Baller Alert Entertainment & Lifestyle
Tech giant Facebook has renamed itself, Meta.
CEO Mark Zuckerberg said Thursday that the company is rebranding itself in order to encompass its virtual-reality vision for the future.
“From now on we are going to be Metaverse first, not Facebook,” Zuckerberg said during a keynote address at the company’s annual developer’s conference. “I hope that people come to know the Meta brand and the future that we stand for.”
The new change applies to the company’s corporate name. The social network, which had nearly 3B users in September, will still be known as Facebook.
“Today we are seen as a social media company, but in our DNA we are a company that builds technology to connect people, and the metaverse is the next frontier just like social networking was when we got started,” Zuckerberg said.
Facebook’s new corporate name comes amid leaked documents exposing the company and accusing it of being aware of many of the harms its apps and services cause and either doesn’t fix or address the issues.
