The New Name of Facebook is “Meta”.
Facebook founder Mark Zuckerberg announced Thursday that the company “Facebook” will be rebranded as… “Meta”.
Zuckerberg explained that the name “Facebook” doesn’t adequately describe everything the company does now. The old name is too closely associated with one product. “But over time, I hope we are seen as a metaverse company.”
So, what’s a Metaverse Company?!
There’s no definitive definition of a “real metaverse” other than it being a more advanced version of the internet.
Facebook, who has a big interest in defining what the metaverse will become, describes it as:
“The ‘metaverse’ is a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.”
So imagine if FaceTime and Virtual Reality had a baby. You could feel like you’re in the same room as your friends. Maybe even play foosball together.
So, the rebrand is about solidifying Facebook, er I mean Meta, as being focused on developing the so-called “metaverse”, which Mark Zuckerberg believes is the future of the internet.
This year, Zuckerberg has poured at least ten billion dollars into building the metaverse. It will be a fantastic new vision of the internet taken from the pages of sci-fi novels.
Or, maybe not. Time will tell. Wanna Jump into my Time Machine?
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