HomenewsThe real reason why Facebook changed its name to META

The real reason why Facebook changed its name to META

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Ernest Gyeduhttps://hypercitigh.com
Ernest Gyedu also known as Fantasma is a Socio economic data analyst who also has knowledge in Geospatial analysis. He is a hardworking goal driven and determind young lad who holds the portfolio of co-founder and managing director of hypercitigh media group.
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Facebook has changed its corporate name to Meta as part of a major rebrand.

The change does not apply to its individual platforms, such as Facebook, Instagram, and Whatsapp, only the parent company that owns them.

The company said it would better “encompass” what it does, as it broadens its reach beyond social media into areas like virtual reality (VR).

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The move follows a series of negative stories about Facebook, based on documents leaked by an ex-employee.

With META being the new name now Facebook is moving aggressively to distance itself from a social-media business embroiled in crisis and rebrand itself as a forward-looking creator of a new digital world known as the “metaverse.”

The big question then becomes what is the ‘‘metaverse”? some people think the metaverse could be the future of the internet.

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however, following the controversies Facebook has been in lately, the whole rebranding process is seen by many to be just another way to continue old practices under a different name.

know more about the metaverse by watching this video by mark. click here to watch

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