Facebook’s New Name Meta, Read Why Mark Zuckerberg Changed The Name To Meta.

Facebook CEO Mark Zuckerberg announced the new name when he announced plans to build a “Metaverse”.

However, the company says it would be better off “covering up”. What it does as it expands beyond social media into areas as virtual reality (VR). The changes do not apply to individual platforms such as Facebook, Instagram, and Whatsapp. But only to the parent company to which they belong. The move follows a series of negative Facebook stories based on documents leaked by former employees.

Francis Haugen accused the company of placing “profits above safety. In 2015, Google restructure its company and rename its parent company Alphabet, but it was not require.

What is Metaverse?

Facebook CEO Mark Zuckerberg announced the new name when he announced plans to build a “Metaverse. An online world where everyone can play, work and communicate in virtual environments, often with VR headsets. He said existing brands “may not represent everything we do today, much less in the future” and must change.

“I hope that over time they will be considered a company with a metaverse Facebook’s New Name Meta, and I want to strengthen our work and identity in what we build,” he told a virtual conference. We now view and report on our business in two different segments. One for our app family and our work on future platforms.

“And as part of that, it’s time to introduce a new company brand that embraces everything we do and reflects. Who we are and what we want to build. The company also unveiled a new sign Thursday at its headquarters in Menlo Park, California. Replacing the “Like” logo with a blue borderless shape.

To outsiders, the Metaverse may seem like a VR version, but some believe it could be the future of the internet.

Alternately of sitting in front of a computer, people at Metaverse can use headphones to enter a virtual world that connects all possible digital environments. We hope the virtual world can be used for almost anything from work, games. And concerts to communicating with friends and family.

Facebook has announced that it will start trading its shares under the new stock market ticker MVRS beginning December 1. The company has suffered a lot of losses in terms of its reputation. The Washington Post reported today that Facebook withheld vital information about vaccine misinformation from politicians during the pandemic.

This is the most current in a series of stories based on internal documents presented to the media by former associates of Ms. Haugen. The report claims, among other things, that Facebook’s New Name Meta is involved in research showing Instagram is damaging the mental health of teens. And is struggling to remove hate speech from its platforms outside the United States. Mark Zuckerberg described the report as a “coordinated effort to selectively use leaked documents to create a false image of our company.”