Resurrected on October 28, 2021
Facebook CEO Mark Zuckerberg announced today at Connect event Company name changed to Meta. Doing. Record can be found here. “Our company is building technologies that connect. Together, we can finally put people at the center of our technology.” Zuckerberg said. However, commentators around the world are clear that the noble words are just a cover for the problems Facebook is currently experiencing:
Ultimately, Zuckerberg offered a reasonable explanation: The company has countless products, so it doesn’t make sense to associate a name with just one. (Although Facebook is still the most important social network).
But the new name contradicts this idea. Meta refers to the metaverse, which is considered the “next big thing”. A platform built on interconnection via the Internet, which integrates virtual reality, augmented reality and many other technologies. The company promises a big investment, but hasn’t yet said exactly what the metaverse will be:
The company owns the domain meta.com (so far redirected to about.facebook.com/meta) and a Twitter account @meta (still blank). zuckerberg tellingThat the organizational structure will not change now, but the way financial results are reported will be different. Starting in the fourth quarter, the company will be split into “Family of Apps” and “Reality Labs” segments, and will be listed on the stock exchange under the MVRS from December.
Facebook will change its name. It detracts from the identity of the blue application. it can be horizon or meta
The social giant changes face. This does not mean that the social network Facebook itself will no longer be there. According to the information of the magazine ledge And The name will be changed by the company. It should be next week. The Connect conference will take place on October 28, and we’ll probably learn more at the latest during this event. Behind the rebranding is an attempt to make the so-called metaverse.
As my colleague Marketa Michekova pointed out on Tuesday, the company will be hiring 10,000 people in the EU because of this. The Metaverse is intended to be a platform built on interconnection via the Internet. But above all, it will be about Combination of virtual and augmented reality. From the current model of functioning in the virtual world, which we experience through the screens of mobile phones and computers, we will move to the concept where we will experience our stay in a more profound and generally different way.
Facebook for two billion dollars seven years ago bought oculus (it wasn’t his only similar acquisition), Therefore Reported phase does not come from vacuum. Facebook was established seventeen years ago. It only grows slowly and naturally seeks a place where it can expand. The rebranding can be compared to the situation where Google transferred its operations to the new parent company Alphabet.
speculation about new name
New Facebook name may contain this word horizon. Their online virtual reality game, originally called Facebook Horizon, launched two weeks ago Horizon Worlds renamed. This summer, the maker launched Horizon Workroom, a team collaboration tool.
The second principle plays with the expression meta. It will fit into the meaning of the efforts of the society. What’s more, it’s a short, catchy and understandable expression that makes Facebook really fit for the metaverse. As Casey Newton and Neil Shankar panic on Twitter, Facebook has bought several domains with the name meta, with meta.com currently redirecting to meta.org. This site is part of the Chan Zuckerberg Initiative.