Facebook changes name to Meta: Mark Zuckerberg announces company to rebrand as it moves to the metaverse
CEO of Facebook Mark Zuckerber CEO Mark Zuckerberg said on Thursday that Facebook will change its name to Meta to symbolize the company's developing interest on the metaverse. "From now on, we'll be the metaverse first, not Facebook first," Zuckerberg stated Thursday at the business annual Connect conference. "Our brand is so closely associated with one product that it can't reasonably represent what we're doing today, let alone in the future." Despite the fact that its concept is expanding to virtual environments where people engage via digital avatars, the corporation has stated that it would not change its organization structure. It will be denoted by the ticker symbol MVRS. According to the corporation, Facebook and its apps Instagram, Messenger, and WhatsApp will be situated in a distinct division from Facebook Reality Labs, which creates the company's augmented and virtual reality products. "We've gone from desktop to web to pho