Facebook Just Revealed Its New Name: Meta

Facebook’s new name is Meta. This means they are a company that builds technology to help people connect with each other. With this, people can be at the center of their technology. There will be a bigger creator economy because of this.

He said the name Facebook doesn’t fully show what we are. He wants to show that Facebook does more than just one thing, and he thinks it will be seen as a company that does many things. He is hoping that in the future, people will see Facebook as a company that is doing many things.

Mark Zuckerberg owns the Twitter handle @meta and meta.com, which now redirects to a Facebook page that explains the changes.

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On October 19, The Verge reported that Facebook is changing. They r moving away from being just a social media company to becoming a metaverse company. In July, Mark Zuckerberg explained that Facebook would be transitioning over the next few years into an organization that builds virtual reality.

Zuckerberg said that Facebook is changing how it reports its financials. They will start reporting on two different segments – Family of Apps and Reality Labs. Facebook will also start trading with the new stock ticker MVRS, starting on December 1. This does not affect how we use or share data.

FB has been under a lots of scrutinies recently. After people find out about what Facebook does, they might not want to use it anymore. The company could be broken into different companies because people do not trust it anymore.

Here Is Facebook Offical Tweet

Also, Read Facebook Refocusing on Its Services for Serving Young Adults

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