Facebook changes its name to Meta in major rebrand

Date:

Share post:

Facebook has changed its corporate name to Meta as part of a major rebrand.

Join Us On Telegram
ADVERTISEMENT
CONTINUE READING BELOW

 

Join Us On Telegram
ADVERTISEMENT
CONTINUE READING BELOW

 

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

ADVERTISEMENT
CONTINUE READING BELOW

 

 

Join Us On Telegram
ADVERTISEMENT
CONTINUE READING BELOW

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

 

ADVERTISEMENT
CONTINUE READING BELOW

 

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

ADVERTISEMENT
CONTINUE READING BELOW

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

 

ADVERTISEMENT
CONTINUE READING BELOW

 

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

 

Facebook boss Mark Zuckerberg announced the new name as he unveiled 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.

 

“And as part of this, it is time for us to adopt a new company brand to encompass everything that we do to reflect who we are and what we hope to build.”

 

The company also unveiled a new sign at its headquarters in Menlo Park, California, on Thursday, replacing its thumbs-up “Like” logo with a blue infinity shape.

 

Mr Zuckerberg said the new name reflects that over time, users will not need to use Facebook to use the company’s other services.

 

 

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 a metaverse might use a headset to enter a virtual world connecting all sorts of digital environments.

 

It is hoped the virtual world could be used for practically anything from work, play and concerts, to socialising with friends and family.

 

Facebook said in a blog post that it intends to start trading it shares under the new stock ticker MVRS from 1 December.

Join Our Other 1000+ E-Mail Subscribers.Its FreeđŸ˜‚đŸ˜‚

* indicates required
Which Topics Are You Interested In?
    Choose A Topic

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related articles

    TSC Announces new Recruitment Selection Criteria For Teachers July 2022

    Primary School Teachers’ Selection Criteria Applicants shall be awarded marks as per the recruitment score sheet.   Where applicants tie in...

    Former KNUT secretary Wilson Sossion finally speaks about the firing of TSC deputy Dr. Kennedy Mulunda. Checkout full detailed report below

    Former Kenya National Union of Teachers (KNUT) Secretary General (SG) Wilson Sossion, has condemned the dismissal of Teachers...

    Confirmed! Teachers with CBC upgrading certificate to be given first priority in 2022 July TSC Mass Recruitment Exercise-TSC CEO

    It has come out clearly that teachers with CBC upgrading certificates will have a better chance of being...

    KUCCPS 2022/2023 Access Links to Admission letters for all universities and colleges

    All the 2021 Kenya Certificate of Secondary Exams (KCSE) candidates have been assigned to their Course -choice to...