Explained: Why Facebook wants to rebrand itself for the ‘Metaverse’
Facebook plans to brand itself. And the change could be blazoned at the company’s periodic Connect Conference on October 28 or earlier, according to a report by The Verge. For Facebook, the‘rebranding’is n’t just about a switch in the company name but a reflection of the company’s growing intentions and concentrate on a new area metaverse Facebook has formerly blazoned plans to invest$ 50 million as part of its sweats to produce a‘ responsible’metaverse. It also plans to produce nearly new jobs in Europe as part of its‘metaverse’ intentions. But what exactly is the metaverse and why is Facebook so invested in it? More importantly, does the metaverse indeed live? We explain below.
What's this about Facebook renaming itself?
It was The Verge that first reported on Facebook’s plans to brand i...