Facebook has a new name. dead. Will Zuckerberg convince you he’s not just distracting from problems? – Živě.cz

Facebook has a new name.  dead.  Will Zuckerberg convince you he's not just distracting from problems?  - Živě.cz

Revived on October 28, 2021

Mark Zuckerberg, CEO of Facebook, announced at today’s Connect event Rename the company to Meta. The record can be found here. “Our company is building connected technologies. Together, we can finally put people at the center of our technology.” Zuckerberg said. However, commentators around the world are clear that the noble words are just a cover for the problems Facebook is currently facing:

After all, Zuckerberg offered one reasonable explanation: The company has a myriad of products, so it doesn’t make sense to associate one name with another (Although Facebook is still the most important social network.)

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But the new name contradicts this idea. Meta refers to the Metaverse, which is supposed to be the “next big thing”. A platform built on online interconnection, which integrates virtual reality, augmented reality, and many other technologies. The company promises a huge investment, but has not yet said what the Metaverse will actually be like:

The company owns the domain meta.com (so far it has been redirected to about.facebook.com/meta) and a Twitter account Tweet embed (still blank). Zuckerberg explains that the organizational structure will not change yet, but a different approach is to report financial results. Beginning in the fourth quarter, the company will be split into the “Application Family” and “Reality Labs” divisions, and will be listed on the stock exchange under the acronym MVRS from December.

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