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Facebook Renames Itself Meta Amid Controversy

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Logo for the renamed Facebook.

Facebook CEO Mark Zuckerberg said during Facebook Connect, the company's annual virtual reality/augmented reality conference, "In our DNA, we are a company that builds technology to connect people and the metaverse is the next frontier, just like social n

Credit: CNet

Facebook said Thursday it's rebranding itself as Meta to reflect the company's focus on building the metaverse, a virtual world where people work, play, learn and connect with their friends and family.

Meta will be a new parent company that will preside over Facebook and its services including photo app Instagram, messaging app WhatsApp and its virtual and augmented reality efforts. Facebook says it will start trading under the new stock ticker MVRS on December 1.

From CNet
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