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Facebook to Undergo Branding Overhaul, Change Name (Report)

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thewrap.com
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according to a report by the Verge. Facebook founder and CEO Mark Zuckerberg wants the new name to demonstrate Facebook’s focus on building the metaverse, an unidentified insider told The Verge.

In addition to its namesake social media company, Facebook owns Instagram, WhatsApp and the virtual-reality headset company Oculus.

Representatives for Facebook did not comment for the Verge story and did not respond to a request for comment from TheWrap.In July, Zuckerberg told the Verge that Facebook aims to increase its investment in alternative reality technologies and “will effectively transition from people seeing us as primarily being a social media company to being a metaverse company.” This would not be the first time that a tech company.

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