Tuesday, January 18, 2022
14.9 C
Islamabad
More

    Facebook May be Getting a Name Change Soon

    Latest Scholarships & Events

    Facebook May be Getting a Name Change Soon Facebook the biggest social media platform may be planning to change the company’s name soon in order to reflect its focus on building the metaverse. The news comes from a source with direct knowledge of the matter, as per The Verge.

    See Also  UK regulator is determined to block Facebook purchase of Giphy

    According to this source, Facebook CEO Mark Zuckerberg plans to talk about this upcoming name change at the annual Connect conference on October 28th. In fact, it could be unveiled a bit sooner and is meant to signal the tech giant’s ambition to be known as more than a social media platform.

    This rebranding will likely place Facebook and its family of social apps under a parent company overseeing groups like Instagram, WhatsApp, Oculus, and others. This is similar to how Google created a parent company Alphabet with the search engine and other services like YouTube as separate entities under it. A Facebook spokesperson denied commenting on this rumor.

    The company’s new name is reportedly a closely guarded secret and even the senior leadership is not fully aware of it. However, there is a chance that the new name will have something to do with “Horizon”.

    The news comes at a time where Facebook is being heavily targeted by regulators in the United States trying to take the company apart. Recently, a Facebook whistleblower has also exposed the company to prioritizing profit over its users, a claim that was backed by leaked internal documents.

    See Also  Huawei Nova 9 Goes Global for €499

    This rebranding could help the company separate some of its future projects that it’s working on, and give the Facebook team a breather in times of intense scrutiny.

    Note: For More Study News and Opportunities, Follow our Facebook Page, Twitter, Instagram, LinkedIn, Telegram Group and Whatsapp Groups.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    - Advertisement -

    Latest

    Related News