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It’s Official: Facebook Rebrands as Meta

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the leaked Facebook Papers. At the same time, Meta is hoping to redefine itself as more than social media apps as it ventures into more metaverse and hardware offerings.This new Facebook will center around what Zuckerberg has been trumpeting as his vision for the future internet — the “metaverse.” With this change, the social giant will further its reach into the hardware space focusing on augmented and virtual reality products.

In 2014, Facebook purchased gaming headset company Oculus for $2 billion, and it has been building out a virtual social platform called Horizon.From playing games to working out, Zuckerberg said the goal is for Meta to reach 1 billion people within a decade.

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