Facebook Rebrands as Meta, CEO Mark Zuckerberg Explains, Citing Investment in the ‘Metaverse’
Facebook is now referred to as Meta, the enterprise stated on Thursday. The branding centres at the advent of "Metavers," a shared digital global so that it will prevail the cell Internet. The rebranding comes because the global's biggest social media enterprise confronts complaint from politicians and government over its marketplace dominance, algorithmic judgments, and enforcement of carrier abuses.
CEO Mark Zuckerberg said all through the organisation's live-streamed digital and augmented fact convention that the brand new call symbolises the paintings being executed on Metavers in preference to a social networking platform named Facebook.
Terrible Reputation
This week, Facebook stated that its hardware subsidiary, Facebook Reality Labs, that's chargeable for its augmented and digital ...