As expected, Facebook today announced a new corporate name. Earlier today, at the Facebook Connect event, the company said it will now be known as Meta. Keep in mind that the website and app will not have a new name and will always be known as Facebook.
Facebook’s corporate name is now Meta
The executive added that “But over time, I hope we will be seen as a metaverse business.” A metaverse is âa virtual reality space in which users can interact with a computer-generated environment and other usersâ.
In the blog, the besieged executive writes about a future where you can teleport in hologram form and arrive at your desk without moving. Or attend a concert, or even visit your parents without wasting the time it takes to travel and deal with traffic. Lots of things that are currently part of the physical world might end up being holograms in the future, like “your TV, your perfect working setup with multiple monitors, your board games, and more – instead of physical objects put together. in factories, they will be holograms designed by designers around the world. “
Zuckerberg’s original comment on making money to create better services may not be sincere
According to the Facebook co-founder, âYou’ll go through these experiences on different devices: augmented reality glasses to stay present in the physical world, virtual reality to be completely immersed, and phones and computers to jump off existing platforms. it’s not about spending more time on screens; it’s about improving the time we already spend. “He reiterated a comment made in the letter from its founder:” We don’t build services to make money, we make money to create better services.
Zuckerberg seems to realize the need for change, not just to change the name of the company. He says privacy and security need to be built into the metaverse from the start. And from now on, the business will be metaverse first instead of Facebook first. Finally, you will not need to have a Facebook account to use the other services of the company. He says, âAs our new brand begins to appear in our products, I hope people around the world will know about the Meta brand and the future we stand for. “
By the way, for you Facebook stock traders, the company’s ticker symbol will change from FB to MVRS.