Facebook planning to change name next week to rebrand company: Report

New Delhi: Facebook is believed to be planning to change the name of its organization next week as it focuses on building the Metaverse, The Verge reported, citing a source with insight into the issue.

the metaverse is A new computing platform that aims to connect people virtually. It is also a virtual reality version of the Internet that Facebook sees as the future.

As The Verge reports, Facebook CEO Mark Zuckerberg, who is expected to talk about the company’s new name at Facebook’s annual Connect conference on October 28, 2021, may announce it soon, thus making a difference in the social network. Shows his ambition to be recognized for more than his contribution. media and others.

The rebranding of the company’s name could put the Facebook app on the parent company’s supervision group list, along with Instagram, WhatsApp, Oculus and many others. However, according to The Verge, a Facebook spokesperson declined to share any comment about this story.

The metaverse is a fictional concept that brings together the real and virtual worlds. Like many other fictional concepts, the metaverse appears to be turning into a reality. It is believed to blur the lines between the physical and digital worlds, and Zuckerberg has shown great interest in the project.

Earlier on September 27, Facebook announced a $50 million investment in the Metaverse project.

It is a space that brings together virtual and augmented reality, the internet and real life. According to news reports, in addition to Facebook, Microsoft chief executive Satya Nadella has also said that the company is investing heavily in the “enterprise metaverse”.

With the help of Metaverse technology, one can wear virtual reality glasses which will give the person the feeling of being in front of a friend exactly, although that person is far away from reality and is only connected through the internet.

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