.018728869035840034, -0.008661303669214249, 0.03400600329041481, 0.002850879216566682, -0.027792876586318016, -0.007849506102502346, 0.021515827625989914, 0.012355940416455269, -0.021899353712797165, -0.00...
64
META
2020
and optimizing advertising campaigns. We face significant competition in every aspect of our business, including, but not limited to, companies that facilitate the ability of users to share, communicate, and discover content and information online or enable marketers to reach their existing or prospective audiences, in...
[-0.01043347641825676, -0.003284796141088009, 0.011779731139540672, -0.015838295221328735, 0.008592274971306324, 0.013726521283388138, -0.015838295221328735, 0.01152235921472311, 0.00027799507370218635, -0.03384115546941757, -0.003373886691406369, 0.030066361650824547, 0.010275093838572502, -0.02194923534989357, -0.006...
65
META
2020
Some of our current and potential competitors may have greater resources or stronger competitive positions in certain product segments, geographic regions, or user demographics than we do. For example, some of our competitors may be domiciled in different countries and subject to political, legal, and regulatory regime...
[-0.003304415615275502, -0.010131102055311203, 0.006838327273726463, -0.006751850713044405, -0.01792067475616932, 0.03969955071806908, -0.008068960160017014, 0.015153414569795132, -0.012199895456433296, -0.02136644721031189, -0.0016996037447825074, 0.02140635997056961, 0.0009121650364249945, -0.018213367089629173, -0.0...
66
META
2020
Our competitors may develop products, features, or services that are similar to ours or that achieve greater acceptance, may undertake more far-reaching and successful product development efforts or marketing campaigns, or may adopt more aggressive pricing policies. Some competitors may gain a competitive advantage aga...
[-0.013110379688441753, -0.012652660720050335, 0.013064607046544552, -0.007741989567875862, -0.01633402891457081, 0.035362061113119125, -0.013201923109591007, 0.00892551988363266, -0.003498280653730035, -0.028326265513896942, 0.008618194609880447, 0.02404986321926117, 0.0032694211695343256, -0.010645235888659954, -0.01...
67
META
2020
•our reputation and brand strength relative to those of our competitors.
[-0.001170037197880447, -0.01745162531733513, 0.0012902297312393785, -0.017006831243634224, 0.007319478318095207, 0.0280743520706892, 0.006093024276196957, 0.023796480149030685, 0.0049483333714306355, -0.003944276366382837, -0.020813744515180588, 0.006328503135591745, -0.011662760749459267, -0.024215109646320343, -0.01...
68
META
2020
If we are not able to compete effectively, our user base and level of user engagement may decrease, we may become less attractive to developers and marketers, and our revenue and results of operations may be materially and adversely affected.
[-0.01586451753973961, -0.02266543358564377, 0.012386923655867577, -0.008658632636070251, -0.007713704369962215, 0.020107055082917213, -0.03064911812543869, 0.012065518647432327, 0.010902035050094128, -0.018242910504341125, 0.001920390990562737, 0.03401743620634079, 0.019798507913947105, -0.015247422270476818, -0.00872...
69
META
2020
Unfavorable media coverage negatively affects our business from time to time.
[-0.021573932841420174, -0.0107542984187603, 0.02646106295287609, -0.0354904904961586, -0.012472634203732014, 0.01051255501806736, -0.015772100538015366, -0.0003134084108751267, 0.01588970422744751, -0.021038178354501724, 0.00280291261151433, 0.03371335566043854, 0.012008748948574066, -0.005406550597399473, -0.00455391...
70
META
2020
We receive a high degree of media coverage around the world. Unfavorable publicity regarding, for example, our privacy practices, terms of service, advertising policies, product changes, product quality, litigation or regulatory activity, government surveillance, the actions of our advertisers, the actions of our devel...
[-0.007606186904013157, 0.009463587775826454, 0.008489105850458145, -0.03330241143703461, -0.013171848841011524, 0.01470224279910326, -0.018325481563806534, 0.011824579909443855, 0.009143120609223843, -0.024250851944088936, -0.012714038603007793, 0.017135176807641983, -0.012131966650485992, -0.010987441055476665, 0.006...
71
META
2020
Our financial results will fluctuate from quarter to quarter and are difficult to predict.
[-0.021275939419865608, -0.02678634412586689, 0.021539533510804176, -0.0144726587459445, -0.012520795688033104, 0.010079397819936275, -0.033991292119026184, 0.013029159046709538, -0.019556289538741112, -0.01861487701535225, 0.010098225437104702, 0.04089498892426491, -0.015815742313861847, 0.0020930753089487553, 0.00104...
72
META
2020
Our quarterly financial results have fluctuated in the past and will fluctuate in the future. Additionally, we have a limited operating history with the current scale of our business, which makes it difficult to forecast our future results. As a result, you should not rely upon our past quarterly financial results as i...
[-0.022338924929499626, -0.026092596352100372, 0.013549840077757835, -0.01950078271329403, -0.016335666179656982, 0.0007107616984285414, -0.030186323449015617, 0.004777103196829557, -0.016623403877019882, -0.010201617144048214, 0.010319327935576439, 0.034031547605991364, -0.021214131265878677, -0.002802174771204591, 0....
73
META
2020
•the overall tax rate for our business, which is affected by the mix of income we earn in the U.S. and in jurisdictions with different tax rates, the effects of share-based compensation, the effects of integrating intellectual property from acquisitions, the effects of changes in our business or structure, and the effe...
[-0.023348363116383553, -0.018044279888272285, 0.019864307716488838, -0.06843306124210358, -0.014118218794465065, -0.008632133714854717, -0.006721104495227337, 0.003740807995200157, -0.005297582130879164, -0.029146453365683556, 0.007910623215138912, 0.012967701070010662, 0.010855168104171753, 0.009412146173417568, -0.0...
74
META
2020
•changes in U.S. generally accepted accounting principles; and
[-0.01729573681950569, -0.01740000583231449, 0.027944279834628105, -0.0415775440633297, 0.012551465071737766, 0.0032421359792351723, -0.013216184452176094, -0.007442249916493893, -0.0065429238602519035, -0.007618205156177282, 0.036963608115911484, 0.02690158225595951, 0.0019746075849980116, -0.005076630972325802, -0.01...