Facebook founder Mark Zuckerberg introduced Thursday that the corporate name of the social media platform will change to “Meta,” to emphasize its “metaverse” imaginative and prescient. The flagship social community will maintain its name.
“From now on we are going to be Metaverse first, not Facebook,” Zuckerberg stated throughout a keynote deal with on the firm’s annual developer’s convention. “I hope that people come to know the Meta brand and the future that we stand for.”
Zuckerberg stated the corporate’s future will concentrate on constructing digital actuality merchandise that join customers by way of a special medium. He predicted that one billion individuals might be on the Metaverse within the subsequent decade.
The corporate describes the metaverse as a three- dimensional digital area the place customers can create avatars that signify them. Zuckerberg stated the brand new digital actuality world will permit customers to play video video games, watch motion pictures, attend concert events, collaborate with colleagues, and collect with associates with out leaving their lounge.
Zuckerberg referred to as Facebook, which he launched from his faculty dorm room in 2004, “an iconic social media company,” however added that the name now not “encompasses” every thing the corporate does.
“Right now, our brand is so tightly linked to one product that it can’t possibly represent everything that we’re doing today, let alone in the future,” Zuckerberg stated.
The corporate can also be altering its inventory ticker from “FB” to “MVRS,” efficient December 1.
