Social media giant Facebook is changing its name. The company is expected to re-brand itself with a new name next week to focus on the metaverse. Facebook CEO Mark Zuckerberg is planning to change the name at the company's annual Connect conference on October 28, although it can be done before that.
According to the report, the rebranding will position Facebook's social media app as one of several products under a parent company that will oversee other groups such as WhatsApp, Instagram, and Oculus. Facebook said that the company does not comment on rumors.
The road map that Facebook owner Mark Zuckerberg has put in front of the world, will happen in a few years that people can do different things through different avatars in many places simultaneously sitting in their rooms.
This new world of the Internet has been named 'Metaverse'. Metaverse A universe of technology in which humans can exist in those places, which can be achieved through Virtual and Augmented Reality (Augmented Reality). Although a lot of work has been done in video games on these lines, through social media, there is a lot of discussion about the process of its entry into the world of common people.
As a metaverse, Facebook is envisioning a world in which people can work together, meet each other, do business, play, but with the level of technology needed and the way privacy is pursued.
It will need to take people's trust and confidence along with it, the company will have to do a lot of work to create it, and in the coming time, the thing to be considered will be whether Facebook can really prove itself to be worthy in technology as well.
