Facebook has announced that it’s rebranding itself with a new name, Meta. The new name was revealed on Thursday. It reflects the company’s commitment to virtual and augmented reality alongside the established social networks, according to the company, which it’s collectively calling the “metaverse.”
The parent company Facebook is rebranding as Meta; the Facebook app will continue to exist as it is. Same is the case with Messenger, Instagram, WhatsApp, and Oculus. Basically the places where you see the Facebook company mentioned will be changed to Meta.
“Today we are seen as a social media company, but in our DNA we are a company that builds technology to connect people, and the metaverse is the next frontier just like social networking was when we got started,” said Mark Zuckerberg.
According to Zuckerberg, the Facebook brand limits what the company wants to produce in the future. The new name is meant to “reflect who we are and what we hope to build,” Zuckerberg said. “Over time, I hope we are seen as a metaverse company.”