Facebook plans to rename the company to focus on metaverse development

Facebook would be looking to unlink the company name from that of its main social network with a change that it would announce next week and that would follow the objective of focusing on the development of the metaverse.

The technology company would have already decided a name change, which will be announced next week during the celebration of the annual Connect conference, on October 28, as reported by The Verge, citing a source with direct knowledge on this subject.

The announcement would be made by Facebook’s CEO, Mark Zuckerberg, although it could be anticipated. With him, I would seek unlink the company from the popularity of the eponymous social network, which would become another service that currently houses, such as Instagram or Oculus.

The company’s plans are to focus his efforts in the development of the metaverse, a new phase of interconnected virtual experiences through the use of technologies such as virtual and augmented reality. An environment where you can be present with people in digital spaces, and in which the feeling of presence will acquire great importance.

On Monday, the company announced a plan to create 10,000 new highly skilled jobs. in the European Union – including Spain– for the next five years, who will develop the metaverse project.

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