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Facebook Inc. is changing its name to Meta Platforms Inc., or Meta for short, to reflect what Chief Executive Officer Mark Zuckerberg says is its commitment to developing the new surround-yourself technology known as the "metaverse," the company announced Thursday.
Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future — what Zuckerberg calls the “metaverse”.
The announcement comes amid an existential crisis for Facebook
After Mark Zuckerberg announced parent company Facebook Inc's rebrand to Meta on Thursday the new name was immediately the subject of many memes.
Farewell to a trailblazer. Facebook's new VR headsets will be called Meta Quest, killing the Oculus brand.