The founder and chief executive Officer (CEO) of the agency, Mark Zuckerberg introduced the call exchange on Thursday, October 28, 2021.
The agency stated its new call might higher “embody” what it does now as it broadens its reach past social media.
Zuckerberg introduced the brand new name after unveiling plans to construct a “metaverse” — an internet international wherein human beings can sport, work and speak in a virtual environment, regularly the use of VR headsets.
“We believe the metaverse can be the successor to the cell internet. We’ll be able to experience present — like we’re right there with people regardless of how far apart we in reality are,” he stated.
He brought that the prevailing brand couldn’t “probable constitute the entirety that we’re doing nowadays, not to mention in the future”, and had to alternate.
“through the years, i’m hoping that we are seen as a metaverse agency and that i need to anchor our paintings and our identification on what we’re constructing closer to.
“We’re now searching at and reporting on our commercial enterprise as two one-of-a-kind segments, one for our own family of apps, and one for our paintings on future structures.
“And as a part of this, it’s time for us to adopt a new corporation brand to embody everything that we do to reflect who we are and what we are hoping to build.
“i am proud to announce that beginning today, our agency is now Meta.”
The change, however, does now not follow to the enterprise’s man or woman systems, including facebook, Instagram and Whatsapp, most effective the figure organisation that owns them.