play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
playlist_play chevron_left
volume_up
chevron_left
  • cover play_arrow

    Music 24/7 - Feel the vibe
    Online Radio

  • cover play_arrow

    Talk Shows - Stay Updated
    Online Radio

  • cover play_arrow

    Pillars and Plants - Gospel
    Online Radio

  • cover play_arrow

    Audio Stories - A new movie experience
    Online Radio

  • cover play_arrow

    Welcome to the Leading Lifestyle Internet Radio
    Online Radio

  • Home
  • keyboard_arrow_right Breaking News
  • keyboard_arrow_right BREAKING: Facebook Changes Name To ‘Meta’

Breaking News

BREAKING: Facebook Changes Name To ‘Meta’

Online Radio October 28, 2021 23


Background
share close

Facebook has changed its company name to ‘Meta’.

This rebranding is coming amid series of scrutiny and widespread criticism over its business practices.

According to its founder Mark Zuckerberg on Thursday, the new name won’t affect how the company uses or shares data and the corporate structure isn’t changing.

The company said its stock will begin trading under a new ticker, MVRS, on Dec. 1.

The new holding company Meta will encompass Facebook, its largest subsidiary, as well as apps such as Instagram, WhatsApp and the virtual reality brand Oculus.

“Over time, I hope that we are seen as a metaverse company and I want to anchor our work and our identity on what we’re building towards,” Zukerberg told a virtual conference.

“We’re now looking at and reporting on our business as two different segments, one for our family of apps, and one for our work on future platforms.

“And as part of this, it is time for us to adopt a new company brand to encompass everything that we do to reflect who we are and what we hope to build.

“I am proud to announce that starting today, our company is now Meta,” he stated.

Tagged as: , , .

Rate it
Previous post
Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *