Beiruting - Life Style Blog - Facebook could no longer be called Facebook as of next week
previous article
next article
Facebook could no longer be called Facebook as of next week
(What's up ?) 2 years ago

Facebook wants to change its company name as soon as next week, according to a new report from The Verge. The new name will reportedly reflect Facebook’s focus on building the metaverse, a concept that has quickly become a buzzword in the tech world in recent times.

Mark Zuckerberg plans to talk about the name change at the upcoming annual Connect conference on October 28, but it could be revealed sooner, the report says. The rebrand will likely position Facebook as a separate product under a new parent company that also oversees other products like Instagram, WhatsApp, Oculus, and more. The move would be similar to what Google did back in 2015 when it set up a new parent company called Alphabet.

We will effectively transition from people seeing us as primarily being a social media company to being a metaverse company,” Mark Zuckerberg told The Verge back in July. He also previously said that the metaverse is “going to be a big focus, and I think that this is just going to be a big part of the next chapter for the way that the internet evolves after the mobile internet.”

The report says that the new name is a closely guarded secret and is not known among even Facebook’s senior leadership.

Facebook has ramped up its efforts on building metaverse in recent months. Last summer, it set up a dedicated metaverse team. A few days ago, Facebook announced plans to hire 10,000 new people in Europe to work on metaverse. The company also recently invested $50m in funding programs and external research to help “build the metaverse responsibly.”

Facebook describes metaverse as “a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.”

FIND YOUR PLACE
search
YOU MIGHT ALSO LIKE
Hilton
Enjoy views of Beirut city from Hilton
Enjoy stunning views of Beirut city and the majestic Mount Lebanon from Hilton Beirut Habtoor Grand hotel. Ideally locat... read more
CHARLES DE GAULLE STREET HORSH TABE, BEIRUT,L
09 901 701 - 70 50 40 04
view map
Kempinski Summerland Hotel
Luxury 5 Star Resort
Welcome to Kempinski Summerland Hotel & Resort Beirut, where luxury unfolds in the heart of a historic city.  A mesm... read more
Jnah
09 901 701 - 70 50 40 04
view map
Phoenicia Hotel Beirut
Everybody's elite destination
Lebanon - a colorful Mediterranean country with a magnificent climate, full of unexpected contrasts. It is rich in histo... read more
Minet El HosnBeirut, Lebanon 11846
09 901 701 - 70 50 40 04
view map
Le Gray Beirut
Simply Seductive…
  With the opening of Le Gray, Beirut finally has the hotel it deserves – a contemporary luxury hotel as stylish as the... read more
Martyrs’ Square, Beirut Central District
09 901 701 - 70 50 40 04
view map
The Smallville Hotel
Come in as a guest,leave as a hero
Conveniently located in the charming neighborhood of Badaro, The Smallville Hotel delivers a heroic experience like no o... read more
Damascus Street, Museum District,Badaro, Beir
09 901 701 - 70 50 40 04
view map
FEATURED EVENTS
  • online ordering system for restaurants
  • The best online ordering systems for restaurants
  •