Facebook, which covers various activities and directions, has changed its name to Meta.
One of the reasons for this drastic step was the coincidence of the company's name with the world's largest social network, which was behind the beginning of the company's success. However, other social networks or the Oculus brand, which develops hardware, began to be added to the company's portfolio. That's why the Facebook management decided to separate the name of the company and the social network.
It will undoubtedly take a while for the world to get used to the name Meta. It is very general at first glance. It refers to the concept of meta version, ie an ambitious absorbing superstructure that would change the use of the Internet from the beginning. The title refers to works such as Ready Player One. This year alone, Facebook's management (now Meta) has backed the vision with more than $ 10 billion. Zuckerberg anticipates that his company will become the centre of this space in the future.
The professional public speculates on the timing of this renaming. Zuckerberg reportedly planned this for more than half a year but comes at a time when Facebook is facing a huge wave of criticism after the company's internal documents leaked. They reveal that several toxic properties, the social network itself, are supported to increase profits. This is even though she has publicly declared that she is fighting against it.
What do you think about the name change? Do you like the new name? What name would you choose? You can write your opinions in the comments.