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Facebook is re-branding and changing its organisation name in one week from now as indicated by an insider report from theVerge.
The web-based media monster will have another name that will mirror its attention on making a metaverse. It's additionally perhaps associated with its unreleased social computer generated experience world called Horizon Worlds.
The coming name change, which CEO Mark Zuckerberg plans to discuss at the organization's yearly Connect gathering on October 28th, however could divulge sooner, is intended to flag the tech monster's aspiration to be known for more than web-based media and every one of the ills that involve.
From what TheVerge announced, the name change is as yet confidential and not all top representatives are even mindful of it.
The rebrand would probably situate the blue Facebook application as one of numerous items under a parent organization supervising bunches like Instagram, WhatsApp, Oculus, and the sky is the limit from there.
In 2015, Google did the same thing; put its various projects and divisions, along with itself, under its parent company Alphabet. And Snapchat rebranded to Snap Inc. in 2016, the same year it started calling itself a “camera company” and debuted its first pair of Spectacles camera glasses.
At the moment, it’s unclear how long Facebook been has planning on changing its name, but it’s certainly a good distraction for the investigations it’s facing and the bad press it’s currently getting.
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