All you need to know about Facebook name change to ‘Meta' – When, Why and How?
On October 28, at Facebook Connect augmented and virtual reality conference Facebook’s CEO, Mark Zuckerberg, unveiled the new name “Meta” for his company previously named Facebook Inc.
Facebook Inc. had been the parent company behind the King social media applications Facebook, Instagram, WhatsApp, Messenger, and the virtual reality company Oculus
The new name reflects company’s growing ambitions beyond social media. However, it is important to note that the name change does not apply to its individual social media platforms, such as Facebook, Instagram and WhatsApp.
What’s behind Zuckerberg Metaverse Vison
Facebook Inc. has said that metaverse has supposed to be the post internet-world, a decentralized computing platform.
Facebook CEO, Mark Zuckerberg “Metaverse” vison focuses on pushing its VR Dream (virtual reality) to become mainstream. Metaverse is a virtual world where people can play games, work, and communicate in a virtual space using VR headsets. Facebook plans to hire as many as 10,000 people within UK to develop Metaverse.
However, Zuckerberg idea behind Metaverse goes beyond just doing VR headsets.
Will the Metaverse really work?
Metaverse is being envisioned as a new world order where services could be offered in exchange for virtual assets. Meta verse will let users hang out with people who are not in the same space
Facebook has said that metaverse will let people meet their friends, shop, learn and even work in the online space.
Metaverse coming, tomorrow?
Facebook’s Metaverse vision is still an idea, and it will take many years to create a virtual world. Facebook also admits that the metaverse won’t be “built overnight” and its products will be fully realized in the next 10 to 15 years.
Is it all because Facebook tends to shed its toxic Past?
Despite the jokes around the new name, critics say that the rebranding dodges the real scandals surrounding Facebook. Rebranding comes as Facebook Inc. looks to shed its toxic past.
Facebook has been accused of misleading investors and the public about its user growth, efforts to fight hate speech and disinformation. Critics have said that Facebook’s rebranding is more focused on drawing a curtain over its recent scandals.
Recent internal documents also showed how fakebook algorithm pushes fake news and hate speech in India - Pakistan. The Indian government has asked Facebook to provide details of the algorithms and processes used by the social media giant. Also, Facebook Inc. has been battling a fresh crisis since former employee turned into a whistleblower and leaked explosive internal documents to court.
Amid all the on-going scandals around Facebook, Facebook has promised it will Build the Metaverse more responsibly and carefully.
These Savage Merciless roasts about Facebook
No later as Zuckerberg announced about the name change it immediately met with the funniest jokes and memes.
Twitter official account reacted to the news with a fun tweet.
“BIG NEWS lol jk still Twitter”.
Many social media users took the opportunity to hit Facebook with a barrage of jokes and memes.
US hamburger chain, Wendy’s, tweeted that it will change its name to “Meat”, igniting a new series of memes.