Facebook from tomorrow the company will be called Meta
Today Facebook announced that it will change its name to Meta from tomorrow. The rebranding is driven by the company's desire to resist criticism, stop being associated with unethical algorithms and abuse of market position. The tech giant, whose services have 2.9 billion monthly active users, has come under scrutiny and complaint from legislators, regulators and human rights activists in recent years.
Meta CEO Mark Zuckerberg said the company's new name reflects its focus on building the metaverse. The businessman said that the name Facebook is so closely related to one product that it cannot reflect everything that the company does today. The tech giant says the change will bring its various applications and technologies under one brand. The corporate structure of the company will not change.
The term "metaverse", first appearing in a dystopian novel three decades ago and now capturing the attention of Silicon Valley's greatest minds, describes the idea of a shared virtual environment that people using different devices can access.
The company today installed a new sign at its headquarters in Menlo Park, California, replacing the thumb up with a blue infinity sign that will be the Meta logo.
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