Facebook reportedly planning to rebrand with a new name to focus on Metaverse vision

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Since Mark Zuckerberg first appeared Presentation The company has promoted all cylinders in Facebook’s metaverse. To make this vision a reality, we have already announced plans to employ 10,000 people in the EU over the next five years, and we have a dedicated team dedicated to the Metaverse. In fact, Facebook CEO Mark Zuckerberg expects Facebook, the undisputed king of social media, to transform from a social media company into a “metaverse company” in the future.

So it’s no surprise that Facebook has decided to change its brand name and rename its company that focuses on building the metaverse to further this goal. report good ns ledge..

The new name will be announced at Facebook’s annual Connect conference on October 28, the report said. However, the announcement may be earlier. Due to the rebranding, the main platform “Facebook” could be positioned as one of several products under the parent company that also oversees other areas such as Instagram and Oculus.

Facebook certainly isn’t the first company to rebrand itself—Google and Snapchat have done the same thing before. Google established Alphabet as a holding company in 2015 and has shown growth from a major search engine to an entity that is present in the self-driving car and health technology industry, but Snapchat was renamed “cameras” a year later. Company” is branded as changed.

What is Metaverse? Simply put, it is the creation of a digital world in which people can live at the same time, consisting of a permanent and shared 3D virtual space, connected to the perceived virtual universe. This is the next generation of the Internet, known as a “virtual environment where you can live with people in a digital space”, and you can interact with them easily. The Metaverse can also be accessed from all headsets and devices.

As Zuckerberg emphasizes, this is an important element of Facebook’s future. The company already has more than 10,000 employees involved in manufacturing consumer hardware such as AR glasses. It is considered (by Zuckerberg) to be as ubiquitous as the smartphone.

Facebook reportedly planning to rebrand with a new name to focus on Metaverse vision

Source Link Facebook is reportedly planning to rebrand with a new name to focus on Metaverse vision

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