HomeLatest NewsFacebook Gets New Name-‘Meta’, to Reflect ‘Metaverse’ Vision

Facebook Gets New Name-‘Meta’, to Reflect ‘Metaverse’ Vision

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Facebook gets new name!!

Mark Zuckerberg CEO, Facebook, announced that the company is rebranding itself as Meta. The announcement was made by Zuckerberg at company’s event. The name has been changed to represent the company’s vision of metaverse as the “next chapter”. The word “Meta” comes from the Greek word “beyond”.

“To reflect who we are and what we hope to build I am proud to announce, starting today our company is now Meta,” Zuckerberg said. “Our mission remains the same, it is still about bringing people together,” he added while asserting that “we are still the company that designs technology around people.”

Facebook Change Name 1

Social media giant Facebook gets the new name as Facebook and the CEO have both been facing flak since long. The criticism is over the company’s spread of misinformation and hate speech, and its potential to be harmful for teenagers and children.

Why Facebook gets a new name

“Facebook just doesn’t encompass everything the company does anymore. In addition to its primary social network, that now includes Instagram, Messenger, its Quest VR headset, its Horizon VR platform and more,” said CEO Zuckerberg. “Today we are seen as a social media company,” Zuckerberg said. “But in our DNA we are a company that builds technology to connect people.”

“We’ve learned a lot from struggling with social issues and living under closed platforms, and now it is time to take everything that we’ve learned and help build the next chapter,” Zuckerberg said.

Is Facebook going to change its structure?

Facebook Change Name 2

Absolutely No!! The structure for Facebook, along with Instagram, WhatsApp and Messenger will remain same. The company is not even planning to change its structure. Facebook’s hardware division Reality Labs will become a separate reporting unit. “Reality Labs” is the name given to the unit responsible for AR and VR efforts oh the company.

New logo For Facebook

The company has unveiled a new sign at its headquarters in Menlo Park, California.

The thumbs-up “Like” logo will be replaced with blue colour infinity shape. From December 1, it intends to start trading under the new stock ticker it has reserved. Zuckerberg has termed Facebook papers as unfair criticism. The company earlier announced its plan to hire 10,000 employees over the next 5 years.

“We’ve learned a lot from struggling with social issues and living under closed platforms, and now it is time to take everything that we’ve learned and help build the next chapter,” Zuckerberg said.

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Mansi Gupta
"Fair and virtuous, Royal and gracious", this is how she represent herself. Hailing from the city of temples Jammu, she completed her studies in Himachal Pradesh. Being a student of journalism and mass communication, she was always passionate about writing and speaking. She has also worked as a news anchor and reporter for digital platforms. Currently, she is working as a full-time content writer. She strongly believes in the 'power of writing' as those little words make a huge difference.
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