Facebook will change the company name to Meta in focus on Metaverse

CEO of Facebook Inc. Mark Zuckerberg said the company would change its name to Meta to reflect growth opportunities beyond the eponymous social media platform in the online digital realms known as the metaverse.

“Over time, I hope that our company will be seen as a meta-global company,” Zuckerberg said on Thursday. He introduced the new company name, which also includes Facebook, Instagram, WhatsApp and other products at the annual Facebook developer event, where he detailed his vision of the metaverse, which he believes is key to attracting the social media giant to younger audiences.

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