Facebook CEO announced in a press conference held in a virtual and augmented reality via live stream that the company will be renamed “Meta”, as they shift their focus to virtual reality.
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He said that the although the company has renamed itself, the social networking site will still continue to be called Facebook.
He cited wanting to focus on building the “metaverse” and that their brand is “so tightly linked to one product that it can’t possibly represent everything that we’re doing today, let alone in the future.”
You can watch the entire press conference below:
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Images source: Mark Zuckerberg on Facebook and Unsplash
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