Facebook is now called meta so this is Facebook Metaverse Company from now. This news came straight from Facebook founder and renowned barbecue enthusiast mark Zuckerberg himself during yesterday’s oculus connect. The focus of that big presentation was primarily on virtual reality.
But, went into Zuckerberg and the company’s more extensive plans to create a metaverse.
Which is a platform that would grow current social networks into a more immersive virtual world. Where the avatar interaction and other virtual reality implementations are going to work it is to make it sound like actual reality.
What Actually The FaceBook Metaverse Company Is?
For now, at least, Facebook, the social network, will still be facebook. Whether, the overall company that also owns Instagram, WhatsApp, and oculus, among others, will now go by this new umbrella term meta and we will know it now as Facebook Metaverse Company.
Moreover, In 2015 google underwent a similar process with the foundation of its parent company alphabet.
The change from Facebook to meta is officially to account for how many different platforms and products the company involves.
Why Did Facebook Name Change Occurred?
Former product manager Francis hogan turned whistleblower leaking internal documents and testifying before congress.
Earlier this month about the company’s not-so-scrupulous handling of user data, among other concerns. Controversy hasn’t slowed the push for the metaverse and Facebook or somewhat meta.
The ill-reputation of the company due to past rumors of selling users’ data made Mark Zuckerberg rebrand the company. While including more restricted security permissions to make it secure well.
He, in his live stream, video yesterday concluded that while bringing the metaverse to technology to it the security concerns will become well satisfied.
As we’re now calling it, it is dumping colossal amounts of money into creating this virtual world across all platforms by putting 10 billion dollars into augmented. Virtual reality development alone, so there it is meta.