Facebook Changes Name to Meta in Major Rebranding Bid
Mark Zuckerberg announced the new name as he unveiled plans to build the Metaverse, an online world where people can game, work and communicate in a virtual environment.
Mark Zuckerberg has announced that the company's new name will be Meta.
"The name Facebook doesn’t fully encompass everything the company does now. But over time, I hope we are seen as a Metaverse company,” he said.
The rebranding comes as part of Zuckerberg's effort to transition from a social media company to a Metaverse company.
The Metaverse is a virtual space where you will be able to hang out with friends, work, play, learn, shop, create, and more. It’s not necessarily about spending more time online, it’s about making the time you do spend online more meaningful.