At a Thursday event showcasing the companys turn toward virtual reality CEO Mark Zuckerberg said the worlds biggest social network will now be part of an umbrella company named Meta. Metas focus will be to bring the metaverse to life and help people connect find communities and grow businesses.
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Facebook has a new focus and a new name to go with it.
Meta. Facebook is changing its company name as it shifts its focus to the metaverse and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a. Facebook benefited from being just an app until it didnt but until today Facebook was also the company and as long as that was the case the metaverse vision was going to be fundamentally constrained by what already exists. The metaverse will feel like a hybrid of todays online social experiences sometimes expanded into three dimensions or projected into the physical world.
Meta seems like Zuckerbergs opportunity to make the same break.
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