JUST IN: Facebook is changing its company name to Meta as it confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents.
Mark Zuckerberg said Thursday that Facebook will change its corporate name to Meta, effectively demoting Facebook's namesake service to being just one of the company's subsidiaries, alongside Instagram and WhatsApp, rather than the overarching brand.
"Zuckerberg kicked off a big product event on Thursday by teasing a series of new social, gaming and workplace concepts for the metaverse -- and by acknowledging the optics of focusing on such products amid renewed scrutiny of the company.Mark Zuckerberg's avatar presenting the metaverse at an event Thursday."I know that some people will say that this isn't a time to focus on the future, and I want to acknowledge that there are important issues to work on in the present.
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Facebook rebrands as Meta to emphasize ‘metaverse’ visionBREAKING: Facebook has renamed itself Meta to emphasize its virtual-reality vision for the future, CEO Mark Zuckerberg says.The move comes after leaked documents exposed that the company knew about the harms its products cause.
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