Facebook changes company name to Meta

However, the name Facebook did not disappear, but became a subsidiary application belonging to the parent company Meta.

However, the name Facebook did not disappear, but became a subsidiary application belonging to the parent company Meta.
However, the name Facebook did not disappear, but became a subsidiary application belonging to the parent company Meta.

The rumor about Facebook changing its name has finally come true. Today, during this social network's Connect event, CEO Mark Zuckerberg said the new name of the company will be Meta.

Along with the new name, the company's logo will also be replaced with a stylized mathematical infinity symbol. However, the Facebook name still exists, but only as an application belonging to the parent company Meta, similar to the applications that the company acquired, including WhatsApp and Instagram.

Meanwhile, the virtual reality company's Oculus brand will also be dropped and those product lines will be renamed Meta Quest, the Oculus App will be renamed Meta Quest App. The Facebook Portal smart display device was also renamed Meta Portal.

Facebook changes company name to Meta
Facebook changes company name to Meta

"We're the company that built the technology to connect." Zuckerberg said. "Together, we can finally put people at the heart of technology. And together, we can unleash the vast creative economy ahead."

He emphasized once again his vision of turning the company into a metaverse and that the name Facebook remains tied to a single product, not enough to cover what the company wants to do. "But over time, I hope we're seen as a metaverse company."

Mr. Zuckerberg himself also owns the Twitter account @meta and the website meta.com - when you visit this site it will redirect you to the Facebook home page with an introduction to the change - before it will take you to the website meta.org, a biomedical discovery tool part of a project of the Chan Zuckerberg Science Initative foundation.

Besides the name change, the company also changed to a new stock code – MVRS. However, in his blog post, Mr. Zuckerberg said the structure of the company would remain the same and that "Today's announcement does not affect how we use or share data."

It can be seen that Facebook's name change this time is similar to Google's rebranding in 2015. At that time, the search engine became an application under the parent company Alphabet, along with related subsidiaries. to other areas of the company's activities.

Google Tech News

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