via Associated Press Mark Zuckerberg announces Facebook's new name, Meta, during a virtual event. Facebook has revealed a new company name and brand – but the reaction has largely been to ridicule the move. Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future – what the CEO and founder calls the “metaverse”. But the decision also comes amid a string of controversies that have followed the company’s various ventures, particularly the main Facebook platform, Instagram and WhatsApp. While the wider company name is being rebranded to Meta, the core Facebook service will remain unchanged.

Source: Huffington Post October 29, 2021 02:25 UTC