Social media giant Facebook Inc. is planning to change their name to brand new. The announcement of the new name may come next week. The Verge quoted a source involved in the name change as saying on Tuesday (October 19th).
According to Verge’s report, every year Facebook holds a conference called ‘Connect’ with their employees.
Although the international organization Reuters contacted the Facebook authorities, they did not comment on the matter.
However, the idea is that this change may come next week.
Facebook’s new name may be Metavers. Basically, the initiative to change the name of Facebook is to restructure themselves.
According to the report published by Verge, Facebook has several more social media apps like Instagram, WhatsApp, Oculus. As a result of the branding of the new name, these apps of Facebook Inc. will come under a parent company.
The renaming of Silicon Valley companies is not new. This has been done before to increase the range of services.
In 2015, Google transformed Alphabet Inc. into a holding company. Their goal was to increase the scope of search and advertising business.
According to The Verge, the move is aimed at forming a so-called Metaverse company on Facebook.
Facebook has invested heavily in virtual reality (VR) and augmented reality (AR). Its goal is to connect around 300 million users through various devices and apps.
On Tuesday (October 19th), Facebook announced plans to recruit 10,000 people from European Union (EU) countries over the next five years. These staff will help create Metaverse technology.
Mark Zuckerberg has been talking about Metavers since last July. He said that the future of Facebook is hidden in the concept of Metaverse.
The name is being changed to Facebook
The place where far-reaching news is available right now is the social media Facebook. There are many emotions, love, happiness and sorrow involved with this Facebook name. This time, the Facebook authorities are planning to change the 18-year-old name.
The Verge quoted a source involved in the name change as saying on Tuesday (October 19th).
The idea is that this change may come next week. Facebook’s new name may be Metavers. Basically, the initiative to change the name of Facebook is to restructure themselves.
According to Verge, every year Facebook holds a conference with their employees called ‘Connect’. at the conference. The new name may be known before that.
The name Metaverse means a virtual world
Where you can connect with the world through the Internet. This world is a digital combination with reality. Users will feel more alive in this world as they develop through virtual reality or augmented reality.
Meanwhile, Facebook has recently given a new notification to many users. . After receiving the notification, the question arose among the users, what is Facebook Protect and how does it cause.