Facebook has changed this name when questions are being raised on the company in many countries about online safety, not stopping inflammatory content.
The social media platform Facebook has changed the name of its company to ‘Meta’. For the past several days, reports were coming that Facebook is planning to rebrand with a new name. Facebook is focusing on creating a ” metaverse ” , which is basically an online world where people can use different tools to transfer and communicate in a virtual environment . To accomplish this, the company has invested heavily in Virtual Reality and Augmented Reality.
Facebook Chief Executive Officer (CEO) Mark Zuckerberg announced that the company would grow from a mere social media company to a “metaverse company” and work on an “embedded Internet that will combine the real and virtual worlds more than ever.”
Facebook’s former Civic Integrity Chief, Samidh Chakraborty, suggested the company to be called Meta. Earlier Facebook did something similar in 2005, when it changed its name from The Facebook to Facebook. Facebook is used by more than 3 billion people worldwide. At the same time, the number of people using Facebook in India is 40 million.
The concept of the Metaverse is encouraging for Facebook and other large companies as it creates opportunities for new markets , new types of social networking , new consumer electronics and new patents . itic Facebook has changed this name when questions are being raised on the company in many countries for not preventing online safety, inflammatory content. The Indian government has also written to Facebook, seeking details of the algorithms and processes used by the social media company.
Facebook has taken this step to differentiate its established identity as a social network and to reflect the shift to an emerging computing platform focused on virtual reality. Chief Executive Officer Mark Zuckerberg said in a presentation at Facebook’s Connect conference held virtually on Thursday, ‘Today we are known as a social media company, but our DNA is that of the company, which connects people. Technology for. The metaverse is the next frontier, just like social networking. From now on, we’re going to be Metaverse first, not Facebook-first. ‘