Facebook has changed its name!
The company will now be known as Meta.
Facebook’s annual Connect conference yesterday, i.e., Thursday, October 28, 2021. The key note speaker for the event was Mark Zuckerberg, CEO, who took up the “stage” — a virtual home — to make the announcement for the latest updates in the company along with the name change for the company.
This new name change clearly reflects the company’s ambitions for the future that is to come. But that just leaves many to wonder what about the Facebook name that the company has had, which was actually derived from Face Smash, from back in 2003.
On this subject, Zuckerberg has to say, “Increasingly it just doesn’t encompass everything we do”. Further elaborating on it, he states, “right now our brand is so tightly linked to one product that it can’t possibly represent everything we’re doing today or in the future”. He also mentions that he wants to anchor the identity of the company on “what we’re building towards”.
And hence the parent company will hence forth be known as Meta while the social media platform will still continue to be known as Facebook.
However, despite the name change, the company will continue to keep on facing the issues and questions that had been raised against it, right up to the moment when this name change was announced. In spite of the timing of this announcement, this name change clearly points forth towards the hierarchy in the Zuckerberg led, Facebook, well, by that we now mean, the Meta, universe.
Facebook Now Becomes One Of The Many Other Products Under Meta
The name change, however, was only the grand finish to the keynote presentation. Its main highlight however, was the company’s desire and its future plans of developing what it likes to call a “metaverse”. The effort is to create an immersive mixed and virtual reality environment that serves to unify all the different existing platforms and lets their users to interact there.
Describing the concept, Zuckerberg states, “You’re going to be able to do almost anything you can imagine”. Describing all the different ways that users will be able to interact in this metaverse, Zuckerberg emphasises on its potential for situations like formal office meetings or even more casual family gatherings. He says, “Instead of looking at a screen, you’re going to be in these experiences”.