Why Facebook Changed its Name to Meta?
Facebook CEO Mark Zuckerberg announced on Thurs. (Oct. 28) that Facebook is changing its name to Metaverse. META= Beyond VERSE = Universe.
The rebranding for Facebook is a reflection of the company’s expanding goals and concentration on a new area, Metaverse.
Metaverse is an immersive next: generation version of the internet that relies heavily on virtual reality technology. Instead of browsing or sending messages online, you could feel like you’re physically there, interacting with virtual versions of real people, places, and stores.
What is the metaverse?
The metaverse doesn’t really exist—at least not yet. In the metaverse, you can go to school, go to work, play games, watch concerts, browse store shelves, and much more without ever leaving your home.
Currently, there are some spaces online with similarities to the metaverse, like the hand-drawn Topia and the virtual reality platform AltspaceVR.
Facebook’s sudden name change is a distraction from the whistleblower leaks that have marred its reputation in recent weeks. But Facebook’s ambitions haven’t wavered. By building the metaverse, the company could grow much more powerful than it is today.