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Zuckerberg Hints At Company Rebranding 
Posted 23,October

By Chaveendra Dunuwille

In International News

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According to a source with direct knowledge on the matter, Mark Zuckerberg, the owner, and CEO of Facebook, plans to rebrand the company with a new name. The new name will highlight the company’s current commitment to creating a meta-verse. 

Sci-fi novelist Neal Stephenson coined the term ‘Meta-verse,’ which was used to describe a virtual world where people would escape from the dystopian real world. Facebook has heavily promoted the idea of a meta-verse in recent weeks, and it has been laying the groundwork for a greater focus on the next generation of technology. According to Zuckerberg, such technology will be as standard as smartphones. 

The CEO plans to talk about his plans at the company’s Annual Connect Conference on the 28th of October, 2021, but sources claim that details could be revealed much sooner. The rebranding will see the classic Facebook logo replaced with a new parent company logo. Facebook, Instagram, Whatsapp, and Oculus will come under this umbrella. 

Facebook has over 10,000 employees building consumer hardware such as AR glasses. This is all part of its grand ambition to transition from a social media company to a meta-verse company. The name rebranding will not be the first of its kind done by a significant company as the company name Alphabet was replaced by the now-famous name Google.