Facebook Changes Its Parent Company Name To Meta

Facebook Changes Its Parent Company Name To Meta

Facebook announced that the company name “Facebook Inc” is changed to “Meta”, so the company will be called Meta from now instead of Facebook.

Changing its corporate name to Meta was announced from a tweet on the @Meta handle.

Facebook Changes Its Parent Company Name To Meta
Image Credit: TechCaput

I had to visit the Facebook about page and that is what I saw at the top of the screen.

The change does not apply to its platform, such as Facebook, Instagram, and WhatsApp, only the parent company that owns them is changed.

Facebook app name remains the same, but the parent company name will be changed to Meta, meaning that Facebook, Instagram, and WhatsApp will be owned by Meta.

Facebook Changes Its Parent Company Name To Meta
Image Credit: Facebook

Why is Facebook called Meta?

Mark Zuckerberg said that the name “Meta” was inspired by his love for the metaverse and that it comes from the Greek word “beyond”.

What is Metaverse?

According to Wikipedia;

Metaverse is a speculative future iteration of the Internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe. The metaverse in a broader sense may not only refer to virtual worlds but the Internet as a whole, including the entire spectrum of augmented reality.

The rebranding occurred in criticisms from American administrators and controllers over its market power, its algorithmic choices, and the policing of maltreatments on its foundation.

So Facebook is going beyond just being a social media company.

Adetheblogger

I'm the Founder of Techcaput, a 20 years old guy who loves technology and innovations.

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