Facebook is now an organization of Meta Company

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The journey of the meta company began

Facebook has changed its corporate name from Facebook to Meta as part of a larger rebrand. The company says it will better “incorporate” what it does, as it expands its reach beyond social media to areas such as virtual reality (VR). They only brought the change to the parent company they owned. No change on standalone platforms like Facebook, Instagram and WhatsApp.

The move follows a series of negative stories about Facebook, based on leaked documents from a former employee. In 2015, Google reorganized its parent company, Alphabet, but the name did not reach everyone.

Facebook boss Mark Zuckerberg announced the new name when he unveiled plans to create a “metaverse”. An online world where people can play, work and communicate in a virtual environment, and use VR headsets. He said that the existing brand i.e. Facebook probably cannot represent what we are doing. This needs to change for the future.meta company

“Over time, I hope we can be seen as a metaverse company,” Mr. Zuckerberg said. I want to anchor our work and our identity, the direction we are building. “We now see our business as two different segments, one for our apps family and the other for our work on future platforms.

As part of this, it’s time for us to embrace the brand of a new company. This will reflect what we do. And that’s what we want to create. The new name reflects the fact that over time, users will no longer need to use Facebook to access other services of the company.

The company unveiled a new logo at its headquarters in Menlo Park, California on Thursday, replacing its thumbs-up “Like” logo with a blue infinite shape.

In the Meta Company The word “meta” comes from the Greek word meaning “after”. To an outsider, seeing a metaverse can be like a version of VR. Some people believe that this could be the future of the Internet.

Instead of being on a computer, people on a Metaverse can use a headset to connect to a virtual world that connects to all kinds of digital environments.Hopefully the virtual world can be practically used for socializing with friends and family, starting from work, games and concerts.

The company says it wants to start trading its shares under the new stock ticker MVRS from December 1st.

Trying to change the name of a Meta Company is hard work. Zuckerberg says he chose the meta because it means “after” in Greek. It also hints at “Metavers”, an online virtual oasis he wants to create.

So the question is why Facebook, everyone can have trouble getting their meta calls.

At first glance, the move looks like Facebook is trying to divert attention from the negative stories hanging around the company. Critics believe Facebook did this because the brand has become toxic. We have already seen senators ignore the name change, with one describing the move as “cosmetic.”

Second, “metavers” do not yet exist. Zuckerberg was keen to emphasize it was a long-term product. So it is strange to have a name that is completely unrelated to your main offer. Almost all of Facebook’s revenue comes from Facebook and Instagram ads.

And third, we know that other big tech rebrands have failed. Almost no one refers to Google as the “alphabet”, a name that re-branded itself in 2015.

What is clear is that running Instagram and Facebook is no longer Mr. Zuckerberg’s passion. He is interested in creating virtual worlds, which he thinks will transform people’s experiences. The constant criticism of how he manages his social media companies is certainly waning. This restructuring may give him the ability to focus more on the company’s segments that excite him.

The division makes sense in that case. However, we have to wait and see if people will go with it.

‍some extra information

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