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| The details behind Facebook changing the company's name to become Meta |
Facebook has grabbed headlines in the past few weeks. But it is not good. This is where sensitive documents within the company are leaked, including research and reports on the harm the mental health platform is causing. In addition to the company's preference to make a profit.
In addition, there is a lot of news about the negative impact of Instagram on the psyche and mental health of its users. Besides, WhatsApp destroys user privacy and digital security, not to mention all corporate services stop working for more than 7 hours.
Among all these questions, Mark Zuckerberg (Mark Zuckerberg) came out to reveal the name change from Facebook to Meta. The company made this decision for many reasons, especially in these difficult times.
The parent company is the new Meta, which brings together all the services and apps that were previously part of Facebook's roof, including Instagram, WhatsApp, Oculus, and the Facebook and Messenger apps themselves.
Perhaps the main reason for changing the name of the company, more precisely the inclusion of all companies under a new name, is the meaning of the name itself, and here the name Meta comes from the Metaverse. This is a new technology in which the company is investing heavily.
Details about changing the name from Facebook to Meta
The company believes that the future of the Internet, and especially the future of social communications, will depend on the Metaverse. Metaverse is a virtual digital world that brings all people together like the real world.
Since it is a virtual world, accessing it requires products that make it possible, and this is where Facebook (or currently dead) has started to shift most of its attention away from virtual reality, along with the advancement of virtual reality and advanced technology. Eye glasses products. Reality.
Although with the future of Metaverse technology, the reason for the name change has become clear. However, many sources stated that the real reason Facebook changed its name is that the current name has turned into a bad name.
In fact, Facebook's privacy and digital security concerns have increased exponentially in recent years. It started with the Cambridge Analytica scandal and hasn't ended to this day with the "Facebook Profile" case. Additionally, recent leaks indicate that teens and teens are starting to migrate to Facebook as the platform has become boring and more age-friendly.
In this way, the company wants to appear in the market under a new name and try to avoid the mistakes of the past. In addition to the great interest that the Metaverse technology will receive and the resulting profits that will be achieved by the company.
As a result, Facebook is no longer focused on the social media space, but has grown into a meta-company focused on areas such as the Metaverse and its social media components.
Metaverse and Virtual Reality
Earlier, the company would spend up to $10 billion to develop the Yuanjie field. Speaking of virtual reality: Quest glasses are one of the company's flagship products. He also announced that sales of Beat Saber, which the company acquired in 2019, amounted to just $100 million.
Dozens of other companies have shown interest in the Metaverse, including TikTok, Microsoft, Roblox, etc., but Facebook is primarily interested in this area because - or at least its founder - sees the future of the Internet as we know it today.
Experts believe that it will take many years before viruses spread like the Internet. As Facebook will be one of the leaders in this field, Facebook may see it as an opportunity rather than a threat.
But back to what some believe is the real reason: The company decided to change its name, at least for the time being, to get rid of the hype of recent leaks, sell it to a new audience, and escape history.
On the other hand, the company is not the first to set up a parent company as an umbrella for all its services. Similar to Google when it founded Alphabet in 2015. However, Google has not changed the identity of its services under the Alphabet banner, as Facebook did with Meta yesterday.
Currently, the company's emergence with the new Meta name can be seen extensively on social media. In addition to launching Meta.com. During the conference announcing the new name, the company announced a number of different products and projects, which are referred to in the links above.