Facebook is now Meta | What is the real reason behind your name change?

Mark Zuckerberg, the head of Facebook, announced on Thursday that the company’s headquarters will be renamed Meta, to better represent all its activities, although the name of the different networks will remain.

The change occurs when the giant of the social networks and, at the same time, directs its ambitions towards the version of virtual reality “metaverse” which it considers as the future.

in the new name of the group.

“We learned a lot from struggling with social issues and living on closed platforms, and now is the time to take what we have learned and help”Zuckerberg said during an annual developer conference.

“I am proud to announce that as of today, our company is Meta. Our mission remains the same, to connect people, and our applications and brands will not change ”, added.

Critics of Facebook released reports last week that revealed what and controversies that have it at its center, with the name change.

A group calling itself “The Real Facebook Oversight Board” warned that large corporations, such as oil and tobacco companies, are changing their names to

“Facebook believes that changing their name will help them change the subject,” the group said last week. He added that the “real problem” is the need to

Facebook announced 10 days ago plans to hire 10,000 people in the European Union to develop the “”, with Zuckerberg emerging as the pioneer in promoting that concept.

Moment of crisis

Facebook has been fighting a new crisis since its former employee Frances Haugen leaked numerous internal studies that showed executives were aware of it, sparking a renewed push in the United States to regulate activities on the web.

Facebook has already suffered from other major crises, but its current vision fueled a frenzy of scathing reporting and scrutiny from US regulators.

“Good faith reviews help us improve, but in my opinion what we see is a coordinated effort to selectively use filtered documents for painting. ”Zuckerberg said Monday.

The Washington Post suggested last month that Facebook’s interest in the metaverse is “Part of a broader push to r with legislators and reposition Facebook to shape the regulation of Internet technologies ”.

Google rebranded itself Alphabet in a corporate overhaul in 2015, but its search engine and online advertising remain its key unit despite having undertaken other operations, such as self-driving car development Waymo and scientific unit Verily.