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The world’s largest social network Facebook is planning to rename itself, according to a media report. Company CEO Mark Zuckerberg plans to unveil the new brand name at the latest at the annual Connect conference on October 28, US tech portal and media network The Verge wrote, citing a person familiar with the matter. The new brand design has to do with the new focus on creating a “metaverse,” it said.
Facebook understands “metaverse” to mean a world in which physical reality merges with augmented reality (AR) and virtual reality (VR) in a cyberworld. The term comes from American author Neal Stephenson, who first used it in 1992 in his science fiction novel Snow Crash
The change will position Facebook alongside its Instagram, WhatsApp, Oculus and other platforms under one parent company, it added. Facebook, when asked by Reuters news agency, said the company does not comment on rumors and speculation.
- source: k.at/picture:pixabay.com
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