Colbert Roasts Facebook Name Change for Not Actually Fixing Anything (Video)

Facebook has announced its plans for a new futuristic platform - which the company will hire 10,000 staff in Europe to work on.

Todd Spangler NY Digital EditorThe metaverse is coming, according to Mark Zuckerberg, the founder of Facebook who is now trying to reinvent the company under a new name: Meta Platforms.In a presentation Thursday at the Facebook Connect conference, Zuck announced the corporate name change.

After a week of rumours, this year’s Connect event made it official that Facebook – the parent company behind the titular social media platform – has been formally rebranded as Meta, signifying its pivot from focussing on only social media to “building the metaverse”.CEO Mark Zuckerberg made the announcement yesterday (October 28), taking to the virtual stage at his company’s annual Connect conference to outline Meta’s future as a broader company, and in particular, how VR will elevate its

What’s in a name? Mark Zuckerberg announced on Thursday, October 28, that Facebook will now be called Meta to better encompass what the company does.

Facebook is going through a major rebrand with a new name – Meta – having been announced.

Facebook’s Mark Zuckerberg said the company is changing its corporate name to ‘Meta’ a move that was hinted at in recent weeks and follows the company’s plans to invest billions of dollars in the next iteration of computing that the social media giant’s CEO has dubbed the Metaverse.

Facebook is changing its name to Meta!

Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future, what Zuckerberg calls the “metaverse.”

Addressing “the recent debate around our company,” Facebook CEO Mark Zuckerberg gave not an inch on Monday, saying, “what we are seeing is a coordinated effort to selectively use leaked documents to paint a false picture.”

Todd Spangler NY Digital EditorFacebook chief Mark Zuckerberg insisted that issues like misinformation and political polarization are not “primarily about social media” — and he complained about a raft of critical articles published in recent days based on internal documents leaked by ex-employees.Meanwhile, also on the social giant’s third-quarter earnings call, Zuckerberg said Facebook is investing about $10 billion in its “metaverse” strategy in 2021, including in its Oculus VR products,

Facebook hit 2.91 billion monthly active users last quarter, up 6% from the year earlier, and reported mixed numbers and a full year outlook that was below expectations.

Facebook may be pelted of late by revelations from whistleblowers and damning internal documents made public, but the Mark Zuckerberg co-founded social media giant has decided to draw the line when it comes to the upcoming Doomsday Machine TV series.

There is “no will at the top of Facebook to ensure it is run in an adequately safe way” and Mark Zuckerberg is only concerned with shareholder interest, according to Facebook whistleblower Frances Haugen, who is giving evidence to a UK committee this afternoon.

Facebook continues to generate headlines, with CEO Mark Zuckerberg personally being named a defendant in a consumer protection lawsuit and the company said to be planning a name change.

according to a report by the Verge. Facebook founder and CEO Mark Zuckerberg wants the new name to demonstrate Facebook’s focus on building the metaverse, an unidentified insider told The Verge.

Facebook is planning to rebrand the company with a new name to reflect its next venture, the metaverse, it has been reported.

Todd Spangler NY Digital EditorWhat will Facebook’s new name be?The social giant, amid one of the worst PR crises in its 17-year history, is expected to announce a new name before the end of the month, according to a report by tech-news site The Verge, citing an anonymous source.Facebook’s new name is supposed to reflect CEO Mark Zuckerberg’s positioning of the company as moving beyond social media — into a developer of virtual “metaverse” experiences, per The Verge.Zuckerberg plans to talk