Facebook Chief Executive Officer Mark Zuckerberg plans to talk about the name change at the company's annual Connect conference on Thursday October 28, 2021 but it could be unveiled sooner, the Verge reported. In response, Facebook said it does not comment on "rumor or speculation."
Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday October 19, 2021 as the tech giant comes under fire from regulators around the world over its business practices. The company plans to announce the new name next week, the Verge reported, citing a source with direct knowledge of the matter. Facebook wants to be known for more than social media, according to the tech publication. In addition to its flagship social media network, Facebook also owns Instagram and WhatsApp. A name change could position the three mega platforms under an umbrella brand, similar to the structure used by Google, which sits under parent company Alphabet.
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