During the Facebook Connect event this Thursday, 28th, the CEO of Facebook,Mark Zuckerberg, announced that the company will now be called Meta.
The change will be in the name of the parent company, which means that the social network will continue with the same name. She owns not only Facebook, but also Instagram It is Whatsapp. O Google did the same thing in 2005, when it reorganized into a holding company called Alphabet.
The change comes as part of the concentration around the metaverse, a concept that has been talked about by the CEO since July. The group has been investing heavily in virtual reality and augmented reality, especially with the subsidiary Oculus.
At the event, Zuckerberg explained that the name Facebook does not fully encompass everything the company does. “Right now, our brand is closely linked to a product,” he said. “But over time, I hope we will be seen as a metaverse company.”