Meta, which stands for Metaverse. It is the new name of Facebook Inc., announced by CEO Mark Zuckerberg during the Facebook Connect event. A decision, to change the name of the company, which had been in the air for days, and about which we had written. Too cluttered, by now, for a company that connects billions of people with different apps and that points decisively to the Metaverse, still called Facebook. Also and above all because the pains of the blue social media are continuous, with investigations and scandals that are perhaps crucifying Zuckerberg beyond measure.
The CEO, who during the event appeared firmly at the helm of the company (denying the rumors that he wanted to resign), explained for Facebook it was time to change the name. And Meta announced. “Right now, our brand is so closely tied to a product that it cannot possibly represent everything we are doing today, let alone in the future,” explained Zuckerberg, announcing the company’s name change.
“The metaverse is the next frontier”
«Over time – he added – I hope that we will be seen as a metaverse company and I want our work and our identity to be anchored to what we are building. The metaverse is the next frontier. From now on, we will be in first place in the metaverse, not in Facebook ».
The CEO further explained: «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 started. Our hope is that within the next decade the metaverse will reach a billion people, host hundreds of billions of dollars of eCommerce and support jobs for millions of creators and developers. “
New ticker from December 1st
According to Zuckerberg, “the metaverse will be the successor to the mobile Internet. We will be able to feel present – as if we are right there with people, no matter how far apart we are. We will be able to express ourselves in joyful and completely immersive new ways ». The company has announced that its shares will begin trading with a new ticker, MVRS, starting from December 1, with the two social networks Facebook and Instagram, as well as the instant messaging app WhatsApp and the division of viewers. augmented reality Oculus.