New Delhi: Facebook, which owns social media sites Instagram and WhatsApp — is reported to change its household name. The social media giant is planning to change its name and work towards something that shows commitment towards building a sort of metaverse of services. The company is now done with its social media tag and wants to explore its horizon.
The plans for the name change could be the Centre of Mark Zuckerberg’s address at Facebook’s annual Connect conference, which is slated to take place on October 28. people familiar with the matter said. This may mean the rebranding may happen within October. The main purpose will be to shun the social media label and be rid of all the controversies with the new name.
The new identity will give Facebook a way to build services into the metaverse while it builds its image. Zuckerberg wants to separate its futuristic work, such as the AR Glasses, from the pressure of regulators and the scrutiny While the new identity will give Facebook a way to build services into the metaverse, it is certainly meant to achieve a bigger purpose. Zuckerberg wants to separate its futuristic work, such as the AR Glasses.
Facebook has refused to comment on the development as of now.
