SPONSORED ADVERTISEMENT
SPONSORED ADVERTISEMENT
SPONSORED ADVERTISEMENT

Facebook to Possibly Change Its Name to Reflect Metaverse Vision

by Jal Cutaran  October 20, 2021

There’s no stopping Facebook Inc. in their plan to build the metaverse—a virtual reality version of the internet. The Verge leaked Facebook’s plan to change its name next week, so as to make the metaverse reflect on its brand.

Facebook to Possibly Change Its Name to Reflect Metaverse Vision

According to The Verge, CEO Mark Zuckerberg plans to talk about the Facebook name change at the company’s annual Connect conference on October 28th, but it could be unveiled sooner.

Last July, Zuckerberg said “we will effectively transition from people seeing us as primarily being a social media company to being a metaverse company.”

A metaverse refers to shared virtual world environments, which people can access via the internet. The term can refer to digital spaces, which are made more lifelike by the use of virtual reality or augmented reality.

With the rebranding, the metaverse would not only reflect on its name but would also position Facebook’s social media apps, such as Instagram, WhatsApp, Oculus, and more, under one parent company.

Facebook isn’t the first tech giant company to change its company name as its plans and visions expand. In 2015, Google reorganized entirely under a holding company called Alphabet. This move implied that they are no longer just a search engine, but a company that expands up to building autonomous vehicles. In addition, Snapchat also rebranded to Snap Inc. in 2016. Since then, it started branding itself as a “camera company.”

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

SPONSORED ADVERTISEMENT