Facebook on Thursday announced that it has changed its company name to Meta.
The name change was announced at the Facebook Connect augmented and virtual reality conference. The new name reflects the company’s growing ambitions beyond social media with the metaverse, a classic sci-fi term Facebook, now known as Meta, has adopted to describe its vision for working and playing in a virtual world.
“Today we are seen as a social media company, but in our DNA we are a company that builds technology to connect people, and the metaverse is the next frontier just like social networking was when we got started,” Meta CEO Mark Zuckerberg said.
News on social media powerhouse Facebook's rebranding was released a few days ago.
The company plans to create ten thousand jobs in EU countries within the framework of developing a metaverse.
