Facebook is planning to change its name – a name is likely

Facebook is planning to change its name - a name is likely

Mark Zuckerberg apparently wants to give Facebook Inc a new name in the coming week. The Metaverse is considered the favorite for a future group name.

Failures, data scams, election manipulation, endangering youth’s mental health – the name “Facebook” has been associated with all kinds of bad news lately. Maybe that’s why Mark Zuckerberg wants to announce the name change for Facebook Inc. on October 28? Perhaps the corporation also wants to abandon the image of a pure social media corporation and reorganize itself under the name “Metaverse”. that informed of At least US tech magazine The Verge.



Facebook is planning to change its name next week

Rebranding: Is the Group About to Make a Big Name Change? (Photo: Shutterstock)

The group understands the name “Metaverse” as a world made up of reality and virtuality. Over the years, Facebook has been putting a lot of effort into the futuristic areas of VR (Virtual Reality) and AR (Augmented Reality). For decades, Mark Zuckerberg has been talking about the fact that in the future people will no longer meet in social networks, but in virtual places. His dream: a modern second life. The group recently announced that it was indeed Create 10,000 jobs in Europe.

Google has already proven that big tech companies can sometimes get ahead and get ahead of themselves. The Digital Group connects a variety of business sectors ranging from Internet services and business to advertising, software development, health, biotechnology, investment and, of course, technology. In 2015, the parent company reorganized itself under “Alphabet”. This should make it clear that Groups is more than just a search engine.

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Mark Zuckerberg is now likely to pursue a similar plan with Facebook Inc. Exactly how the group will be called in the future has not yet been finally announced. “Metaverse” is not confirmed. In addition to Facebook, several other subsidiaries are likely to be formed under the parent company’s future name. The company owns social network Facebook, video and photo sharing app Instagram, Messenger WhatsApp and Oculus VR, a maker of virtual reality hardware.

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Facebook is struggling with innovation

The social network has undergone some major changes since its inception. Apart from a few minor redesigns, neither the product nor the public appearance has changed much since 2004. Several attempts to upgrade the product failed. For example, Facebook again shut down the second News Feed “Explore Feed” in 2018. The content didn’t come from friends or membership sites, but from an algorithm that evaluated users’ interests. The ceremony was only active for four months.

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