Facebook changes company name to Meta

Facebook changes company name to meta

Facebook has changed its corporate and/or company name to Meta as part of a major rebrand.

The company said it would better “encompass” what it does, as it broadens its reach beyond social media into areas like virtual reality.

The change does not apply to its individual platforms, such as Facebook, Instagram and Whatsapp, only the parent company that owns them.

The move follows a series of negative stories about Facebook, based on documents leaked by an ex-employee.

Frances Haugen has accused the company of putting “profits over safety”.

In 2015, Google restructured its company calling its parent firm Alphabet, however, the name has not caught on.

‘Our company is now Meta’

Facebook changes company name to meta

Facebook boss Mark Zuckerberg announced the new name after unveiling plans to build a “metaverse” – an online world where people can game, work and communicate in a virtual environment, often using VR headsets.

He said the existing brand could not “possibly represent everything that we’re doing today, let alone in the future”, and needed to change.

“Over time, I hope that we are seen as a metaverse company and I want to anchor our work and our identity on what we’re building towards,” he told a virtual conference.

  • What is a metaverse?

“We’re now looking at and reporting on our business as two different segments, one for our family of apps, and one for our work on future platforms.

“I am proud to announce that starting today, our company is now Meta.”

Facebook Meta

To an outsider, a metaverse may look like a version of VR, but some people believe it could be the future of the internet.

Instead of being on a computer, people in the metaverse might use a headset to enter a virtual world connecting all sorts of digital environments.

As Facebook changes company name, it is hoped the virtual world could be used for practically anything from work, play and concerts, to socializing with friends and family with Meta.

WhatsApp Job & Scholarship Alert

  1. To get daily Job and Scholarship Alerts on Whatsapp, Join Our WhatsApp Group via the link below.

NOTE: PLEASE IF YOU’RE ON ANY OF OUR WHATSAPP GROUPS, DON’T JOIN THIS ONE

CLICK HERE TO JOIN WHATSAPP GROUP

 

Take Note

UNDER NO CIRCUMSTANCE SHOULD AN APPLICANT PAY MONEY TO ANYONE IN GETTING A JOB WE HAVE PUBLISHED 

LEAVE A REPLY

Please enter your comment!
Please enter your name here