I don't know what to make of this. Hopefully someone who knows and understands the technology better than I do, will help me make sense of this.
Facebook changes its company name to Meta
(CNN Business)Facebook is changing its company name as it shifts its focus to the "metaverse" and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents.
Founder Mark Zuckerberg said Thursday that Facebook will change its corporate name to Meta, effectively demoting Facebook's namesake service to being just one of the company's subsidiaries, alongside Instagram and WhatsApp, rather than the overarching brand.
The company formerly known as Facebook also said in a press release that it plans to begin trading under the stock ticker "MVRS" on December 1.
A rebranding could be part of an effort to overhaul Facebook's reputation and turn the page following a series of PR nightmares, including misinformation on its platforms, content moderation failures and revelations about the negative effect its products have on some users' mental health.
The name change, which was announced by Zuckerberg during the company's virtual reality and augmented reality conference Facebook Connect, aligns with its growing focus on the metaverse, which refers to efforts to combine virtual and augmented reality technologies in a new online realm.
I don't know what to make of this. Hopefully someone who knows and understands the technology better than I do, will help me make sense of this.
Facebook changes its company name to Meta
(CNN Business)Facebook is changing its company name as it shifts its focus to the "metaverse" and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents.
Founder Mark Zuckerberg said Thursday that Facebook will change its corporate name to Meta, effectively demoting Facebook's namesake service to being just one of the company's subsidiaries, alongside Instagram and WhatsApp, rather than the overarching brand.
The company formerly known as Facebook also said in a press release that it plans to begin trading under the stock ticker "MVRS" on December 1.
A rebranding could be part of an effort to overhaul Facebook's reputation and turn the page following a series of PR nightmares, including misinformation on its platforms, content moderation failures and revelations about the negative effect its products have on some users' mental health.
The name change, which was announced by Zuckerberg during the company's virtual reality and augmented reality conference Facebook Connect, aligns with its growing focus on the metaverse, which refers to efforts to combine virtual and augmented reality technologies in a new online realm.
I don't know what to make of this. Hopefully someone who knows and understands the technology better than I do, will help me make sense of this.
Facebook changes its company name to Meta
(CNN Business)Facebook is changing its company name as it shifts its focus to the "metaverse" and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents.
Founder Mark Zuckerberg said Thursday that Facebook will change its corporate name to Meta, effectively demoting Facebook's namesake service to being just one of the company's subsidiaries, alongside Instagram and WhatsApp, rather than the overarching brand.
The company formerly known as Facebook also said in a press release that it plans to begin trading under the stock ticker "MVRS" on December 1.
A rebranding could be part of an effort to overhaul Facebook's reputation and turn the page following a series of PR nightmares, including misinformation on its platforms, content moderation failures and revelations about the negative effect its products have on some users' mental health.
The name change, which was announced by Zuckerberg during the company's virtual reality and augmented reality conference Facebook Connect, aligns with its growing focus on the metaverse, which refers to efforts to combine virtual and augmented reality technologies in a new online realm.
It’s not really a tech thing. It’s a restructuring of the company, with the umbrella company “meta” owning Facebook, Instagram, etc. instead of Facebook owning the others.
he/him we all just have to live through it,
holding each other’s hands.
It’s not really a tech thing. It’s a restructuring of the company, with the umbrella company “meta” owning Facebook, Instagram, etc. instead of Facebook owning the others.
Then what is the augmented reality technologies bit about?
LIGHT HAS A NAME
We only get stronger when we are lifting something that is heavier than what we are used to. ~ KF
It’s not really a tech thing. It’s a restructuring of the company, with the umbrella company “meta” owning Facebook, Instagram, etc. instead of Facebook owning the others.
Then what is the augmented reality technologies bit about?
It’s the thing Z wants you to think about in place of Facebook. Anything that can be added to pictures or videos can be augmented reality. Zoom backgrounds. Pokémon Go, where the Pokémon appears in whatever you see through your viewfinder. A street view map of where you are walking with objects you click on to get historical data.
he/him we all just have to live through it,
holding each other’s hands.
Anything that can be added to pictures or videos can be augmented reality. Zoom backgrounds. Pokémon Go, where the Pokémon appears in whatever you see through your viewfinder. A street view map of where you are walking with objects you click on to get historical data.