Its Meta, and not Facebook anymore.
In a move to reflect the transcendence of Facebook into the Metaverse, company’s CEO Mark Zuckerberg, on Thursday, 28th 2021, announced the new name which according to him perfectly captures the dimension which the brand is journeying into.
The move came in the wake of everybody associating the brand with only single product i.e., Facebook, which along with its apps like WhatsApp, Messenger and Instagram will come under Facebook Reality Labs, a virtual and augmented reality products division.
Without changing its corporate structure and its vision of Virtual Reality expansion, Meta will be trading under the new MVRS ticker symbol.