Saijo George

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friday29 Oct 2021

Facebook just revealed its new name: Meta

https://www.tubefilter.com

Facebook CEO Mark Zuckerberg announced Thursday at his company’s Connect event that its new name will be Meta. “From now on, we’re going to be metaverse-first, not Facebook-first,” he said.

The business’s overall corporate entity, which operates Facebook-the-social-network, Instagram, Oculus, WhatsApp, and more, is now called Meta.

Meta’s rebrand apparently won’t change its corporate structure, but will affect how it trades on the stock market (its ticker symbol will change to “MVRS” beginning Dec. 1) and will change how it reports earnings. From now on, it’ll separate its metaverse efforts, including Oculus, from its social media offerings.

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