Facebook has rebranded as Meta, with the goal of creating the “metaverse,” a shared virtual Environment that it believes will succeed the mobile Internet.
Highlights
The name change, first reported by the Verge, is an important rebranding for Facebook.
It unveiled a new logo in 2019 to distinguish the company from its Social Media app.
Metaverse
The term “metaverse” was coined three decades ago in the dystopian novel “Snow Crash,” and it is now a buzzword in Silicon Valley.
According to Zuckerberg, the new moniker, which comes from the Greek word for “beyond,” symbolises that there is always more to build.
It refers to the concept of a shared virtual reality that may be accessed via a variety of devices.