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Facebook has changed its corporate name to “Meta” which is a Greek word that means “beyond”. Zuckerberg said “there is always more to build’ which inspired him to rename his company from Facebook to Meta.

Mark Zuckerberg and his team said they were working on the commitment they have made. Meta is an effort to encompass company’s virtual reality vision for the future. Zuckerberg wants to reach out to billions of people by this decade.

He said he wants to create an ecosystem where people can create a product, interact, and work together. There company’s DNA only gives birth to technology that makes it easy for everyone to interact with their friends and relatives and everyone else.

So many allegations have put on Zuckerberg’s company after various documents leaked by former employee Frances Haugen. She also in The Associated Press had revealed that Facebook had downplayed internal warnings of violent content and ignored harmful content magnifying around the world.

But rebranding won’t be solving the myriad problem of Facebook that has revealed thousands of internal documents and degraded the company name.

All these crises aren’t stopping Mark Zuckerberg from taking a big step towards building a virtual environment where you can go inside and enjoy rather than look at the screen. Crises after crises but, he made his way clear to give a virtual outlook to this world.

With name, he also released a new logo for the company before it was a like sign and now it is replaced with an infinity sign.

He is investing millions of dollars in this plan so that it can work in the coming future. But in terms of technology, enormous money can’t guarantee its success.

 

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https://www.moneycontrol.com/news/business/explainer-what-does-facebooks-metaverse-look-like-7652831.html