Real reason why Facebook changed its name- Zuckerberg

By allcitynews.ng

The leadership of Facebook has explained the reason why the name was changed from Facebook to Meta.

The change of the corporate name, according to Mark Zuckerberg, would not only fully accommodate what it stands for but would also enlarge its coast beyond social media into areas like Virtual Reality (VR).

Mark Zuckerberg

The change does not apply to its individual platforms, such as Facebook, Instagram and Whatsapp, only the parent company that owns them.

The move follows a series of negative stories about Facebook, based on documents leaked by an ex-employee.

‘Our company is now Meta’ stressed Zuckerberg.

In addition Mark Zuckerberg after unveiling said the plans is to build a “metaverse” – an online world where people can game, work and communicate in a virtual environment, often using VR headsets.

He said the existing brand could not “possibly represent everything that we’re doing today, let alone in the future”, and needed to change.

“Over time, I hope that we are seen as a metaverse company and I want to anchor our work and our identity on what we’re building towards,” he told a virtual conference.

What is a metaverse?

“We’re now looking at and reporting on our business as two different segments, one for our family of apps, and one for our work on future platforms.

“And as part of this, it is time for us to adopt a new company brand to encompass everything that we do to reflect who we are and what we hope to build.

“I am proud to announce that starting today, our company is now Meta.”

People in a metaverse

To an outsider, a metaverse may look like a version of VR, but some people believe it could be the future of the internet.

Instead of being on a computer, people in the metaverse might use a headset to enter a virtual world connecting all sorts of digital environments.

It is hoped the virtual world could be used for practically anything from work, play and concerts, to socialising with friends and family.