Facebook changes company name to Meta


Mark Zuckerberg announced on Thursday that Facebook changes its name to Target as it shifts its focus to the “metaverse.”

Zuckerberg showed this change Facebook” during the Connect conference dedicated to augmented and virtual reality.

V Facebook The founder continued his vision for what his company called the “metaverse,” an all-digital, parallel reality in which Meta will focus most of its investments in the coming years.

As it turned out, Facebookthe namesake service will be demoted to one of the company’s subsidiaries to take a position alongside WhatsApp and Instagram.

This step Facebook is similar to what is carried out Google in 2015, when the internal structure of the company was reorganized and the parent company was created, Alphabet

The change indicated by Facebook will be listed on the New York Stock Exchange from December 1, when the company currently listed as FB will be listed as MVRS.

In the presentation Zuckerberg showed several examples of what humanity would look like in the “metaverse” when people move around in the form of their personal avatars and attend events such as concerts.

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