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Rumor is: Facebook will change their name!

Graybeard

Well-Known Member
Years of branding to be abandoned? Well, the Facebook name has picked up a lot of negative baggage and connotation as of late --so this just may be timely?

Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. ...

I’m told that the new Facebook company name is a closely-guarded secret within its walls and not known widely, even among its full senior leadership. A possible name could have something to do with Horizon, the name of the still-unreleased VR version of Facebook-meets-Roblox that the company has been developing for the past few years. The name of that app was recently tweaked to Horizon Worlds shortly after Facebook demoed a version for workplace collaboration called Horizon Workrooms.
 
We will see
Google is now Alphabet but they really didn't bury or abandon the brand Google
That was implied if you actually read the article ...
 

>>>Oct 28 (Reuters) - Facebook Inc (FB.O) is now called Meta, the company said on Thursday, in a rebrand that focuses on building the "metaverse," a shared virtual environment

CEO Mark Zuckerberg, speaking at the company's live-streamed virtual and augmented reality conference, said the new name reflected its work investing in the metaverse, rather than its namesake social media service, which will continue to be called Facebook.


"Right now, our brand is so tightly linked to one product that it can't possibly represent everything that we're doing today, let alone in the future," said Zuckerberg.

The company, which has invested heavily in augmented and virtual reality, said the change would bring together its different apps and technologies under one new brand. It said it would not change its corporate structure.

The tech giant, which reports about 2.9 billion monthly users, has faced increasing scrutiny in recent years from global lawmakers and regulators.


The company said in a blog post that it intends to start trading under the new stock ticker it has reserved, MVRS, on Dec. 1.

TARNISHED REPUTATION
Facebook said this week that its hardware division Facebook Reality Labs, which is responsible for AR and VR efforts, would become a separate reporting unit and that its investment in it would reduce this year's total operating profit by about $10 billion.

The name change, the plan for which was first reported by the Verge, is a significant rebrand for Facebook, but not its first. In 2019 it launched a new logo to create a distinction between the company and its social app.


The company's reputation has taken multiple hits in recent years, including over its handling of user data and its policing of abuses such as health misinformation, violent rhetoric and hate speech. The U.S. Federal Trade Commission has also filed an antitrust lawsuit alleging anticompetitive practices.<<<

For all the 'non-belivers'
--a leopard cannot change his spots --but the leopard that ate your face can change his name /s
 
Meta is better than Facebook.. this is a part of an effort to repair their reputation. After what happens usually with Facebook....
people forget that it is just one of the company's affiliates, along with Instagram and WhatsApp, it's not the overall brand
View attachment 21725

✿ Samira ✿
 
Facebook might not tarnish the Zuckerman Evil Empire's other brands :D
darth vader GIF
 
The Return of the Empire -- never ends :p
>>>
But that doesn’t mean the social media giant will change its business model. Yes, despite the new name and logo, Meta’s business will likely remain the same as Facebook’s. It will make money by tracking your every move to target you with ads.

And according to two experts I spoke with, Meta will find even more ways to follow you than Facebook did.<<<


Bow Down Rebel Wilson GIF by ABC Network
 
Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter.
 
"Right now, our brand is so tightly linked to one product that it can't possibly represent everything that we're doing today, let alone in the future," said Zuckerberg.
 
New name same game ...
I am not sure if they are just pandering to a trend or this is mainly a publicity stunt --time will tell
 
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