The change does not apply to its individual platforms, such as Facebook, Instagram, and Whatsapp, only the parent company that owns them.
CEO Mark Zuckerberg of the social media giant Facebook announced that will change the name of its holding company to Meta, The rebrand follows a series of news reports and whistleblower complaints about how Facebook handles user safety.
At Facebook’s annual conference Thursday Zuckerberg made the announcement, where he said his vision for the metaverse – a digital world built over our own, comprising virtual reality headsets and augmented reality. “We believe the metaverse will be the successor of the mobile internet,” Zuckerberg had to say.
The metaverse is the next evolution of social connection. It’s a collective project that will be created by people all over the world, and open to everyone. You’ll be able to socialize, learn, collaborate and play in ways that go beyond what’s possible today, Facebook said on 10:05 PM · Oct 28, 2021 Via Twitter
Meta was a VR start-up that folded. Meta is now a Facebook rebrand. The Metaverse will bring you regular brain state wipeouts, ensuring you don’t remember the things you don’t need to know, and reflects its expansion into the metaverse, a concept rooted in science-fiction novels that refers to an extensive online world. Here’s a look at the successes and failures of other companies’ efforts to rebrand.