{"id":9190,"date":"2021-10-28T20:50:23","date_gmt":"2021-10-28T19:50:23","guid":{"rendered":"https:\/\/thedailyleaks.com\/?p=9190"},"modified":"2021-10-28T20:50:23","modified_gmt":"2021-10-28T19:50:23","slug":"facebook-changes-name-to-meta-in-major-rebrand","status":"publish","type":"post","link":"https:\/\/thedailyleaks.com\/facebook-changes-name-to-meta-in-major-rebrand\/","title":{"rendered":"Facebook changes name to Meta in major rebrand"},"content":{"rendered":"

Facebook<\/a>\u00a0said on Thursday it would rebrand as Meta, a name change that underscores its ambitions to refocus the world’s largest social network on building the “metaverse.”<\/p>\n

The rebrand comes as the company battles criticisms from lawmakers and regulators over its market power, algorithmic decisions and the policing of abuses on its platforms.<\/p>\n

CEO Mark Zuckerberg, speaking at the company’s live-streamed virtual and augmented reality conference, said the new name reflected its focus on building this new virtual realm rather than its namesake social media service.<\/p>\n

“Right now, our brand is so tightly linked to one product that it can’t possibly represent everything that we’re doing today, let alone in the future,” he said.<\/p>\n

ALSO READ:\u00a0Facebook\u2019s Mark Zuckerberg now centibillionaire, wealth hits $100 billion<\/a><\/strong><\/p>\n

The tech giant said the change would bring together its different apps and technologies under one new brand. It said it would not change its corporate structure.<\/p>\n

The metaverse, a term first coined in a dystopian novel three decades ago and now attracting buzz in Silicon Valley, refers broadly to the idea of a shared virtual environment which can be accessed by people using different devices.<\/p>\n

Reuters<\/a> said the company unveiled a new sign at its headquarters in Menlo Park, California, on Thursday, replacing its thumbs-up “Like” logo with a blue infinity shape.<\/p>\n

Zuckerberg said the new name reflects that over time, users will not need to use Facebook to use the company’s other services.<\/p>\n

The company said in a blog post that it intends to start trading under the new stock ticker it has reserved, MVRS, on Dec. 1.<\/p>\n","protected":false},"excerpt":{"rendered":"

Facebook\u00a0said on Thursday it would rebrand as Meta, a name change that underscores its ambitions to refocus the world’s largest social network on building the “metaverse.” The rebrand comes as the company battles criticisms from […]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":9191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,21,2],"tags":[52,376,1892],"coauthors":[25],"class_list":{"0":"post-9190","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news","8":"category-technology","9":"category-top-news","10":"tag-facebook","11":"tag-mark-zuckerberg","12":"tag-meta"},"yoast_head":"\nFacebook changes name to Meta in major rebrand - The Daily Leaks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyleaks.com\/facebook-changes-name-to-meta-in-major-rebrand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook changes name to Meta in major rebrand - 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